It is high time for investment in UAE Property. After passing of Law
of Freehold ownership in year 2006, freehold apartments for rent in
Dubai have sprung up in selected areas all over the cosmopolitan city to
tender the foreigners to have the chance to own Dubai property for
sale.
Dubai property for sale has become a hotspot for investors who are
interested in international properties. With exclusive architectural
design and development and ambitious rise for projects can be seen
easily. With UAE property market still in growing stage and demand
exceeding the current supply, it can be said that this is the time for
ripe for investors to invest in the vibrant and captivating market of
Dubai property for sale.
After the state passed the Freehold law in March 2006, they allowed
foreigners for both 99 year leasehold and freehold ownership of land in
some selected areas. Freehold or leasehold allows foreign investors with
ample benefits of investing in UAE properties. The holder of UAE
properties can take benefits by giving apartments for rent in Dubai if
they like to. The potential of UAE property is extremely high especially
in Dubai where there is a great demand for rentals for short stay and
according to experts 10 % of market is for short term rentals in Dubai
and other regions of UAE. In Dubai there are no income taxes applied and
so is true for the income generated by rent flat Dubai or other
properties in Dubai. Additionally there is no Capital Gain Tax in Dubai.
As there is an expectation that the population of Dubai will be doubled
within next 5 to 6 years which will be the great reason for increasing
demand of rental properties in Dubai.
There is no requirement for owner to live in UAE, but they should
visit the region for a short time once after every 6 months. There are
many international and local companies that provide services of property
management in Dubai and UAE like Halcon real estate, Better Homes,
ADSF, Coldwell, WAT, Go Master Key, PSI, JG Property Management, and
Asteco . These companies can look after the properties when their owners
are not in the region. Freehold property ownership also entitles the
first named owner to a 3 year renewable residential visa.
The apartments for rent in Dubai or properties for Sale
Some of the most popular names of UAE Property developments where you
can get gated, family friendly communities, swimming pools, sports and
games, and bulk of residential facilities that you can’t even find at
your own home are:
Dubai Marina With waterfront view Dubai Marina offers you luxury Dubai furnished apartments and villas with all the possible amenities.
Arabian Ranches a society of freehold villas and
townhouses at short distance from Dubai and Jebel Ali, placed in the
desert, still tendering you with an access to Dubai Polo Club and
Equestrian Centre.
The Greens Near Emirates Golf Course offering up-to-date low-rise freehold apartments available as studios, 1, 2 or 3 bedrooms.
The Spring Here you can find 3 to 5 bedroom villas, situated off Sheikh Zayed Road.
The Meadows Near Dubai Media City offering 3 to 7 bedroom villas that are two-storey.
Emirates Hills An elite, world-class development that includes freehold villas situated near Dubai Media City and Emirates Golf Club.
You may find the listings, pricing, and other information about all
the UAE properties like villas, homes, studios, rooms and apartments for
rent in Dubai when you search on internet. There are abundant of
websites that provide full information about Dubai properties for sale.