May 15, 2024
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Sell
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Rent
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What is the law for non-residents buying property in the UAE?
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There is no law prohibiting non-residents from buying property in the UAE. |
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What is the typical transaction costs for a freehold property in Dubai?
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The cost will vary depending on the purchaser?s choice of retaining a solicitor for advise, applying for mortgage or seeking a bank home loan to finance the property. Several financial institutions are operating in the UAE in the home loan finance arena. |
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Can non-residents get finance in the UAE?
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There are a number of financial institutions that are willing to loan funds secured against purchased property. |
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Is there Capital Gains Tax in UAE?
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There is no Capital Gains Taz currenty in UAE. |
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What is the best time to buy property in Dubai?
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If you are thinking of buying property, buy now as prices are going up and increasing by the day and the property market in Dubai continues to grow. |
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Are there any sales restrictions in Dubai?
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There are no sales restrictions in Dubai so long as both parties are competent to undertake the sale activity
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What are the rental restrictions in Dubai?
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Other than market forces, there are no rental restrictions. However, long term leasers should be legal residents of UAE. |
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Is protection such as life insurance required for loans in UAE?
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Such requirement depends on negotiations between the purchaser and the lending financial institution |
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