Dubai Real Estate

The choice of your real estate agency and advisor is a decision not to be overlooked when looking for a property. Our agency will be with you every step of the way.

Your DRN Real Estate consultant will be your ticket to all the best opportunities in Dubai. With their in-depth knowledge of the market, our agents will find you the projects that meet your needs and expectations.

Talk openly with our DRN Dubai Real Estate agents, whether you’re planning to live in Dubai or invest in rental property!

For several years now, Dubai has been the new Eldorado for investors. It has to be said that this cosmopolitan, dynamic city has seduced many.

If you’re still hesitating about buying property in Dubai, here’s something to convince you:

A dynamic market even in the midst of a global pandemic

According to a study conducted by Emirates News Agency (WAM), the city recorded over 51,414 real estate transactions in 2020, representing 140 transactions per day and AED 175 billion. Even in the midst of a global pandemic, the Dubai real estate market suffered little or no impact.

The most profitable city in 2021

In 2021, the United Arab Emirates tops the list with its two cities, Abu Dhabi and Dubai, as the world’s most profitable cities. With yields ranging from 7% to 12%, depending on the project, Dubai is a safe bet for real estate investment. CIA Insurance also adds, that Dubai would be, by 2021, the most profitable city in the world for homeowners using the Airbnb platform!

0% taxes and 0% income tax

Among the city’s many advantages, taxation is a key factor in the decision to invest in property in Dubai.

An investment that offers exceptional tax benefits: 0% tax and 0% income tax – that’s how tax legislation works in the United Arab Emirates.

Property developers also offer attractive payment facilities. This is a payment plan spread over several months or years that allows you to pay for your property in instalments, interest-free! You don’t have to pay any application fees, or make the sometimes tedious request to your bank. All you need is your passport and a deposit to reserve your property.

A captivating destination

With almost 290,000 French visitors and over 7 million tourists from all over the world in 2021, the famous city of dizzying buildings has been voted the best City Break destination (study conducted by British comparison site Compare The Market).

And that’s not all!

She was also named :

– The world’s most welcoming city
– First most popular city in the world in 2022 by TripAdvisor at the Travellers’ Choice Awards 2022
– And the third safest city in the world for women traveling alone, according to a study by Insure My Trip.

If you’d like to find out more about Dubai and why you should invest in Dubai real estate, please don’t hesitate to contact our DRN Dubai Real Estate agents.

In addition to the reasons set out above under the heading “Why invest in Dubai? the advantages of buying property in Dubai are numerous.

Exceptional properties at attractive prices

As we all know, Dubai doesn’t do things by halves, even when it comes to real estate projects!

From a simple 40m2 studio (yes, studios in Dubai are generally the equivalent of a T1 in France) to a villa of over 800m2, the city offers a wide choice of properties if you want to invest. Exceptional properties with carefully crafted designs at attractive prices!

A city within a city

Buying real estate in Dubai also means buying a community. All the amenities and people living in these neighborhoods are called “communities”. Your choice of community will depend on your needs: for example, if you’re moving in with your family, for business, for a young single couple, or if you’re looking for lush green spaces or towering buildings… all these factors will be important in your choice of community.

Following the purchase of your apartment or villa, a number of amenities are made available to the community: communal swimming pools, children’s play areas, sports facilities, restaurants and retail outlets…all the comforts of a resort and mini-town in your own home!

A simplified
application

Once you have completed your property purchase, you can apply for a visa. The United Arab Emirates offers a range of visas based on different criteria. You will be eligible to make this request from 750,000aed for properties purchased on the old market and 2,000,000aed on new properties.

Our DRN Dubai Real Estate agents are available 7 days a week! Contact them for more information.

Dubai is one of the world’s most attractive cities. According to numerous studies, the city is one of the top 3 most attractive forreal estate investment.

Located in the United Arab Emirates (UAE), Dubai is a popular destination for expatriates, entrepreneurs and high-net-worth individuals from all over the world. It’s also a great place for holidaymakers.

The number of inhabitants continues to grow year on year. In fact, according to the DSC, Dubai Statistics Center, the population of Dubai has increased by 8%. Demand for housing is also on the rise.

In terms of profitability, it varies between 8% and 12% depending on the region. That’s why, as an investor, rental investment is an excellent solution.

What’s more, Dubai has adopted a very attractive 0-tax system! The Emirates are home to many expatriates. The city is firmly focused on the future, aiming to become the world’s leading tourist destination by 2025!

In the city of Dubai, you can buy in three different ways:
– buy a new property off-plan;
– buy a new, ready-to-live-in property;
– buy a property put up for sale by a private individual.
– purchase of off-plan housing.

Rates for private homes, luxury villas and off-plan apartments are generally attractive.

Nevertheless, before any purchase, it is advisable to turn to a reputable real estate developer you can trust.
In Dubai, the main developers are EMAAR, DAMAC Properties and Nakheel.

These builders offer very solid guarantees and, if you know theDubai real estate market well, you can contact them directly instead of going through a DRN Dubai Real Estate agent.

The fact of not paying any additional taxes to the government is one of the reasons most people know about.

Not having to pay income, resale or even property taxes is a real added value. Dubai is planning to increase the number of inhabitants and is betting heavily onreal estate investment.

Big ambitions for the future.

Firstly, the Dubai 2040 plan, which is an urban redevelopment plan. The main actions of this redevelopment plan are :

Population growth:
Home today to over 3.3 million inhabitants
By 2040, Dubai’s population is expected to reach 5.8 million
+ 60% green space
+ 55% of the population will be able to live within 800 meters of a public transit station.

The ultimate aim is to enhance the quality of life in the Emirate and open up new prospects.

Dubai is one of the TOP 10 safest cities in the world.

Each year, Numbeo, the world’s largest participatory database of cities and countries, publishes its rankings for a total of 431 cities.

In 2021, Dubai will be in 7th place in this ranking. The safest city in France is Nice, ranked 194th.

Note that 3 cities in the United Arab Emirates are in the TOP 10 safest cities (1st Abu Dhabi, 6th Sharjah and 7th Dubai).

Many cultures are present in the Emirates, more than 12% Emirates and 88% expatriates. Today, Dubai is one of the most attractive cities for expatriates.

Dubai Marina
Dubai Marina is a good mid-range option. It’s a mature community with a rich variety of apartments and many restaurants.

It’s also one of Dubai’s picturesque neighborhoods, with huge residences surrounding the marina, making it a popular spot for expatriates.

It’s a highly sought-after neighborhood, always in demand by buyers and renters, but still moderately priced compared to more upscale neighborhoods like Palm or Downtown.

Palm Jumeirah
The Palm is one of the most expensive at 5,360 euros per square meter. Prices have held up well despite the market slump, with nearly 600 sales in 2018, and the secondary market remains buoyant.

Palm is second only to Marina in terms of popularity with investors. It’s a chic neighborhood with good stores and excellent restaurants.

Palm is also popular with buyers of condos and villas. A studio could cost €531,000; a three-bedroom villa could cost €2.1 million.

Downtown – Business Bay
Downtown Dubai and Burj Khalifa slightly outperformed The Palm in terms of price, topping the list at €7,382 per square metre. Studios here can cost €290,000; you can get a two-bedroom apartment at Jumeirah Village Circle for the same price!

But the investment here is indeed solid. The Burj Khalifa is one of the world’s biggest tourist attractions, with a strong secondary market and attractive rental yields.