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A step- by- step guide to buying a property in Dubai from India

Leave a Comment / Property / By Knock Dubai

With the increase in Digitalisation, people no more need to be physically present at the place of transaction. One can easily sit at their home and do any transaction overseas. Similarly, people of India can buy real estate property in Dubai from the comfort of their homes.

Dubai offers top-class amenities and is the hub of opportunities for the future. It has world-class real estate properties and multiple options to choose from. Buying a property today in Dubai will lead to capital appreciation and offers high rental income compared to India’s property. Presenting you a step-by-step guide to buying property in Dubai from India.

Have a look at the steps below and simplify the property-buying process.

1. Find a reliable real estate broker

One needs to find a reliable real estate broker to get all the options available in the market that fits your budget and matches your requirement.

The real estate broker should be a trusted one and should present you with all the best options available in the real estate market of Dubai.

2. Choose the desired options

Go through all the options that your real estate broker presented to you and choose the option that matches your liking and requirement.

Considering the budget, one should choose the property that matches the maximum qualities of their dream property in Dubai and is an investment that is worth the amount you pay for it.

3. Selecting Inventory

Select the unit from the available inventory. Finalise the one that is your dream one and be ready to claim 100% freehold ownership of it. Be wise while choosing the inventory before making payment, and consider all pros and cons of the property.

4. Bank transfer

Select the unit from the available inventory. Make the necessary bank transaction after carefully checking the truthfulness and authenticity of the transactions. Ensure that your transactions are secure and safe and you pay the correct value.

5. Receive required documents.

One should receive all the papers of the property to their address and also online to keep them as proof and minimize the risk of fraud.

Keep all the necessary documents safe for future reference and as proof. Congratulations! You just successfully learned how to own a property in Dubai while sitting in India.

Conclusion.

With no barriers to physical presence in every transaction, buying properties across the globe is very simple now. With so much improvement in secure financial transactions, there is no fear of losing your hard-earned money. There is high security for transactions, and you can have detailed documents as proof of the transactions.

Buying property in Dubai from India is even safer as UAE is one of the safest places, and all the transactions are done within a legal framework. There is the minimum risk if done carefully and after getting due knowledge.

Following every step will provide you with a macro view of how to buy a property in Dubai from India.

Presenting you with a list of reasons why Indians buy property in Dubai

1. 100% freehold property

Freehold property means any property in which the owner has 100% ownership and is free from the hold of any other entity. Dubai offers 100% right on the property just like Indians have in India. You become the owner of the property without any middlemen and chaos.

2. Golden Visa

Dubai offers a 10-year renewable residency visa with real estate investment. It eliminates the effort of renewing your visa time and again. Golden Visa has made the process more simplified and easy.

3. Zero Tax

Dubai has no direct taxes. An investor does not have to pay income tax on the rental income. There is no capital gain text and property tax which makes the income tax free and makes property buying in Dubai a big yes.

4. Safety and lifestyle

Dubai is one of the safest places to live in the world and offers a luxurious lifestyle to its residents it attracts a lot of Indians to buy real estate in Dubai. One can offer top-notch education to their children and a fine lifestyle to their loved ones

5. High Rental Income

Rental income is one of the highest income sources as the rental income ranges from 7 to 12% which is very high compared to the Indian real estate market. This high rental income makes the property in Dubai very attractive from an income point of view.

6. Capital Appreciation

All the leading properties in Dubai have doubled their price in 10 years. It makes Dubai a perfect destination to invest your capital and provide it appreciation in the coming times. With UAE being one of the safest and most rapidly growing economies in the globe it makes your capital safe and with minimum risk.

Conclusion

From 100% ownership to high rental income Dubai has lucrative offers for Indian Nationalists and it makes Dubai one of the most loved destinations for real estate investments. Dubai is also tax-free and you can save a major chunk of your money and get the worth of every penny you invest for yourself.

Also, with the luxurious lifestyle along with all new technological advancements, Dubai has become the hub of future investments, and doing the investment today can help you increase your income prospects. An investment in Dubai’s real estate today will yield a compounding return tomorrow.

With so many amazing offers Dubai is also one of the safest places for your finances and your loved ones which makes it a win- win situation for both your investments and your family.