UAE Property- Investing in Apartments for Rent in Dubai or property for Sale
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.
UAE Property- Investing in Apartments for Rent in Dubai or property for Sale
By: Daniel McCain
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UAE Property- Investing in Apartments for Rent in Dubai or property for Sale Columbus