In 2002, expatriates were allowed to purchase property in Dubai. Since then, issues of getting a residence via property purchase have become of great interest. Now, buying a property is one of your best options to secure the residency without the need of sponsors.
Ideally, when both parties fulfill their obligations and respect other party rights, they have few or no tenancy disputes at all. Moreover, they are capable to resolve any issues by mutual consent. Unfortunately, disputes occur with a landlord or a tenant to blame. Thus, the most common dispute cases are:
To understand how much money you need to buy a rental in Dubai, let’s speak about its real estate prices at first. Of course, prices vary from community to community and depend on area, property type, and its size. For example, apartment studios have the lowest price.
There are many ways to earn money. Getting a job is the most common, but investing is something that can really benefit you. Hence, it is a good way to make a fortune and improve quality of your life. Besides, investment in rental properties is one of the simplest and popular investments. So, why not to start investing in rental properties?
In most cases, you can get a visa only with a national sponsor. Usually, the UAE’s Government issues the visa for 1, 2, or 3-years period. However, in 2019 UAE visa legislation was significantly modified. So, due to recent changes in visa legislation, certain categories of expatriates can apply for the visa without a sponsor. Moreover, the Government extended visa duration up to 5 and 10 years.