Is buying an apartment in Dubai easy?

The process for buying an apartment in Dubai is relatively straightforward, but it may be slightly different to the process in your home country. It is recommended that you work with an experienced real estate agent who can serve as an excellent guide to buy an apartment in Dubai. 

Is it a good idea to buy an apartment in Dubai?

There are many benefits of buying an apartment in Dubai. If you are a resident of Dubai, choosing to buy instead of renting can make excellent financial sense. Apartment rents have increased significantly in recent years, and mortgage payments often cost less than rent, plus you’re growing your net worth through an asset. If you are an investor, buying an apartment in Dubai can be an excellent choice due to high rental yields and excellent potential for capital appreciation. 

Can I get a visa if I own an apartment in Dubai?

Yes, you can get a long-term (5 or 10 year) residency visa in Dubai, also known as a Golden Visa, if you buy an apartment, or build a portfolio of properties, that is worth at least AED 2 million. 

Can you own a 100% apartment in Dubai?

Yes, you can own 100% of an apartment in Dubai without the need for a local partner if you buy in one of the designated freehold areas – these are many of the most popular communities in Dubai. 

What is the minimum salary to buy an apartment in Dubai?

In general, the minimum salary to buy an apartment in Dubai using a mortgage is at least AED 10,000 for a UAE National, or at least AED 15,000 for a UAE Resident. However, different banks will have varying requirements.