How to Start Real Estate Investing in Dubai?

In order to start investing in Dubai real estate, you have to identify the investment purpose first. Besides being used as private residence, properties can be rented out and resold, which are perfect options if you are looking to generate some income. The main factor that affects the price of the property is its location and the nearby amenities.

Of course, if the property provides easy access to public transport links, healthcare and educational establishments, as well as retail stores, then its value will most certainly be higher.

Furthermore, if you are willing to invest in Dubai real estate, you have to remember the property transfer fee of 4%, which is divided equally between a seller and a buyer. Other expenses regarding a property purchase include insurance, an NOC fee, an annual maintenance fee and commission of the real estate agent (about 2% of the property purchase price).