The main running cost is usually the service charge paid to the developer for the upkeep of the building and common areas such as the garden, pool, gym and concierge reception, as well as services like security, cleaning, maintenance and repairs. Utilities are billed by usage and work out comparable to, and often cheaper than, in Poland.

Yes, it is very important to stick with reputable, proven developers. This helps you avoid disappointment over the quality and the outcome of the investment.

For rental returns, long term lets bring around 7 to 8 percent, and short term lets up to 15 percent a year. On top of that you can expect attractive capital growth. In popular districts this can be as much as 20 percent a year.

Yes, we help with letting, both short term and long term.

For an attractive and well managed apartment, 7 to 15 percent a year or more.

This is not only a personal choice, it also depends on the character and strengths of the apartment. An apartment in a popular tourist district can bring above average income from short term letting.

Short term letting also lets you block out dates when you want to stay in the apartment yourself. Long term letting, often paid a year in advance, suits investors looking for stable passive income.

The Dubai property market is one of the safest investment markets in the world. This comes from transparent regulations and government action aimed at protecting investors. Transaction security is overseen by the Dubai Land Department, which also settles disputes as a first instance authority.

By law, payments to developers should go to an escrow account. Even so, it is advisable to work with an expert who knows how to avoid the most common mistakes and unnecessary risks.

They include:

– no income tax on rental income or on the sale of property
– high return rates
– the option of a Golden Visa for the investor and their family
– political stability
– a central location
– developed infrastructure and world class airlines
– a luxury lifestyle
– a warm climate

Yes, foreign nationals can buy property in Dubai in designated residential areas with no restrictions.

No. On the primary market you can buy a property by signing the contract electronically or via courier. On the secondary market you can give a third party a notarised power of attorney to complete the transaction. So in both cases your presence is not required.

Every purchase includes a DLD (Dubai Land Department) fee of 4 percent of the apartment price. On top of that there are small administrative fees, including the title deed fee, totalling around AED 4,000.

Off-plan properties are ones still under construction. They are a good option for investors looking for significant capital appreciation as construction progresses.

Developers often also offer flexible payment plans, so there is no need to commit all your capital at once. This is currently a very popular way to invest in property in Dubai.

Ready properties, usually from the secondary market, let you move in or rent out immediately. They are mainly suited to people looking for a home for themselves that is ready to use.
The choice depends on the nature of the planned investment. We are happy to advise on this.

The main document required to buy a property in Dubai is a passport. Sometimes copies of other supporting identity documents may also be required, such as a national ID card or driving licence.

Yes, local banks provide mortgage financing. You do not need to be a citizen or even a resident of the UAE to obtain financing of up to 60 percent of the apartment value. We are happy to give you detailed information.

Yes, a purchase that meets certain requirements qualifies you for a residence visa. The current investment thresholds are AED 750,000 for a 2 year investor visa and AED 2 million for the Golden Visa, issued for 10 years. Both visas are renewable.

The Golden Visa gives you the right to permanent residence in the UAE for 10 years, with the option to extend. It is the most prestigious form of residency, granted to people who have made a contribution to society, such as leading doctors and scientists, as well as to property investors.

The Golden Visa offers the holder and their close family more significant privileges than other visa types. To obtain it, a property investment of AED 2 million or more is enough.

After buying a property and obtaining residency, you can open a bank account quickly and easily by completing an application.