Investing In Uae

Offering exceptional value for money on the rental front, the United Arab Emirates are a good place to start building up a buy-to-let property portfolio. Dubai led the way, and now other United Arab Emirates are following, having recognised the need to build more residential and tourist accommodation and commercial real estate.

As a foreign buyer looking to live in the United Arab Emirates one is a little more restricted, as not all developments offer residence permit or foreign investor visa properties. Properties suitable for foreign buyers are often found in beach developments, such as the Jumeirah Beach Residence for example. The residence permit and visa for property owners grants only temporary residency to qualified investors and their dependents on the basis of property ownership, but there is a difference between the two types of permit. The residence permit for property owners is renewable every two years for real estate bought in Dubai, while the multi-entry residence visa for property owners is renewable every six months and valid for properties in any emirate.

To be eligible for either of these, residence permit or visa, the property one buys must be valued at more than Dh 1,000,000. Mortgages are permitted with the residence permit option, however, if the property is mortgages at least 50 per cent of its original price must be paid off, or Dh 1,000,000 must be paid off if the property's value exceeds Dh 2,000,000. The property must be in a freehold area and entirely owned by the investor, with the title deed issued in the name of the applicant and lease-to-own deeds will not be accepted. The property must also be turn-key, ready to move into and large enough to house all family members expected to live there.

There are quite a few documents needed as well as a medical examination, and there is a cost. The residence permit costs ca. Dh 13,000 in government fees, and if the investor wishes to move dependants into the country, there is an additional Dh 3,000 per dependant to pay. For the visa option, one pays around Dh 2,300 per applicant, and this is the same for each dependant. The amount is due every six months. 1 Dh equals USD 0.272196, so Dh 1 million equates to ca. USD 272,200 and Dh 13,000 to ca. USD 3,500.

Rental yields, for those who wish to invest in UAE but not relocate there, are averaging at just over 7 per cent, an attractive alternative to London, which offers only around 3 to 4 per cent. In the famous Palm Jumeirah in the Dukes and Anantara project developments this can rise to 10 per cent net. Increases in population due to continued job creation means that there is high demand for rental properties. Also offering high yields is the development at Marquise Square, Dubai City, where prices for apartments start at Dh 895,000 (ca. USD 230,000).

With Expo 2020 on the horizon, with will be held in UAE's Dubai, rental yields for tourist accommodation and those exhibiting at the Expo will be higher than ever!

Find Property for YouLet Us Find Property For You

Fill out a requirements form and our experts will help you find a great selection of properties for sale in United Arab Emirates.

Help me find property in United Arab EmiratesGo

Foreign Exchange

 Considering a property purchase in United Arab Emirates or need to transfer currency to/from United Arab Emirates?

Save Thousands in Currency Transfers Go

United Arab Emirates flagGet a Mortgage Quote

When considering a buying property in United Arab Emirates, you are well advised to get expert mortgage advice from a mortgage broker.

Get a mortgage quote in United Arab EmiratesGo

Holiday Rentals in United Arab EmiratesHoliday Rentals

Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.

Find out more Go

Insurance QuoteGet Insurance in United Arab Emirates

If you own or are about to purchase property in United Arab Emirates, you get an insurance quote using our online insurance quote form.

Get Insurance in United Arab EmiratesGo

WillsLooking for a Will?

 Do you have your British assets covered by a will?
Do you have your movable foreign assets covered by a will?
Have you made plans to protect your family in the event of your death?

Get more information on Wills Go

PensionsGot a UK Pension?

Everything you need to know about transferring your UK Pension is in our downloadable guide.

Get more information on Pensions Go

Can't find what you're looking for?

We're here to help in any way we can. Help me find it!