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<br>Non-residents can purchase property in designated freehold zones in Dubai. Choose a property, engage a real estate agent, secure a No Objection Certificate, sign a sale agreement, and complete the transfer of ownership through the Dubai Land Department. Pay fees, collect the title deed, and consider property management. Stay informed about regulations.<br>
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INCH & BRICK How to Acquire Property in Dubai as a Non-Resident? • INCHBRICK.COM
INTRODUCTION • Dubai's global appeal for investors. • Guide for non-residents on buying propert in Dubai • INCHBRICK.COM
FOREIGN OWNERSHIP: • Permitted since 2002. • Limited to freehold areas like Palm Jumeirah. • INCHBRICK.COM
Leasing for Non-Residents: Recommended Approach: • Feasible strategy for rental income. • High demand due to business and tourism. • Engage reputable agent. • Provides market insights, aids transactions. Buying Without Agent: Financial Aspects: • Steps: Identify, negotiate, draft, pay, finalize. • Not recommended without local market understanding. • 20% minimum down payment. • AED 15,000/month salary for mortgages. Affordable Options: Minimum Investment: • No fixed amount; location and type-dependent. • Two million AED for UAE Golden Visa. • Studio/1-bed in areas like International City. • Starting at AED 200,000. • INCHBRICK.COM
Guidance for Non-Residents: • Azizi's Palm Jumeirah - Mina: • Clear understanding, due diligence, professional help. • Align with long-term financial goals. • Iconic development, prime location. • Luxurious amenities, breathtaking views. Unlock Dubai Ownership: • Explore guide at Hyderabad expo. • Navigate legalities, discover investment keys. • Join for insights and opportunities - REAL ESTATE EXPO IN HYDERABAD 2024 • INCHBRICK.COM
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