Hello !!!! if I buy a property as an investor (I don't live in Dubai, I live in Europe) how do I connect electricity and water (dewa) and a/c (empower), if I don't have an Emirates ID, and I'm not a resident?
Hi I met you on instagram real estate. I commented on your post. greek olives and philadelphia cheese remember? you have a picture of cheese having breakfast. I'm mr lego too.
Hi, if you are looking for an interior fitout contractor for your retail business/home, do check out Lloyd design fitouts LLC., we guarantee premium, yet cost effective service and products.
When i tried several bank mortgage calculators i got an impression that the minimum downpayment is 20% pf the property value. Which should mean that i should be able to get a mortgage of 80% value of the property. However u said its up to 50% could you please give any comments on that?
Sure, let me explain to you this. There is a difference in how much a person can get from the bank based on his residency. If you are a non-resident, you can get only 50% LTV (loan to value). For residents it`s 75%, in some rare cases, it can be 80%.
Here is some fresh news about this topic: www.thenational.ae/business/banking/uae-central-bank-removes-20-cap-on-real-estate-loans-banking-federation-chief-says-1.790542
For investment you need to look into those areas which are under development such as Meydan, Dubai South and many others. Why because buying prices will be lower than other areas and in future you can gain capital appreciation. Simultaneously your rental income % will be better than the other areas.
Pls Mr Denis, for a foreign like me that will like to come to Dubai on freelance visa to become real Estate Agent, can you assist in given appropriate training?
Its better to buy now rather because the market is already getting better, by end of the year the prices will be high you can reach us for more information #Justlistedproperties
So owner is still not bound to be in uae and can move freely while paying installments from out of the UAE on same term conditions like it was before with residence status?
I don't see any reason why anybody should consider the leasehold as an investment. It was created in order to restrict purchases from foreigners in specific areas. Freehold is a way better option and all the most attractive areas in Dubai are there: Dubai Marina, Palm, Downtown, JLT, JVC and ect.
What if i bought an apartment to live in it and after many years when the government decided to break the building because i heart they do that to apartment buildings after many years what will happen to the money I've spent on my apartment will i be able to buy another apartment.
Hi, Thanks for the video. You said that banks only give %50 loan, does it depend on the applicant? for example if I move to Dubai and work as an engineer for at least 3-4 years, will I be able to get more than %50? If so, how much can I get? And I have another question. what is the monthly rent for that 300.000$ apartment you mentioned? Thanks in advance :)
Yes, Alauddin, as far as you invest 1m and above you can get a visa. Soon it will be a visa for 10 years! Here is the video that can provide you more information about this topic! ruclips.net/video/bvm7dF0CUcs/видео.html Please don`t hesitate to ask questions here!
@@meditativelife1847 You definitely will not be able to get a visa for your sister, but you can sponsor your father as far as I know. It's better for you to open a company to get a visa. Here is a video that might help you - ruclips.net/video/piLv3TK5iYc/видео.html
For investment always look for small units and break your investment into multiple projects. In my opinion for Arabian Ranches/Townhouses there is no CA and rental income always lower than 5%. If you are lucky may be you can find someone who is ready to sell his property in lower than market price.
On 2008, I paid 68,000 AED to R-Holding company to purchase one unit in Ajman, Emirates City. They asked me to pay this amount to be able to enter to the contract. The contract was supposed to be sent to me one month later... But they never sent me the contract. The project has been cancelled and to this day, they have not refunded my money. Ajman government done nothing till this day. Why? The founder and chairman of R- Holding is Sheikh Rashid bin Humaid Al Nuaimi ,THE SON OF AJMAN RULER.
I'm sorry that you faced this issue. Unfortunately each Emirate has its own rules and regulations and I don't know anything about Ajman. The luck of good regulations is the main reason why I don't recommend to consider any Emirate besides Dubai.
Hey I reserve an apartment in emaar after that I didn't go with installments so my apartment was allotted to some1 else I want to know can I get my reservation fee which was 20k.aed thanks
Most probably you will not be able to get a refund as it was a booking deposit and it is a commitment. But you can try to use this amount as a payment towards another property
Let me start from the basics of Mortgage offers for non residents... Mortgage for non-residents: Banks will be able to provide 50% of the value of the property. They give it only for a *ready property*. Interest is around 4,5-5%. Period 20 years. Reguired documents: - Bank statement for 6 months. - Proof of residency. - Passport copy. You will need to be here in order to apply for a mortgage and you will need to open a bank account. What does it mean to foreign investor: He can buy a property with a payment plan of 50/50%. Pay 50% during construction and get a loan for another 50% (for 20 years).
There is always a good time, but it depends on your purpose of buying. Since nowadays market is full of inventory so you have a lot options to buy good quality project in a very comfortable payment plans.
Hello !!!! if I buy a property as an investor (I don't live in Dubai, I live in Europe) how do I connect electricity and water (dewa) and a/c (empower), if I don't have an Emirates ID, and I'm not a resident?
Hi I met you on instagram real estate. I commented on your post. greek olives and philadelphia cheese remember? you have a picture of cheese having breakfast. I'm mr lego too.
Hey, happy to see you here and thank you for being so active with comments!
@@DubaiRealty whats your linkedin?
@@omarbaaghil www.linkedin.com/in/denis-scvortov-84807742/
Great , professional video !!!
Have you seen the Akoya
Oxygen rain forest yet ?
Thank you
Thank you for your feedback.
No, I haven't seen it yet, I'm not a big fan of Akoya Oxygen.
Hello,
I have the plan to buy a property in Dubai I order to set up a retail business there.
Do you have any tips ?
Hi, if you are looking for an interior fitout contractor for your retail business/home, do check out Lloyd design fitouts LLC., we guarantee premium, yet cost effective service and products.
When i tried several bank mortgage calculators i got an impression that the minimum downpayment is 20% pf the property value. Which should mean that i should be able to get a mortgage of 80% value of the property. However u said its up to 50% could you please give any comments on that?
Sure, let me explain to you this.
There is a difference in how much a person can get from the bank based on his residency.
If you are a non-resident, you can get only 50% LTV (loan to value).
For residents it`s 75%, in some rare cases, it can be 80%.
Dubai Realty thank you responding and clarifying!)
Here is some fresh news about this topic: www.thenational.ae/business/banking/uae-central-bank-removes-20-cap-on-real-estate-loans-banking-federation-chief-says-1.790542
@@the_energycamp I can assist you +971555902523.
What advises would you have for me if i was to move to Dubai to become a real estate agent? Great video! Thanks!
Get in touch with my assistant.
I've made a video about it. She will explain how you can get it...
Wa.me/971564994892
What is the best time to sell off a off plan property in dubai to get good cash on cash return.
The best time is when mortgage buyers can step in so, it`s closer to the completion date.
Hi, Great Video and good information. I just subscribed. What are the best areas for buying investment properties to get good rental income?
Sreenivas Voore now meydan the future dubai
Please contact me by WhatsApp.
It's better to discuss this topic there:
+971529933731
wa.me/971529933731
For investment you need to look into those areas which are under development such as Meydan, Dubai South and many others. Why because buying prices will be lower than other areas and in future you can gain capital appreciation. Simultaneously your rental income % will be better than the other areas.
Hey,MR, I would like to ask you to is it good time to buy a studio in Marina or JLT now ?.thanks !
What is processing for mortgage for one bedroom in free hold,how much advance
25% downpayment.
4% registration fee.
Отличное видео, интересная подача , удачи тебе👏👏👏
Thank you!
Pls Mr Denis, for a foreign like me that will like to come to Dubai on freelance visa to become real Estate Agent, can you assist in given appropriate training?
HI THERE,WHAT ABOUT THE ZERO DOWN PAYMENT APARTMENT TO BUY AND RENTING IT? IS IT POSSIBLE?
There is no such thing, it's just a marketing technique to catch attraction of clients.
If someone were to purchase a property for $150,000, what visa they will be given?
To qualify for investors visa you need to invest around USD 270k.
Otherwise, you can open a company or get a work visa.
Do you need a visa if you are buying a hotel room?
@@nanaakuaadjeisakyi9440 No, for investing in Real Estate market of Dubai you don't require a visa or to be a residence of Dubai.
How much do you charge to manage a property ? What does the manage service include ?
Depends what services do you need?
Hello what do you think about investments in Dubai in next 3-4 months? Or it’s better to wait end of the year?
Its better to buy now rather because the market is already getting better, by end of the year the prices will be high
you can reach us for more information #Justlistedproperties
Very informative!! What if i take a loan from a bank to buy my properties??
Yes, It can be possible but it depends on your profile. For more information you can approach me at +971555902523.
Hi, if any residence buy a property on mortgage and later residency ends, then what happen to mortgage ?
The client will still have to pay it according to the contract with bank
So owner is still not bound to be in uae and can move freely while paying installments from out of the UAE on same term conditions like it was before with residence status?
@@billubillu5203 yes
can i learn about other expenses except %4 and if i wanna get residence visa ( 1 m dirham apart) , how is the process and coast ? thanks
To buy property worth 1 million these are charges break down.
Property Value - 1000.000 AED
DLD Fee - 4% (40.000 AED)
Other's
Trustee Fee - 2500-4000 AED
Agency Fee - 2% (20.000 AED)
IF Developer Properties - 5250 AED
For more information, please contact me +971555902523
Is it much cheaper to buy lease hold property?.
Not really and an inventory is very limited as main developers build only in freehold.
Dubai Realty so what is the main reason for one to buy it?.
I don't see any reason why anybody should consider the leasehold as an investment.
It was created in order to restrict purchases from foreigners in specific areas.
Freehold is a way better option and all the most attractive areas in Dubai are there: Dubai Marina, Palm, Downtown, JLT, JVC and ect.
@@the_energycamp It depends on your purpose of purchase. If you need more details you can approach me at +971555902523.
What if i bought an apartment to live in it and after many years when the government decided to break the building because i heart they do that to apartment buildings after many years what will happen to the money I've spent on my apartment will i be able to buy another apartment.
It never happened in Dubai
Hi, Thanks for the video.
You said that banks only give %50 loan, does it depend on the applicant? for example if I move to Dubai and work as an engineer for at least 3-4 years, will I be able to get more than %50? If so, how much can I get?
And I have another question. what is the monthly rent for that 300.000$ apartment you mentioned? Thanks in advance :)
If you are a resident you can get upto 80% loan on the property
What you think about business bay area for 1st time investors??
It's a good area, but right now I think it's better to wait for a few months to see how the situation with the global lockdown unfolds...
Hey I just want to know can i get 2 bhk flat in jlt in 1 million AED ready possession I should get resident visa
Yes, Alauddin, as far as you invest 1m and above you can get a visa. Soon it will be a visa for 10 years!
Here is the video that can provide you more information about this topic!
ruclips.net/video/bvm7dF0CUcs/видео.html
Please don`t hesitate to ask questions here!
@@DubaiRealty if I purchase 1 million dhirams property will my father and sister also get residence permit
@@meditativelife1847 You definitely will not be able to get a visa for your sister, but you can sponsor your father as far as I know.
It's better for you to open a company to get a visa.
Here is a video that might help you - ruclips.net/video/piLv3TK5iYc/видео.html
@@DubaiRealty Investor who will buy 1M worth of property can sponsor his/her family (Husband, Children and Parents only).
@@azeemakhtar4004 Thank you Azim
if im a foreigner investor just starting to invest in dubai, what is ur best advice for me ?
Wait for a month or two
Please visit this ruclips.net/channel/UCFhXfebu986WzysR7OsQsog
Will it be able for me to buy an apartment in Dubai and then renting it out as a foreigner?
Yes, sure.
It a standard procedure here.
Is it good investment to buy villa or townhouse in Arabian ranches
For investment always look for small units and break your investment into multiple projects. In my opinion for Arabian Ranches/Townhouses there is no CA and rental income always lower than 5%. If you are lucky may be you can find someone who is ready to sell his property in lower than market price.
On 2008, I paid 68,000 AED to R-Holding company to purchase one unit in Ajman, Emirates City. They asked me to pay this amount to be able to enter to the contract. The contract was supposed to be sent to me one month later... But they never sent me the contract. The project has been cancelled and to this day, they have not refunded my money. Ajman government done nothing till this day. Why?
The founder and chairman of R- Holding is Sheikh Rashid bin Humaid Al Nuaimi ,THE SON OF AJMAN RULER.
I'm sorry that you faced this issue.
Unfortunately each Emirate has its own rules and regulations and I don't know anything about Ajman. The luck of good regulations is the main reason why I don't recommend to consider any Emirate besides Dubai.
Do you have original payment receipts? Contact me at +971555902523.
Hey I reserve an apartment in emaar after that I didn't go with installments so my apartment was allotted to some1 else I want to know can I get my reservation fee which was 20k.aed thanks
Most probably you will not be able to get a refund as it was a booking deposit and it is a commitment.
But you can try to use this amount as a payment towards another property
Hai i want to lease a flat for one year..and rent that house to others...is it legal ??
If yes....then how many house i can lease in my name ??
Yes, you can do it. It's called subleasing.
You can rent as many units as you want.
@@DubaiRealty thanks for your valuable reply.... please share the article number
@@josephbastin6373 I'm to which article do you refer to?
@@DubaiRealty is there any article number to read the laws
@@josephbastin6373 here is a good summery - blog.dubizzle.com/knowyourrights/guideline/landlord-tenancy-guidelines-in-dubai/
Can i get a mortgage in dubai although im living in the uk?
Let me start from the basics of Mortgage offers for non residents...
Mortgage for non-residents:
Banks will be able to provide 50% of the value of the property. They give it only for a *ready property*. Interest is around 4,5-5%. Period 20 years.
Reguired documents:
- Bank statement for 6 months.
- Proof of residency.
- Passport copy.
You will need to be here in order to apply for a mortgage and you will need to open a bank account.
What does it mean to foreign investor:
He can buy a property with a payment plan of 50/50%. Pay 50% during construction and get a loan for another 50% (for 20 years).
👏👏👏thank you
My pleasure
Can a non resident of UAE buy property and put it on rent in UAE
Yes, of course. I think that more than 30% of owners of the property here are not based in Dubai.
Yes, It's pretty normal here.
Can I get 2 bhk flat in jlt in 1 million AED ready flat
Yes, it`s possible.
Please text me by WhatsApp, I`ll put you in touch with a good agent.
+971529933731
wa.me/971529933731
Yes, You can.
I want to buy in Marina with nice view.How much for apartment?
Depends on type of property and view (1 bedroom lowest 700K and maximum 1.3 Million).
Is now a good time to Invest?
It is!
There is always a good time, but it depends on your purpose of buying. Since nowadays market is full of inventory so you have a lot options to buy good quality project in a very comfortable payment plans.