Have you bought real estate in Dubai?

PinkCat · 2023-05-20T08:54:25+01:00

Looking to go this route by the end of the year and any information might be helpful. Here are few random questions that I have on my mind. 1. On top of the real estate price what other fees you have to be ready to pay? 2. Do you need a broker, what is their added value and what is their usual fee? 3. Most developer seem to offer their own payment plans, like 30% upfront, then 1% per month for couple of years and then you pay the rest when the property is finished. In that case at which point you can claim residency and BANK account based on having invested over 2M AED in property? 4. Are there any developers known and VERIFIED to accept payments in stablecoin? 5. In theory Dubai is sharing info with your tax country residence, but do they do it in practice? 6. What kind of property/area is best for higher airBnB type of ROI? (Villa, 2 bedroom flat, etc?) Anything else you might see as useful for a newbie

PinkCat20 May 2023

replies: 22
views: 809

jorgeFake user - Alias of JohnLocke

Joined: Oct 2012
Messages: 309

22 Aug 2024#21

Be careful with scams, don't let you fool into something.

Henn and RichActive Recruit

Joined: Jun 2023
Messages: 98

23 Aug 2024#22

jorge said:
Be careful with scams, don't let you fool into something.

The city in question is a very scammy city, especially post covid

jorgeFake user - Alias of JohnLocke

Joined: Oct 2012
Messages: 309

7 Sep 2024#23

Henn and Rich said:
The city in question is a very scammy city, especially post covid

You say Dubai is a scammy City ? I think that is why scams do business there isn't it?

Have you bought real estate in Dubai?

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