<br><h2 class=""><b>Dubai Real Estate: A Simple Guide for NRIs Investing in the Property Market</b></h2><p class="">Numerous NRIs choose the<a href="https://inchbrick.com/dubai-property-market" target="_blank"> </a><b><a href="https://inchbrick.com/dubai-property-market" target="_blank"><u>Dubai Real Estate Market</u></a></b><a href="https://inchbrick.com/dubai-property-market" target="_blank"> </a>for investment because of its <u><b><a href="https://inchbrick.com/blogs/100-tax-free-income-in-dubai" target="_blank">Tax-Free Environment</a></b> </u>&amp; higher Returns. Prime Investment Area Includes JLT &amp;<b><i style=""><a href="https://inchbrick.com/properties/parkland-at-dubai-hills-estate-by-emaar" target="_blank" style=""> <u>Dubai&nbsp;Hills&nbsp;Estate</u></a></i></b></p><p class=""><img src="https://cdn.inchbrick.com/upload-editor-file/1723793858983_9b8873ab-5895-4092-9553-b0073d18d857.jpg" alt="Dubai Real Estate Market inchrbrick realty"><b style="color: rgb(86, 106, 127); font-size: 1.625rem; text-align: var(--bs-body-text-align);"><br></b></p><p class=""><b style="color: rgb(86, 106, 127); font-size: 1.625rem; text-align: var(--bs-body-text-align);">Why are NRIs investing in Dubai's Real Estate Market, and what should they know before they do? Experts share their advice.</b><br></p><div>NRIs are increasingly interested in Dubai's real estate market, attracted by the benefits of tax-free returns and the possibility of earning up to 10 percent on their investments, according to experts.
</div><div>With no restrictions on buying property and the option of long-term visas, the UAE is a popular destination for NRIs looking to invest in real estate.
</div><div>The main appeal of investing in the<b> <a href="https://inchbrick.com/dubai-property-market" target="_blank">Dubai property market</a></b> is that there’s no income tax and no capital gains tax when you sell. Investors can earn up to 10 percent returns.</div><div><br></div><div>
</div><h3 class=""><b>Jumeirah Lake Towers is Popular Among NRIs</b></h3><ul><li>However, NRIs should be familiar with important government bodies like the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) before investing, advised Karan Bajaj, Client Manager at Betterhomes.
</li><li>In the off-plan market (where properties are still under construction), it's important to check if there’s an escrow account before making a booking, make sure to have a Sale Purchase Agreement (SPA), and understand the potential for delays in delivery. Also, know when you can resell the property (exit clause) and eventually get the pre-title deed (Oqood). In the secondary market (where properties are resold by owners), you need to know how the resale process works, including being present for the transfer at the DLD trustee office unless you have a Power of Attorney (POA).
</li><li>Bajaj also noted that NRIs are drawn to popular developing areas like Dubai Hills Estate, Dubai Creek Harbour, Business Bay, and Meydan. These areas are well-connected and offer good potential for future development.
</li><li>These areas have a good balance—they are developed enough with good connectivity and infrastructure, but not so developed that prices are too high. This allows investors to see good capital appreciation and earn solid returns over time.</li><li>They often choose well-known developers with a good track record to avoid delays in projects. This also makes it easier to sell the property at a good profit, whether during construction or after it’s completed," Bajaj added.
</li><li><b><a href="https://inchbrick.com/" target="_blank"><u>Inch &amp; Brick Realty</u></a> </b>also mentioned that <b><u><i><a href="https://inchbrick.com/location-in-dubai/jumeirah-lake-towers" target="_blank">Jumeirah Lake Towers </a></i></u></b>(JLT) is a favorite among NRIs because it’s family-friendly, has many restaurants, is well-located near<a href="https://inchbrick.com/location-in-dubai/sheikh-zayed-road" target="_blank"> </a><b><u><a href="https://inchbrick.com/location-in-dubai/sheikh-zayed-road" target="_blank">Sheikh Zayed Road</a></u> </b>(SZR), and is a DMCC free zone where many NRIs have businesses.</li></ul><div>
</div><h3 class=""><b>No Limits on Buying Property in Dubai</b></h3><ul><li>There are no limits on property purchases by NRIs in the UAE, and those who invest over AED 2 million can get a <b><i><u><a href="https://inchbrick.com/blogs/golden-visa" target="_blank">Golden Visa</a></u></i></b>.
</li><li>However, he mentioned that the mortgage rules for NRIs who are UAE residents are the same as for others, with 80 percent Loan-to-Value (LTV) for the first purchase and 60 percent LTV for additional purchases.
</li><li>Karan Bajaj from <b><u><a href="https://www.bhomes.com/en" target="_blank">Betterhomes</a></u></b> added that <b><u><i><a href="https://inchbrick.com" target="_blank">real estate investors</a></i></u></b>, both local and foreign, benefit from favorable laws in the UAE.
</li><li>But NRIs thinking about buying off-plan properties in Dubai should also consider the recent changes to Tax Collected at Source (TCS) regulations in India. These new rules affect money sent abroad under the Liberalised Remittance Scheme (LRS).</li><li>These regulations impose a 20 percent tax on amounts over INR 7,00,000 (about AED 30,625). This is important when planning investments, as buyers need to consider their total annual payments according to their payment plans with developers, he explained. Since the UAE Dirham is tied to the US Dollar, NRIs can keep an eye on currency changes by comparing the Indian Rupee with the US Dollar.
</li><li>Additionally, NRI investors should be aware of the fees when <u><b><a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">buying property in Dubai</a></b><a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">.</a></u><a href="https://inchbrick.com/buy-property-in-dubai" target="_blank"> </a>This includes a four percent fee from the Dubai Land Department and other costs related to the resale market (if buying from a landlord as a resale unit), such as a two percent buyer’s commission, conveyance fee, trustee fee, and more, Bajaj added.</li></ul><div><br></div><div><br></div><div><img src="https://cdn.inchbrick.com/upload-editor-file/1723794083552_de378c7a-a174-482c-86e6-420e36782773.png" alt="Dubai Real Estate Market - Inchbrick Realty"><br></div><div><br></div><div>
</div><h3 class=""><b>Experts Recommend NRIs Work with Dubai Real Estate Specialists</b></h3><div>For NRIs looking to invest in UAE property, it’s smart to consider projects in areas with high demand for both short-term and long-term rentals when buying off-plan properties, according to Rennie Sanger.
</div><div>“This approach gives investors a versatile property with high returns and good appreciation when it’s handed over,” he said. Sanger also stressed that with so many options available, the market can be overwhelming, so it’s important to get advice from a trusted advisor.</div><div><br></div><div>
</div><div>Karan Bajaj agreed, adding that <b><u><i><a href="https://inchbrick.com" target="_blank">NRI investors</a></i></u> </b>often aren’t aware of how quickly trends change in Dubai's real estate market.
</div><div>“That’s why it’s very helpful to work with a specialist who knows the market well and can provide a full understanding of it. This includes spotting up-and-coming locations, understanding current market feelings, and finding potential investment opportunities,” he said.</div><div><br></div><div><img src="https://cdn.inchbrick.com/upload-editor-file/1723794236885_33c151dc-ab29-4394-9a55-bd88a5ecc2de.jpg" alt="Dubai Real Estate Market - Inchbrick realty"><br></div><div><br></div><h4 class=""><b>Don't Worry -&nbsp;</b></h4><div>
</div><div>Inch &amp; Brick Realty is a <b><u><a href="https://inchbrick.com/" target="_blank">Real Estate Company In Dubai</a></u></b>, dedicated to helping NRI investors navigate the city’s property market. With our deep knowledge and experience, we ensure that our clients make smart investment decisions that maximize their returns.</div><div>
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Expert Tips & Navigating Dubai Property Market for NRI Investors

<h3 class=""><b>Dubai’s Property Market Booms: Dh 10.4 Billion Weekly Transactions</b></h3><p><span style="font-size: var(--bs-body-font-size); text-align: var(--bs-body-text-align);">Dubai is one of the most active and dynamic real estate and<b> <u><i><a href="https://inchbrick.com/dubai-property-market" target="_blank">Dubai Property Market</a></i></u> </b>in the world. The emirate, which is located at the crossroads of Europe, Asia, and Africa, has developed into a major international center for trade, business, and tourism. The city is a popular destination for investors and homebuyers from across the world due to its skyline, which is lined with tall skyscrapers, luxurious hotels, and top-notch shopping centers</span><br></p><p><span style="font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">Dubai is regarded as one of the</span><b><u><i><span style="font-size: var(--bs-body-font-size); text-align: var(--bs-body-text-align);"><a href="https://inchbrick.com/location-in-dubai" target="_blank"> </a></span><span style="font-size: var(--bs-body-font-size); text-align: var(--bs-body-text-align);"><a href="https://inchbrick.com/location-in-dubai" target="_blank">top investment locations</a></span></i></u></b><span style="font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);"> in the world and is recognized for its extravagant and luxurious way of life. Its thriving real estate market has long been a significant driver of its economy, and it appears to be doing so even now, according to a recent study from the Dubai Land Department. The study claims that during the week ending May 5, Dubai recorded 3,050 real estate sales totaling Dh10.4 billion. These impressive figures not only indicate the resilience of the Dubai real estate industry but also show that investors still have confidence in the market despite the global economic uncertainties. In this blog, we will delve into the details of the report and explore what it means for the future of the</span><span style="font-size: var(--bs-body-font-size); text-align: var(--bs-body-text-align);"> Dubai real estate market.</span></p><p><span style="font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);"><br></span><br></p><p><img src="https://cdn.inchbrick.com/upload-editor-file/1687601660577-Dubai-Property-Market-6.jpg" style="font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align); width: 1117.6px;"><br></p><p><br></p><p>In recent years, Dubai's real estate market has grown, with weekly reports of a flurry of activity and high-value transactions. The Dubai Land Department (DLD) recorded an outstanding Dh10.4 billion in real estate sales for the week ending May 5, 2023, demonstrating the robust performance of the city's real estate sector. Let's examine this growth's main drivers in more detail, along with the implications for <b><u><i><a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">buyers</a></i></u></b> and <i><b style=""><u><a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">investors.</a></u></b></i><br>High-rise apartments, villas, and commercial buildings are among the luxurious real estate options available in Dubai. The city has become a desirable location for real estate investment due to its position as a major business and tourism hub and its modern infrastructure. 3,050 real estate transactions were recorded for the week ending May 5 according to the DLD data, with 189 plots selling for Dh1.19 billion and 2,239 apartments and villas selling for Dh5.11 billion.</p><p><span style="color: rgb(34, 34, 34); font-family: -apple-system, system-ui, BlinkMacSystemFont, &quot;Segoe UI&quot;, Helvetica, Arial, sans-serif, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;; font-size: 17px; white-space-collapse: preserve;"><br></span><b><br></b><img src="https://cdn.inchbrick.com/upload-editor-file/1687601703106-Dubai-Property-Market-3.jpg" style="width: 1117.6px;"></p><p>This week's activity was dominated by high-value deals, which is indicative of the city's strong real estate market. The top three transactions were all for land purchases, with Al Thanayah Fourth, Saih Shuaib 2, and Palm Deira taking the top three spots with sales worth Dh52 million, Dh40.62 million, and Dh35.36 million, respectively. These deals act as an indication of Dubai's intense demand for land, particularly in its most sought-after areas.</p><p><img src="https://cdn.inchbrick.com/upload-editor-file/1687601740604-Dubai-Property-Market-4.jpg" style="width: 1117.6px;"></p><p>With 63 sales transactions totaling Dh188.2 million, Al Hebiah Fifth recorded the most transactions for the week. Madinat Hind 4 came in second with 22 sales transactions totaling Dh29.01 million, and Jabal Ali First came in third with 16 sales transactions totaling Dh58 million. These districts are highly sought-after by buyers and investors due to their reputation for having opulent homes in appealing places.</p><p><br>The Dubai Land Department's statistics are impressive overall and show that the city's real estate sector is still booming despite the difficulties facing the world economy. Investors are still prepared to make sizable market investments since there is still a considerable demand for land, apartments, and villas, especially in the luxury class. The fact that the suburbs are still attracting attention means that there may be <b><u><i><a href="https://inchbrick.com/off-plan-properties-in-dubai" target="_blank">opportunities for investors </a></i></u></b>looking for more affordable solutions. The mortgage data also shows that investors are taking advantage of the cheap interest rates now in effect, which is anticipated to further bolster the market.</p><p>





</p><p>The large number of transactions is also a sign of rising real estate demand in Dubai. Dubai's real estate market has held up well despite the hurdles brought on by the pandemic and other global economic concerns, with robust demand and a continuous stream of transactions being reported regularly. The total value of mortgaged properties for the week was Dh3.69 billion, with land in Al Barsha South Third receiving the highest mortgage payment of Dh653 million. This shows the strong levels of confidence in the city's real estate market, as purchasers and investors are still making purchases of real estate despite the continued concerns.</p><p><br></p><p><img src="https://cdn.inchbrick.com/upload-editor-file/1687601794461-Dubai-Property-Market-7.jpg" style="width: 100%;"></p><p><br></p><p>In conclusion, Dubai's real estate market remains a highly attractive destination for buyers and investors, with a diverse range of properties and <b><a href="https://inchbrick.com/location-in-dubai" target="_blank">prime locations</a></b> on offer. The high-value transactions reported demonstrate the strength and resilience of the city's property market, and the growing demand for real estate in the emirate. With ongoing investment in infrastructure and development, Dubai's property market is set to continue its upward trajectory, providing lucrative <strong><a href="https://www.instagram.com/inchbrickrealestateinvestment/">opportunities for investors</a></strong> and buyers alike.</p><p>


</p><p><h3 class=""><b>Top 10 Keywords:</b></h3>⦁ Dubai Real Estate<br>⦁ Property for Sale in Dubai<br>⦁ Dubai Property Market<br>⦁ Mortgage<br>⦁ Apartments<br>⦁ Luxury Apartments<br>⦁ Dubai Property Prices<br>⦁ Investment<br>⦁ Dubai Property Developers</p>

Dubai Property Market

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Expert Tips & Navigating Dubai Property Market for NRI Investors

Dubai Property Market Inchbrick Realty