The Beginnings of Dubai
Dubai was once a small fishing settlement located on the Persian Gulf. A trading port famous for fishing and pearl diving. Today? The largest cosmopolitan city in the United Arab Emirates, admired every day. Not only for its modern infrastructure, which resembles a scene from a movie, but also for its dynamic development. It constantly implements new projects, including the Blue Line metro line. However, that is not the only reason why people from all over the world choose this place – and that is investment. Building passive income in Dubai is easier than it might seem.
What does 360° property management mean?
Full support after property purchase, but what does it actually include? Well, after choosing the right residence based on individual expectations and agreeing on the payment method, we take the remaining obligations upon ourselves.
First, we thoroughly check the technical condition of the apartment; if there are any deficiencies, we prepare a snag list so that the developer can bring the apartment to a perfect condition. If defects still occur after a re-check, we prepare the document again. We do not accept the keys until all defects have been removed.
Next, we look for a tenant and verify the tenant for employment stability and payment history. We must be sure that the person meets our criteria. Because for us, the tenant's credibility and responsibility matter.
After finding a tenant, we check the cheque for cover, i.e. we verify whether there are sufficient funds in the account to honour it. Then we transfer the funds directly to your account.
In Dubai, rent is paid in advance for the entire year in the form of cheques.
That's not all
We also handle administrative services: registration of the lease agreement, setting up a business. We provide legal assistance: insurance, drafting a will regarding property inheritance. Additionally, we will help with furnishing the apartment and obtaining a residence visa within 7 days.
Why Dubai?
Main features of investing in property in Dubai:
0% income and capital gains tax.
Attractive rental yields (8-12%).
Property value growth during construction (10-20%).
Most importantly! Constantly growing demand for apartments resulting from the increase in the number of residents.
Summary
It can be said that Dubai is a true pearl. Why? Because there are few places in the world where investing in foreign real estate can be easy, safe and not requiring much involvement. Additionally, the city's modern infrastructure and high standard attract attention and inspire admiration. It is also worth emphasising Dubai's multiculturalism, thanks to which every expat can feel welcome. That is why I compare Dubai to a unique pearl that is constantly developed and nurtured to maintain its value.
If you would like to learn the details of the investment, book a free consultation with our expert.
