Properties for sale in UAE

Property in UAE with residence permit

Properties in the UAE are in high demand among foreign buyers. The warm climate, well-maintained beaches,well-developed infrastructure and stable economy make the country attractive for seasonal holidays, relocation and investment. There are ample opportunities for employment, business ventures across various industries and studying at world-class universities. Families with children also enjoy comfortable living conditions, with access to international schools, advanced clinics and a wide range of shopping and entertainment centres.

Real estate for sale in the UAE is characterised by high-quality construction and finishing, with modern design. Spacious layouts often include terraces and balconies, storage areas, built-in dressing rooms and individual bathrooms. Panoramic windows are a distinctive feature of many homes, allowing ample natural light and offering stunning views of the sea or cityscape.

One of the key factors contributing to the country’s popularity is the option to obtain a residence permit in the UAE through property investment. Foreigners can choose from the following types of housing:

• Apartments; These are units with one or more bedrooms in high-rise buildings. The complexes offer a variety of amenities, including swimming pools, fitness centres, barbecue areas and playgrounds;
• Villas: Spacious homes with private plots of land. Villas can range from small to luxurious, featuring multiple bedrooms and often a swimming pool. Villas in the UAE are often located in gated complexes, providing security and landscaped grounds;
• Townhouses: These are houses arranged in rows, typically with two to three floors and a shared wall with neighbouring houses. Each townhouse usually has a small private yard, perfect for relaxing or setting up a garden;
• Penthouses: Luxury apartments located on the top floors of buildings, featuring spacious terraces and panoramic views. These exclusive residences often include amenities such as Jacuzzis, private swimming pools and outdoor seating areas;
• Commercial premises: These include offices, warehouses, shops and hotels, offering investors the opportunity to develop their own business or receive a stable rental income. Such properties are often located in prestigious areas with high foot traffic;
• Land plots: These are vacant areas designated for the construction of residential or commercial buildings. They provide opportunities to realise individual projects or make profitable investments in promising areas.

Residence permit in UAE by buying property

A foreign citizen over the age of 18, in good health and with no criminal record, may buy property in UAE and get a residence permit. Their financial solvency and the legality of the income source must be documented.

To obtain a long-term resident visa for two years, with the possibility of extension, a foreigner must purchase an object in Dubai valued at AED 750,000 (USD 204,000). If you buy a home in the UAE for 2 million AED (USD 544,500), you can secure a residence permit for five years.

The long-term visa can be extended to the applicant's close relatives, such as their spouse and children. It grants the following rights:

• Long-term stay in the country;
• The ability to conduct business;
• Opening a bank account;
• Access to favourable taxation;
• Obtaining a driving licence;
• Treatment in clinics and medical centres;
• Education for children in schools and universities.

To extend the residence permit, the foreigner must retain ownership of the acquired property. However, renting out the property is allowed

Investment real estate in UAE

Properties in the UAE for investment are among the most attractive investment options due to the country’s stable economy and high rates of return. Millions of tourists visit the UAE every year, creating a consistent demand for accommodation. Renting villas and apartments in the UAE is in high demand and generates passive income. In Q1 2024, the average rental yield was 5.16%, with popular areas offering much higher returns, potentially reaching up to 10% per year.

Property prices in the UAE have shown steady growth over the past few years, offering investors the opportunity not only to earn regular rental income but also to benefit from significant capital appreciation in the future. In Q1 2024 alone, Dubai recorded an average price growth of 6.12%.

One of the attractive aspects of residential investment is the absence of taxes on the acquisition, ownership and sale of properties. This significantly reduces costs and enhances net returns.

The most popular locations among foreigners are Dubai, Abu Dhabi, Sharjah and Ras Al Khaimah. In terms of property type, apartments in mixed-use complexes and villas in elite neighbourhoods are the most sought-after. These properties attract long-term tenants and tourists, making them ideal for generating a sustainable income.

Neighbourhood infrastructure and transport accessibility are crucial factors. Apartments and villas located near key transport arteries, clinics, schools and shopping centres tend to have higher investment potential. The presence of nearby parks, sports facilities and recreational areas also makes housing more attractive to tenants.