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Geographical information . Emirate Al-Arabiya al-Muttahida (United Arab Emirates) - State of Southwest Asia, located in the north-eastern part of the Arabian peninsula, washed by the waters of the two bays: the Persian and Oman. Land boundaries are not clearly defined, the approximate area of approximately 83.6 sq km
Administrative features . State geographically divided into seven independent emirates: Abu Dhabi, Ajman, Dubai Real Estate, Ras Al Khaimah, Umm Al Quwain, Sharjah, Fujairah. The state capital - Abu Dhabi.
The rapid development of the real estate market in the UAE has led to the fact that the percentage of indigenous population is only 12%. The lion's share of houses and commercial buildings are owned by foreigners. The overwhelming majority of residents are foreign nationals who have acquired here villas, studios or apartments.
The state has two major sources of replenishment: sale of oil and provision of tourist services. The real estate market in the UAE has now become more scope to raise revenue.
Climate and time . There prevails a dry tropical climate with average monthly establishment annual temperatures in the range of 25-35 ° C. Climatic conditions - another argument in favor of the acquisition of housing in the UAE. Time identical to Moscow.
Entry . Visa application should be submitted to the package tour company established documents, special rules apply to young women and girls. Prohibited from crossing the border to persons having a passport mark Israel. A visa may be denied without reason. If a visa is required for you to operate the business in the country, it makes sense to buy property in the UAE. Home ownership entitles the official position of the resident.
When buying a home in the UAE visa is issued to the owner and his family for a period of 3 years with the possibility of extension. Business provides business visa is not more than 90 days. The economy of the country is interested in the flow of foreign investment in the construction industry, so buy an apartment or other immovable property there can any foreigner.
Dubai . Today, Dubai is recognized as the most popular holiday destination in the Middle East coast, attracting hundreds of thousands of tourists from around the world. Maximize here and the demand for real estate. Building new hotels, completed previous projects developed interesting conceptual objects of the future. Perhaps, in the amount of construction in the UAE Dubai held in the lead thanks to a fantastic innovative objects - Palm Jumeirah ,Burj Khalifa , and similar facilities.
Abu Dhabi . Capital welcomes guests riot exotic greenery and perfect architectural structures. Here prevail luxury hotels, luxury villas, prestigious commercial sites.
The share of Dubai and Abu Dhabi, accounts for about 80% of the national real estate market. However, according to experts, in the post-crisis period, he was able to supersaturation, which opens up attractive prospects for potential buyers. If you wish to buy an apartment in the Emirates, hurry up with the solution, because today the prices have reached the minimum values.
Buying property in the UAE - a profitable investment location and the opportunity to enjoy a luxury vacation at any time of year. Today has the most favorable economic environment for investment in facilities built here. Buying a home in the UAE today - is a profitable investment, as a year of its investment value, as a rule, be doubled.
Effects of the global crisis was a significant factor for the destruction of speculative demand and the fall in prices, so today you can buy a luxury apartment on the value of the pre-crisis standard apartments.
However, the local market is characterized as a multi-faceted. This allows you to make the best choice for investors of all categories. Popular hotels offer to sell - the buyer becomes the owner of hotel chain.
National market as objects of residential and commercial applications.
Priority is given to buildings located in shopping centers and on the coastline. For example, you can buy a cozy studio in a prestigious complex worth $ 100, 000. At the same time in the United Arab Emirates is widely represented luxury housing with the transaction amount to millions of investments. The objects include all sorts of commercial retail space, restaurants, a conference hall and a business center.
An interesting option is to purchase items at the construction stage. Real estate developers who are interested in attracting investment, offer attractive prices to foreigners overseas property in the UAE.
Emirates government to accurately track all transactions for the sale of real estate. Increased demand for special areas allocated for foreigners - freehold, giving certain privileges. If you are the owner of an object in this category, you will automatically get the right and to the land, as well as obtaining visas.
Sale of all objects in the Emirates is not burdened by taxes. The parties shall pay when you make a registration fee transactions: the sale, it varies in the amount of 0.5-2% of the transaction, the purchase - fixed at a rate of 1.5%.
As the United Arab Emirates - a country with a booming economy, migrants come here permanently - as employees and business leaders who have decided to start a business on the fertile soil. Before you start to work, they need to rent an apartment in the UAE, which is why the rental property market is sufficiently developed. In this segment, you can work on several schemes. For vacation rentals is better to get the so-called service apartments.They rent hotel chains, while the owner gets up to 60% of net profit. This business developed in coastal regions UAE, namely Dubai, Ajman and Abu Dhabi, where there are large global hospitality chain. For year-round rental property acquired more modest apartment in private.
For detailed advice on the acquisition of real estate in the UAE, please contact your IBM representative or The First Group by filling out the online application at the top of the site "Learn more or buy." Our managers will receive your message and will contact you as soon as possible using the contact details that you provide in the application form.
