Discover answers to common inquiries and gain valuable insights with our HN FAQs section.

Here are the most frequently asked questions

Yes, in freehold areas such as Dubai Downtown, Dubai Marina, Palm Jumeirah, Arjan and many more areas.

Everyone, non-residents, including expatriate residents and foreign investors, are allowed to buy residential or commercial property in Dubai.

Plan and save money : It allow investors to get a purchase at the earliest and lowest possible price and buyers to pick the very best apartments in a specific development.

Sell before the completion date : Investors can sell off their off-plan property contracts prior to the completion of the projects and at a considerable profit.

Lower up-Front Costs : Off plan property payment plans can and do vary from different types of developers in Dubai.

The expenses associated with owning a property in Dubai vary based on the property type. Given that many properties are situated within apartment buildings or villa communities, there are ongoing costs known as “Service or Maintenance” fees. These fees contribute to the maintenance and upkeep of the building or community where the property is situated.

Certainly, it’s simpler to do so through developers, whereas for resale properties, you have the option to issue a power of attorney. 

Dubai’s real estate market is transparent and presents a compelling return on investment (ROI) for buyers and investors. It stands out as an ideal market for investment due to the following reasons: Tax-Free Incomes: Enjoy the benefit of tax-free incomes, enhancing financial gains for investors.

1. Top-notch Infrastructure and Diversified Economies: Dubai boasts excellent infrastructure and diverse economic opportunities, contributing to its appeal as a prime investment destination.

2. High Property Income: The income generated from properties in Dubai rivals that of cosmopolitan cities such as London and New York.

3. High Living Standards and  Excellent Living Conditions: Dubai offers high living standards with excellent living conditions, making it an attractive choice for residents and investors alike.

4. Safe and Secure Environment: Recognized for its safety and security, Dubai provides a family-friendly environment, adding to its allure for families seeking stability and well being.

Yes. You can get residency visa in following cases:
AED 750K (Ready Property) 2-Years Visa
AED 2,000,000 (Ready Property) 10- Years Visa

An escrow account is that which acts as a third-party funding medium wherein the merchant receives access to the transferred money (by the buyer), once an escrow agreement has been fulfilled. If the agreement is not fulfilled by the merchant, the fund is then returned to the buyer. In UAE’s real estate market, an escrow account has a very particular function.

The developers of the various projects have to open different escrow accounts for every project, as per the Escrow Account Law in UAE. It protects the buyers’ funds and regulates the funding that the developers receive from the buyers in order to construct the projects.

No, it is not true that Dubai’s government retains your real estate ownership in the event of your death. Dubai’s property laws allow for inheritance of real estate assets, and your property ownership can be passed on to your heirs or beneficiaries according to your wishes or local inheritance laws.

Some developers offer the option of purchasing a property that comes fully furnished. In some cases, developers may also offer early buyers the added incentive of free or discounted furniture packages as part of the purchase price. In the case that your property doesn’t come fully furnished, our agency could take care of it as well as the rental management.

Yes, we offer services such as property marketing, tenant screening and selection, rent collection, lease management, maintenance and repair coordination, and financial reporting.

Dubai’s real estate market is subject to stringent regulation, whereby developers are obligated to register with the Real Estate Regulatory Agency (RERA) and acquire a license to conduct business. Moreover, RERA mandates that developers open an escrow account with an approved financial institution, where all funds from investors are deposited and held until the project’s completion. This mechanism affords a certain degree of security for investors and guarantees that their funds are not misappropriated.

Dubai’s tax regime is investor-friendly with incentives and exemptions to encourage investment in real estate. Key tax implications for real estate investment in Dubai include no personal income tax, no capital gains tax, and no property tax for owner occupied homes.

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