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Investing in real estate in Dubai is quite a profitable investment with high ROI rates. Compared to other European countries, the annual rental yield in Dubai may vary from 6% to 12%. The process of buying real estate in the UAE may seem quite complicated, especially for inexperienced buyers.
We at Metropolitan Premium Properties offer a wide range of residential properties in both primary and secondary real estate markets, from studios and apartments to penthouses and villas.
Our highly qualified agents will help you to choose the type of a property, and give advice on which area is the best to invest in: Downtown Dubai, Dubai Marina, Business Bay, MBR City, Jumeirah, etc. The purchase can be done personally or remotely, and the payment can be made either by cash or cryptocurrency.
Our range of services includes:
Since May 2020, as a counter-measure against the influence of coronavirus pandemic on Dubai’s real estate market, Dubai Land Department (DLD) officially allowed to make transactions regarding the purchase or sale of real estate remotely via online services. Today, one can implement all the necessary procedures and transactions without a physical presence in Dubai, from anywhere in the world.
After checking our website and choosing a property, you may register your interest so our real estate agents could contact you.
You can filter available properties by location, price, type and size based on your own preferences. The agent will provide you with all the necessary information about the property (including brochures, floor plans, photos and videos). After you made a decision the agent will send the necessary documents for signing first to you, and then to the registration manager via e-mail.
The required documents include:
After submitting the documents, the trustee registers the transaction and uploads it to the online system of Dubai Land Department (DLD).
After all the data were sent to the system, DLD initiates a video conference with both parties to the transaction in order to confirm the identity of the parties and their signatures in the contract.
After that you will get a payment link to the DLD’s escrow account (IBAN) to pay a down payment, government fees, realtor and trustee services.
After all the funds were transfered to the account, the transaction will be approved and the buyer will be provided with a new document confirming their ownership (Title Deed), as well as an digital copy of the sales contract.
Should be noted that it is possible to get a mortgage or a payment plan from the developer. The main developers of Dubai, such as DAMAC, Emaar Properties, Meraas, Dubai Properties, Select Group, offer affordable payment plans under the 30/70, 40/60 or 60/40 scheme for a period of 3 to 5 years.
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