Downtown Dubai
Ready- Apartment
- 2 beds
- 1,698 sq. ft.
Dubai is a global city known for its record-breaking architecture, innovative development, and economic dynamism. Located in the United Arab Emirates, it has become a tourism, trade, and real estate hub. It is one of the top destinations in the world for tourism and real estate and attracts millions of international visitors and investors. Landmarks like the Burj Khalifa and Palm Jumeirah dominate the city's skyline. Its world-class infrastructure, diverse culinary scene, and robust air connectivity make it a favourite among global travellers. The city also excels in economic and real estate opportunities and is ranked as a leading city for property investment, remote work, and innovation. With its commitment to safety and visitor satisfaction, Dubai continues to set new standards for urban excellence.
Yes, Dubai allows foreign nationals to buy freehold properties in designated areas such as Dubai Marina, Palm Jumeirah, and Downtown Dubai and grants full ownership rights.
Buyers typically pay 4% of the property value as Dubai Land Department (DLD) fees, agency fees (usually 2%), mortgage processing fees, and property registration charges.
Off-plan apartments often offer flexible payment plans, lower prices compared to ready properties, and the potential for high returns due to value appreciation after completion.
Buyers must sign a Memorandum of Understanding (MoU), pay a 10% deposit, and complete the property transfer at the Dubai Land Department. It is recommended that they hire a reputable agent or legal advisor.