Apartment for sale in Dubai - Condominiums & Apartments
Buying an apartment in Dubai: your dream home in the metropolis
Dubai, the glittering metropolis of the United Arab Emirates, has become one of the most sought-after places for real estate investment. Many prospective buyers are looking for opportunities to buy an apartment or condo in Dubai, be it in the chic Dubai Marina or in the impressive surroundings of the Burj Khalifa. As a leading real estate agent in Dubai, we offer a wide selection of prime and exclusive apartments for sale in Dubai.
Why you should buy an apartment in Dubai
Canaletto Sky - Real estate agent for exclusive apartments in Dubai
As an experienced real estate agent in Dubai, we have built a reputation for transparency, honesty and reliability. With our expertise, we support you from the initial consultation through to financing and completion of the purchase. Whether you want to use your property yourself or purchase it as an investment, you can count on a reliable partnership with us.
Dubai is known for its impressive skyline and luxurious lifestyle. Buying an apartment in Dubai offers many advantages, both for investors and for those who want to live here permanently.
Firstly, economic stability is an important factor when buying an apartment in Dubai. Thanks to the strong economy and stable political situation, the real estate market in Dubai is extremely attractive and reliable. Investors benefit from promising prospects for value appreciation and returns.
Secondly, buying a home in Dubai offers tax exemption on rental income, capital gains and personal income. This is a particularly attractive aspect for investors who want to reduce their tax burden while benefiting from a sound investment.
Thirdly, the location and infrastructure are an important reason for buying an apartment in Dubai. The city’s geographical location makes it an important hub for business travelers and tourists. The first-class infrastructure, public transportation and the international airport make Dubai an extremely attractive place to live and work.
In addition, apartment purchases in Dubai are often more affordable than in other global cities. As mentioned in an expert report, buying an apartment in Dubai is usually more affordable than buying a villa and often offers luxurious amenities.
Another advantage of buying an apartment in Dubai is the diverse selection of properties. Whether you prefer a condominium on a man-made island like Palm Jumeirah or an apartment near the Burj Khalifa, Dubai has something for everyone.
After all, the high quality of life is a decisive factor for buying a home in Dubai. The city offers a safe, clean and family-friendly environment with first-class shopping, restaurants and cultural attractions. This makes buying an apartment in Dubai not only a financially smart decision, but also provides a pleasant living environment.
Overall, the reasons for buying a home in Dubai are many and varied, ranging from financial benefits to quality of life and an extensive selection of luxury properties. Careful consideration of your personal needs and a thorough knowledge of the property.
Basics when buying an apartment in Dubai
When buying a property in Dubai, it is important to know and understand the legalities. There are several steps you need to follow to make the real estate purchase go smoothly.
Registered brokers: It is mandatory to work with a registered broker who is registeredwith the Dubai Land Department. This ensures that he complies with the guidelines and regulations of the Emirate.
Selecting the property: When selecting a home, it is also important to pay attention to the location and condition of the property. Consider the purpose of the purchase, whether it is for your own use, rental or as an investment, and check the surrounding area and the infrastructure of the property.
Property types: There are two main types of real estate ownership in Dubai. Freehold gives the owner unrestricted and perpetual ownership of the property, while Leasehold means that the buyer is given the right to use and own the property for a specified period of time (usually 99 years).
Additional costs: When buying an apartment in Dubai, there are additional costs on top of the purchase price, such as:
- Brokerage fees (usually 2% of the purchase price)
- Dubai Land Department fees (usually 4% of the purchase price)
- Registration fees and administration fees
- Land transfer tax and notary fees It is important to take all costs into account in advance to avoid unexpected surprises.
Overall, buying a home in Dubai is a process that requires thorough research and knowledge of the legalities. By engaging registered agents, carefully checking the location and condition of the property and budgeting for any additional costs, you can make an informed decision and ensure your property purchase goes smoothly.
Buy condos in Dubai: The best locations
- Dubai Marina: Those looking to buy an apartment in Dubai Marina will be enchanted by its impressive skyline, which stretches majestically along picturesque waterways. For those looking to buy an apartment in Dubai Marina, there is not only a prime location with access to marinas and luxury boutiques, but also a selection of ultra-modern luxury apartments that promise the highest standards of living.
- The Palm: A world-famous architectural marvel, the man-made island of The Palm Jumeirah epitomizes Dubai’s ambition and innovation. Buying a property in Dubai The Palm means living in the heart of this masterpiece, surrounded by world-class resorts, fine dining and stunning beaches. It is truly synonymous with luxury living by the sea.
- Burj Khalifa: The Burj Khalifa, the tallest building in the world, is an unmistakable feature of the Dubai skyline. Buying an apartment at the Burj Khalifa in Dubai is not only an impressive status symbol, but also a promise of living at a level that is hard to beat in terms of elegance and exclusivity. With breathtaking panoramic views over Dubai Downtown, it offers an unforgettable living experience.
- EMAAR: As a pioneer and one of the leading real estate developers in Dubai, EMAAR has set the standard in the real estate industry. With a range of outstanding projects, from the vibrant Dubai Marina to the impressive Burj Khalifa, EMAAR offers potential buyers a variety of high-end apartments that impress with their design, location and quality. Those looking for exquisite living opportunities can buy apartments in Dubai from EMAAR.
What you should consider when buying an apartment in Dubai
Before you decide to buy an apartment in Dubai, you should consider some important aspects. These include not only the location of the apartment, the amount of annual service charges and the quality of construction, but also the aspects:
- Residential entitlement: We advise you on the “freehold” zones in Dubai, where immigrants are also allowed to purchase real estate.
- Real estate advice: Take advantage of our expertise as experienced real estate agents in Dubai to find the right property and make the buying process a smooth one.
- Market analysis: We analyze in depth the residential market in Dubai, the current price developments and the expected developments in Dubai.
- Financing advice: Let us advise you on the best financing options for your property in Dubai
- Cost transparency: We inform you of all costs incurred, from brokerage fees to registration fees, so that you do not incur any hidden fees.
- Legal support: In order to guarantee you a smooth and legally flawless purchase process, we offer you legal advice on buying real estate in Dubai.
- Contract review: We help you understand all aspects of the purchase agreement and ensure that payment plans and terms are in your favor.
- Resale optimization: Our experts will advise you on the future resale value of your property and give you tips on how to increase its value.
- Lifestyle advice: We inform you about all the amenities and services that the property and its surroundings have to offer so that your new home fits your lifestyle perfectly.
From a condominium in Dubai to buying a house
In addition to the desire to buy an apartment in Dubai, some prospective buyers are also drawn to the luxury sector of villas and houses. Buying a villa in Dubai is synonymous with a life of opulence and exclusivity. Particularly in areas such as Palm Jumeirah, Emirates Hills or Arabian Ranches, you will find impressive villas with views of the Dubai skyline, the golf course or the endless sea. Those who are more interested in buying a house in Dubai can find a suitable home in various communities that offer both luxury and comfort.
Financing and costs
Financing options
When buying an apartment in Dubai, there are various financing options. Buyers can either take out a mortgage with a bank or financial institution or finance directly with the developer. The amount of financing depends on various factors, such as the age and occupation of the buyer.
It is important that buyers compare different mortgage offers and find out about interest rates and other fees. Personal financial risk should also be taken into account when choosing the right financing solution.
Ancillary costs and fees
An important aspect of buying real estate in Dubai is the additional costs and fees that are incurred on top of the purchase price. These include, for example:
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Brokerage fees: As a rule, the estate agent’s fee is around 2% of the purchase price.
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Land registry fees: Registering the property in the land register costs around 4% of the purchase price.
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Oqood fee (for off-plan properties only): This is a fee payable on the purchase of off-plan properties and is approximately 4% of the purchase price.
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DEWA fee: When considering the fees for buying an apartment in Dubai, it is important to consider the DEWA fee. This fee covers registration with the relevant authorities for water and electricity.
It is advisable to find out exactly what the various fees are before making a purchase in order to avoid unexpected expenses.
Important considerations before buying
Location and infrastructure
When looking for an apartment in Dubai, you should first consider the location and infrastructure. Not all neighborhoods are created equal or offer the same amenities. Some factors you should consider are:
- Transportation options – transport links, public transport and accessibility
- Quality of life – local amenities, safety, access to schools, hospitals and cultural offerings
- Neighborhood – quality of surrounding properties, environmental impact and views
A good location is crucial to maintaining or increasing the value of your investment1 in the long term.
Long-term increase in value
Buying an apartment in Dubai is a significant investment and you should keep the long-term appreciation in mind. To make a worthwhile investment, you should consider factors such as:
- Development trends for the selected area
- Future infrastructure or development projects
- Regional economic strength and stability
- Market situation, e.g. supply and demand for apartments in similar locations and price ranges
A comprehensive guide to buying an apartment in Dubai will help you better understand the legal steps and different forms of ownership. In addition, it is advisable to consult the local expertise of real estate agents or professionals when assessing the long-term development potential of a property2.
FAQ: Buying apartments & condos in Dubai
How can I buy an apartment in Dubai?
If you want to buy an apartment in Dubai, you should plan this thoroughly and be well versed in the real estate sector. As experienced real estate agents in Dubai, we will guide and support you throughout the entire buying process. With our help as a reliable real estate agent, buying an apartment in Dubai will go smoothly and quickly.
What should I bear in mind when buying an apartment in Dubai?
When buying an apartment in Dubai, you should keep various aspects in mind. It is particularly relevant to rely on renowned developers and first-class construction work to ensure that your capital is safely invested. The location of the property plays a key role in increasing its value and your living comfort. As a German real estate agent in Dubai, we analyze the real estate market for you in order to find the right property for you.
It is also beneficial to have an experienced real estate agent at your side to guide you through the buying process and provide sound advice. Gather plenty of information and make a well-considered choice to make your real estate purchase in Dubai a success.
What financing options do I have as an Austrian, German or Swiss citizen for an apartment in Dubai?
If you are from Austria, Germany or Switzerland, there are two main ways to finance a property in Dubai. Firstly, you can turn to a bank in your country of origin, whereby a property in this region often serves as collateral. Alternatively, you can also consider financing directly in Dubai. However, you should bear in mind that this is subject to certain conditions and is influenced by various aspects, such as your residency status and credit rating. We will be happy to help you understand the various financing alternatives and help you find the most suitable option for your real estate purchase in Dubai.
Can I buy and own an apartment there even though I don't live in Dubai?
Yes, there are numerous areas in Dubai that are referred to as “freehold areas”. In these zones, international investors can also buy real estate as well as the associated land in full (100%).
How much does an apartment in Dubai cost?
The cost of housing in Dubai varies considerably. They are influenced by various criteria, such as proximity to important places or attractions, the square meters, the year of construction and the special features of the property. These include more than just standard features such as a bathroom, a bedroom or a parking space. Exquisite residences in Dubai often have a wide range of community, entertainment and shopping options in close proximity. Amenities may include gym access, an in-house laundry service, a lounge, a club room, barbecue areas, a sun terrace, outdoor yoga corners, playgrounds and even a private cinema. Generally speaking, apartments can be purchased from around 140,000 euros. However, high-quality properties in top locations can also cost several million.
How long does it usually take to complete a home purchase in Dubai?
Buying a property in Dubai usually takes between 3 days to 3 weeks and depends on the property.
What types of apartments can you buy in Dubai?
Buying a home in Dubai offers a wide range of apartments. It ranges from exclusive apartments to luxurious penthouse apartments. Also popular are spacious multi-bedroom apartments and first-class villas, which are particularly sought after by families and people with higher budgets.
What documents are required if you want to buy apartments in Dubai?
If you are interested in buying an apartment in Dubai, you will need a copy of your valid passport, which must be of very good quality. Especially if you want to use a property yourself or see it as an investment, a valid visa is essential. With our services for investors, legal advice and much more, buying your condo in Dubai is child’s play.