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Cheval Blanc Real Estate is a renowned Real Estate Company in Dubai that offers premium apartments, villas, and townhouses for sale and rent. We specialize in property sales and leasing in Dubai and provide a variety of professional services to ensure our clients have a smooth and successful property journey.
Our experienced team is always willing to assist and answer questions. Contact us using one of the channels below and we will get right back to you.
+97143884888
The Curve Building - Al Quoz 3 - Dubai - UAE
Yes, Dubai’s regulations allow residents and international investors to purchase property in the freehold market.
Anyone of any nationality, whether a resident of Dubai or based elsewhere, can buy property in Dubai’s freehold market.
Furthermore, to purchase property, you do not need to have any form of residency or comparable permit.
A typical property transaction in Dubai takes around 30 days to complete from the date the Agreement for Sale (MOU) is signed.
When all of the necessary documentation are in order, it takes around 30 minutes to register a sale.
The UAE is a tax-free country, thus there are no taxes on property or any revenue derived from it.
However, the property owner is responsible for the annual maintenance fee and service charge payments, which must be given to the owner’s association’s management business.
Payments are made one to four times each year at an average cost of AED10-AED40 per square foot, depending on the project and services included.
Depending on the type of property, geographical region, and service fee amount, the average net income (after paying the service charge) is 5%-10% per year.
The primary market purchasing cost is DLD fees of 4% plus VAT, Trustees office fee is AED 4,200 for transactions worth more than AED 500,000, and AED 2,100 for those worth less.
Additionally, total fees for secondary market purchases comprise a 2% commission fee (for the sales agent or broker), a NOC fee (up to AED 5,000), and a transfer appointment fee (up to AED 4,000).
Title deed fee of AED 580, Admin Fee AED 150 also apply.
On January 1st, 2018, the UAE government implemented a policy by instituting a 5% value-added tax (VAT).
The VAT law specifies that, with the exception of the sale of vacant commercial buildings and commercial property leases, all real estate transactions are either not subject to or exempt from the tax.
In other words, there is no VAT imposed on residential housing rent. However, it is possible that a residential tenant receives other services that are liable to VAT, either as part of or in addition to the rental arrangement.
According to the law published by the UAE government, investors, home owners, and specialists such as doctors and engineers can acquire UAE resident permits Golden Visa valid for up to ten years and is renewable for a freehold property with a title deed value of AED 2 million or more.
A mortgage broker will always provide a choice of possibilities as well as an unbiased advice on the mortgages that are available.
Contact us to get the best mortgage rates.
When compared to other modern and appealing metropolitan and semi-urban settings throughout the world, Dubai is widely regarded as providing higher value in terms of dollars per square foot.
In this regard, purchasers may still benefit from Dubai being a “new” home-owning locale; but, this particular secret is quickly spreading throughout the world!
Moreover, the degree of demand for Dubai residential property has resulted in extremely respectable increases in the value of existing houses.
A 5% security deposit is required for unfurnished rentals and a 10% deposit for furnished properties.
You must additionally pay a deposit of AED 2000 to DEWA for an apartment and AED 4000 for a villa.
Cheval Blanc Real Estate provided us with an exceptional service. They took the time to truly understand our requirements and identified the ideal location for my family.
Saanvi Das
Professional and excellent service is offered; they have a wide range of properties to choose from, and they are patient and helpful at every stage of the way.
Michael Kinwan
I've been in the UAE for 9 years and this was by far the best experience I ever had with a real estate agency. Clients are treated in a very professional, competent & honest manner.
Mohammad Faris
Cheval Blanc Real Estate, a significant brand in the real estate sector, is an award-winning home development and brokerage firm that links customers with the right property. Utilize our extensive range of services to construct the home of your dreams.