the future of property advice

the future of property advice

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS

FAQ

Dubai has a range of payment plans that are very flexible and designed to benefit buyers.

You could reserve a flat for just £5,000.00. Very often you can sign the purchase agreement and exchange contracts with only 10-15% of the purchase price.

Tell us about the funds you have available, to buy your dream home, and we can leverage our official partnerships with top developers. Memorable can provide you with a payment plan best suited to your needs.
The purchase of a Dubai property provides you with full ownership and freehold title. Dubai’s properties come with absolute ownership over the home and the land that the property stands on (with no time restrictions). So, freehold property ownership is readily available and easily accessible.

Dubai Land Department (DLD) registers a buyer’s name as ‘landowner’ in the registry, granting a title deed for the property. The property can then be freely leased, sold or occupied at the will of the owner. So, the laws in Dubai are now designed to protect the rights of international property owners.
Dubai has a large expatriate population and a very strong rental market. As one of the world’s fastest-growing cities, Dubai the perfect place to invest if you consider your best options for long-term financial returns.

There is always a high demand for rental properties. It is fair to expect a rental return of 7-8% per annum. We are also seeing some figures as high as 10%. For comparison, the average rental yield in the UK is 3.6%.
In The United Arab Emirates (UAE), there is no income tax on salaries or wages.

This of course includes the major city of Dubai, which also levies income tax. That’s right, there is ZERO personal taxation on any income generated in Dubai.
There are close to 10 top property developers in Dubai that we would recommend.
Emaar, Damac, Sobha, Nakheel and Dubai Properties are among the best in Dubai and are truly world-class.

Currently, the best areas in Dubai are:

  • Downtown Dubai – home of Burj Khalifa and tourist hub

  • Dubai Marina – residential neighbourhood facing the Arabian Gulf

  • Meydan – exciting area with famous racecourse

  • Jumeirah Village Triangle – abundant residential neighbourhood with villas and townhouses

  • Jumeirah Village Circle – peaceful residential community at the heart of Dubai