Waterfront living, beautifully planned homes, futuristic benefits of buying a property are just some of the aspects that lead to the billion-dollar question – can you buy a house in Dubai? A huge number of tourist come over Dubai to spend holiday.
Today many people are looking to settle in a city that has a potential. Dubai is one such city that gives you millions of reason as to why you should settle here. People from various parts of the globe flock the city of Dubai throughout the year. If you are wondering about how can you buy a house and why should you get one, here are 5 main reasons that will help you understand the question can you buy a house in Dubai.
There are no taxes on properties
Property taxes can defiantly burn a hole in your pocket. It is not wrong to be worried about this factor. Can you buy a house without worrying about taxes? The answer is yes. Dubai is one of the cities in the world that does not have property taxes. To make this possible, the authorities of the city have come up with various other ways wherein they can get the necessary revenue to help in the city’s progress.
As per the Government regulations, investors stand to gain on the fact of how can you buy a house because of certain implementations. For example, if an expat buyer purchases a property that is AED5 million or less and opts for a loan, there is a 75% mortgage cap on the loan to value. Another answer to the question Can you buy a house in Dubai is that as of January 2018, the transfer fee is increased to 4% from 2%. With so much in store, people from various parts of the world are actually investing in the city. Even companies are bringing in a lot of revenue by having their offices in Dubai.
Can you buy a house pertaining to the infrastructure and facilities?
Another reason to answer Can you buy a house in Dubai is that the city has planned many futuristic views to attract tourists. For those who are considering investing in Dubai and how can you buy a house, the infrastructure of the city is another reason why you should invest here. Every citizen living in this city stands to gain in various ways.
Not only do they have access to better roads, but if you are a citizen of the country, you also have a variety of perks and benefits of living in Dubai. People who settle down here are not only happy with their decision but also have a chance of making a better future for their family.
Working professionals will have better opportunities
If you are a working professional the question Can you buy a house in Dubai is ideal since there will be various opportunities for people who want to work you. Given the fact that there are expansion plans on the pipeline, you do not have to worry about how you can you buy a house or would you be able to afford one. Through the expansion of the city, there will be more jobs available.
This will equally help a person to get the answer to the question Can you buy a house in Dubai by taking a mortgage. Dubai always has requirements for different kinds of professionals at all times. The hospitality sector is one such example. If you look at the job opportunities that are available today, you will find that there is a lot in store for you when you decide to work here.
How can you buy a house even if the market is high?
Can you buy a house in Dubai even if you are on a budget? Well, the fact of the matter is that even if the market rates are high and you are wondering how can you buy a house for rental purposes; the answer is that you will get great returns from renting your property. This will equally help you to answer the question Can you buy a house in Dubai without any worries.
Financial companies and loan providers provide the best interest rates keeping in mind the fact that people need to live comfortably. If you are working in the city, you can easily get a loan so that you can buy a place within your budget. You can defiantly find a property that is within your budget depending on the kind of facilities you need.
How can you buy a house when you are worried about the safety of your family?
Safety and security are the two main concerns of any person investing in a property. One of the best things about Can you buy a house in Dubai is that the law is very strict on this front. The city is the home to people from various parts of the Globe. No doubt, just like any other city, you do have crimes happening here, but if a criminal is caught, they are entitled to very stringent punishments.
Not only that, the armed forces here do not tolerate any kind of misbehavior or criminal activities. People living here can defiantly feel secured and do not worry about how can you buy a house when it comes to the safety. It does not matter where you choose to live, the fact is that you can be sure that Can you buy a house in Dubai without worrying about anything.
Wondering how to find the best place for you?
One of the best ways that you can find a home in Dubai is by checking on any real estate portal. Déjà Vu Properties is one such portal that will help you find the house of your dreams. You can get all the information that you need about the different properties that are up for sale. Along with that, you can also get information about the futuristic projects that are in the pipeline. This is the one-stop solution for all your real estate needs.
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