Aardys Properties

Dubai has become one of the world’s most desirable cities to live, work, and invest in. With so many opportunities in the city, many expats want to buy apartments in Dubai and settle there permanently. If you want to move here or just want to invest in real estate, it can be overwhelming at first. To help you out, we’re here with a step-by-step guide that will tell you how to purchase property in Dubai in detail. 1. Understand the Legal Framework The first thing you should know is that expats can only buy apartments in Dubai in the “freehold” areas. These areas include some of the most popular neighborhoods like Downtown Dubai, Dubai Marina, Palm Jumeirah, and Jumeirah Village Circle. In these zones, you can outright own the property. It gives you long-term security, and you can sell, lease, or pass it on as an inheritance. If you’re planning to buy a luxury property in Dubai, areas like Palm Jumeirah, Dubai Hills Estate, and Business Bay are great choices. 2. Decide Your Budget and F...

It’s no surprise that investors and homeowners are forever interested in property purchase in Dubai. The city has one of the most exciting real estate markets in the world, and offers tax-free advantages, global lifestyle appeal, and an ever-expanding skyline. If you want to buy a home in Dubai for your family, buy a luxury property in Dubai as a long-term investment, or even have a dream to buy an apartment in Burj Khalifa, it’s important to know about the different financing options. In this blog, we will explain how you can purchase property using mortgages, loans, or other financing options. If you'd like help in making a purchasing decision, the experts at Aardys Properties could help you with your property transaction. Financing for Property Purchase in Dubai 1. Mortgage Financing in Dubai Mortgages are the most traditional method for purchasing property. Mortgages are available to UAE nationals and expatriates. However, the specifics for both parties can be different. ● Down...