Is It Worth Buying A Property in Dubai?

Purchasing real estate in the emirate of Dubai has a lot of advantages. One of them is the fact that Dubai offers high rental yields, which varies on average from 5% to 9%. Another advantage of investing in the property market in the emirate are its real estate prices per sqft, which are lower than in many other global cities, which makes Dubai an affordable location to own prime property.

By purchasing real estate in the emirate at a minimum price of AED 750,000 (USD 204,000), owners will be able to apply for a 3-year investor visa. When buying a property to the amount of AED 2,000,000 (USD 545,000), investors will become eligible to apply for a 5-year UAE Golden Visa. Property owners in Dubai also benefit from favourable tax conditions including the absence of property taxes and stamp duties.