Blog

Real estate projects are one of the most popular and profitable types of investments, in Dubai. If you are an end-user, would like to settle in Dubai – there are plenty of real estate projects in the market for you to consider. Depending on the location and preferences you can have a studio in Silicon Oasis or a luxurious villa in Dubai South.

On the other hand, real estate investors who are looking for high ROI are even in a better situation. Due to the development of the city and upcoming Expo 2020, Dubai has vast variety of off-plan projects. Depending on the location of the real estate project, ROI can differ from 6% to 10%. So what real estate project should investors invest in?

Importance of the location of the real estate project 

When it comes to real estate projects and real estate investments, return on investments is the main thing.  It determines what project investors will invest in. Dubai has certain locations which can promise high ROI for real estate investors. If you are aiming for 7%-10% ROI take into consideration the following locations: JVC, JLT, MBR City, International City, Dubai Silicon Oasis or Dubai Sports City. The main reason for these locations to offer high ROI is that they are still developing. Investors used to prefer downtown and The Palm, few years back. Nevertheless, in the last years, the market trend has changed. Dubai real estate investors started considering smaller units. Studios and 1BR apartments bring higher ROI, compared to big apartments and villas.

Real estate project developer 

Quality and overall ROI can depend on the real estate project developer, as well. Well-recognized developer with good reputation tends to attract more investors. Trust builds brand and brand sells better. As an outcome, by investing in a real estate project of a well-known developer you are securing yourself in a few ways. Overall ROI of the real estate project is high, and the finishing of the project is outstanding.

What real estate projects should you consider as a good investment? 

When it comes to real estate projects and ROI, there are few developers which any real estate investor should consider. Emaar Properties (semi-governmental developer) is one of the biggest real estate developers in UAE. By investing in one of their projects, such as Expo Golf Villas, Creek Edge or Sirdhana, you will be assured to receive an apartment with outstanding finishing and with high ROI.

Ellington Properties is a new developer in a Dubai market which managed to attract many investors in a very short period of time. One of the main unique selling points is design on units. Ellington uses the help of professional, well-known designers while working on each project. Every single detail is taken into consideration, from the greenery and landscape to the unit design and furniture color. If you are looking for a stylish apartment with the exceptional design – Belgravia, Wilton Terrace or Eaton Place are one of the top projects you should consider.

If you are looking for exceptional, unique projects like 1JBR – one of the residential buildings with its own private beach – you should consider Dubai Properties. This is a semi-governmental developer with a list of top real estate projects. Looking for quality, uniqueness, and reliability – invest in Dubai Property projects.

Dubai is a representation of what can be called the Perfect Environment for Investments. Whether you are end-user or investor – investment in Dubai real estate is always the right and profitable decision.

Contact property advisors of Universal Prime Real Estate and let’s invest together.

Dubai investor visa became one of the most discussed topics due to newly implemented rules and regulations. In order to attract more investors to the city, the government has implemented a 5-, 10-years Dubai investor visa. It will ease investor life and bring more opportunities when it comes to business set up and real estate investment. Dubai investor visa is another step towards improving the life of Dubai expats. But who can obtain Dubai investor visa and what are the different types of it?

Who can obtain Dubai investor visa? 

There are certain limitations when it comes to Dubai investor visa. There are two main categories of people who can be eligible for Dubai investor visas such as investors in Dubai real estate or entrepreneurs, business owners. Even though being an investors or entrepreneur does not guarantee Dubai investor visa. In order to be eligible for the visa, your investment in Dubai real estate should be AED 1 million or above. When it comes to business owners – the cost of the business project should be equal or more than AED 500,000. Depending on the amount of the investment, an investor can be qualified for 3-, 5-, or 10-years Dubai investor visa. So, what requirements should be met in order to be eligible for an investor visa?

Types of Dubai investor visa for real estate investors 

Depending on the type of your activity (real estate investor or entrepreneur) you can obtain 3-, 5-, or even 10-years investor visa. What requirements should be met if you are a real estate investor?

3 years Dubai investor visa 

In order to be eligible for 3 years investor visa, your total investment should be AED 1 million or above in one property out of maximum 3. An investor is eligible for property visa against Dubai property as long as the purchase value is AED 1 million or above and an investor has paid off 50% mortgage. If the property is financed, an investor should be mentioned as the owner of that property as if the bank is mentioned as the owner – visa application can be rejected.

Acceptable Properties for Dubai Property Visa:

• Apartment;
• Services Apartment;
• Villa/ Townhouse;
• Hotel Apartment;
• Hotel Room;
• Office;
• Warehouse.

Note: The property should be in a freehold area. If you have purchased (leased) property in a leasehold area, you are not the rightful owner of that property. Your title deed, in this case, will specify for how many years you have leased the property

Not Acceptable Properties for Dubai Property Visa:

• Leasehold Property
• Off-Plan Property
• Disputed Property

5 years Dubai investor visa 

If your total real estate investment is 5 million and above, you can obtain 5 years Dubai investor visa. One of the main advantages of this visa is that it is an open visa. It means that investor does not have a minimum time limit for which he must remain in the UAE to keep the visa active.

10 years Dubai investor visa 

This type of visa requires an investment of AED 10 million and above. Investors in public investments through a deposit, an established company, business partnership – as long as non-real estate investments are not less than 60% of the total investment. The new visa is an open one. There is no minimum time limit for which the investor must remain in the UAE to keep the visa active.

Types of Dubai investor visa for entrepreneurs 

An entrepreneurs or business owners are eligible for 5 years Dubai investor visa. There are two categories of entrepreneurs who can get 5 years visa.

• Those having a previous project with a minimum of AED 500,000, or having the approval of an accredited business incubator in the country.
• Entrepreneurs will be granted a 5-year visa with a possibility for upgrading to an investor visa provided they meet the requirements. Main benefits of the entrepreneurial visa cover entrepreneurs, partners, 3 executive directors, spouse, and children. The entrepreneur is allowed entry into the country for 6 months, multiple-entry visa period, with renewal for another 6 months. New visa is an open one which means there is no need to enter the country every 6 months in order to keep it valid.

An additional advantage of the entrepreneur’s visa is that it can be upgraded into real estate investor visa, only if needed requirements are met by the investor.

Needed documents for entrepreneurs or business investors 

• Passport copy (color)
• One photograph (white background)
• Memorandum of Association Copy (for LLC)
• Trade License Copy
• Partners List (in case of the partnership of LLC)
• Service Agent Contract Copy
• Partnership Contract Copy
• Original Emirates ID of Partner / PRO
• Immigration Establishment Card Copy

Document required for Medical

• Typed Application for Medical Check-Up
• Copies of Passport
• Copies of Visa
• 2 Photographs (white background)

Documents required for Visa Stamping

• One photograph (white background)
• Typed form for Emirates ID
• Original Visa
• Original Medical Certificate
• Passport
• Immigration Establishment Card
• LLC Agreement (for LLC)
• License (Commercial License, Professional License, etc.)
• Partners List Copy

Needed documents for real estate investors 

Documents Required for 6 Months Dubai Property Visa

• Original Title Deed
• Original Passport
• Conduct Certificate from Dubai Police
• NOC from Developer
• Current Visa Copy
• 1 Passport Size Photo (white background)

NOTE: The above documents have to be submitted in General Directorate of Residency and Foreign Affairs Dubai.

Documents Required for 3 Years of Dubai Property Visa

• Original Title Deed
• Original Passport
• Good Conduct Certificate from Dubai Police
• Current Visa Copy
• 1 Passport Size Photo (white background)

Whether you are an investor or entrepreneur, you can obtain Dubai long-term investor visa of 3-, 5- or 10 years, depending on your total investment.

For more information contact our specialist at info@universalprime.ae or 04 277 8034.

Real estate investment is relevant, at the moment, like never before. Taking into consideration that Dubai real estate market is going through the stage of stabilization. Even though prices went down on all real estate segments (off-plan properties, ready units, and rentals) the situation will improve by the end of 2020. The main boosts are Expo 2020 and governmental newly implemented rules and regulations.

Whether you are considering real estate investment from the investor’s point of view (off-plan or ready unit) or as an end-user, Dubai real estate investment is the best decision you can make, at the moment. Let’s take a look at the latest stats and figures.

Dubai real estate market. Current situation 

Dubai was ranked as the 3^rd most affordable city when it comes to the real estate investment in prime homes, according to the latest research. According to the Worlds Cities, Prime Residential Index Dubai is one of the most affordable cities for purchasing prime residential property. Dubai real estate investors see this city as the best opportunity in getting a good return on investments and as an additional source of income. That is the main reason real estate investors invest now, in Dubai real estate, and keep their property for as long as they can. The market stabilizes when the prices will go up. It will be the best time in obtaining the desired return on investments.

Why should you consider Dubai real estate investment?

It is the best time to acknowledge Dubai real estate investment. Dubai real estate developers have numerous attractive offers.  You can get from 2-3 years payment plan to 3-5 years post-handover payment plan. For example, if a developer offers 5 years post-handover payment plan the buyer pays 40% till handover. Remaining 60% can be paid as an installment for up to 5 years. This type of payment plan will benefit both, investors and developers. Post-handover payment plan will increase a buyer’s return on investment accordingly.

Important points to be considered by those who want to invest in Dubai real estate. Dubai government has implemented new rules and regulations such as a gold card for investors, 5, -10 years investor’s visa, and 100% free ownership. The main goal of these regulations is to create a favorable atmosphere for those who are looking for real estate investments. Whether you are end-user or an investor – Dubai real estate investment, done now, will only benefit you in the near future.

When is the right time to invest in Dubai real estate?

If you are looking for a property to invest in, as an end-user, it is one of the best times. Dubai real estate market has a huge variety of different real estate projects which can satisfy any type of investors. Whether you are looking for an apartment, villa, affordable or luxury unit – Dubai real estate market has everything you need.

Dubai real estate investment for end-users. 

Prices of Dubai real estate is still declining. Nevertheless, we can hear more often than it is cheaper to own an apartment in Dubai, rather than rent it. It is extremely relevant for those people and families who made or planning to make Dubai their second home. Numerous offers and easy payment plans made it possible for people to invest. Even those from the middle class got an opportunity to own an apartment in Dubai. Easy payment plans allow them to pay off the full price during a certain number of years (depending on the developer’s offer).

Possibility in owning an apartment, high quality of life, and security make Dubai one of the most attractive destinations for real estate investors, whether you are an investor or end-user.

If you are looking for Dubai real estate investments – contact property consultants from Universal Prime Real Estate. Call us at 04 277 8024 or drop us an email at info@universalprime.ae.