Yes, it is good to have as Property or an asset in Dubai for an Indian Investor.

Buying property on a mortgage can be a great investment opportunity. There are a number of banks in Dubai that offer loans to purchase properties such as villas, apartments, houses, and townhouses at competitive rates. We at The Fin Wing help you get loans for lowest interest rates. 

It is important to carefully consider the property that best suits your needs, as well as the bank that will facilitate your loan. At The Fin Wing, we do give at most care to our clients and their requirements to ensure smoother transitions.

We got to know about the property prices in Dubai through various sources including newspapers, magazines, and online portals and from our past experiences working with hundreds of banks and thousands of customers from Dubai & UAE. 

In addition to its financial parameters, Dubai is renowned for its luxurious lifestyle, placing it ahead of other metropolitan cities in India such as Mumbai, Bangalore, and Delhi. Furthermore, its status as a hub for business activities is evident, making it a popular destination for entrepreneurs.

Pricing expectation on Dubai Property:

Indian buyers represent a significant portion of real estate investment activity in Dubai, typically accounting for 6-7%. This is in large part due to the availability of luxury villas in Dubai at a lower cost compared to many cities in India.

The most extravagant areas in the UAE can expect to pay an approximate AED 3,000 (Rs67,500) per square foot for a luxurious residence. Properties in Palm Jumeirah would incur AED2,800 (Rs62,500) per square foot, while The Lakes community would cost AED1,900 (Rs43,000) per square foot.

Some noted real estate consultancy, has reported that capital values in Cuffe Parade are now 30-50% cheaper than those in Mumbai and Delhi, resulting in Dubai becoming a popular choice of residence for affluent Indian investors. Additionally, the city offers a range of attractive real estate bargains.

ROI on Dubai Property:

The rate of return on investment in Dubai is comparatively higher than India and the appreciation is also hihg

Investing in Dubai is a sound financial decision due to the current level of development taking place across the city. Ready-to-move-in properties have an expected return on investment of 5-6%, and property prices per square foot are competitive.

You can expect Good rents on your property in Dubai:

Dubai’s real estate market is renowned for offering some of the highest rental yields available among mature markets, typically ranging from 5-9% annually, which is why the emirate is a significant draw for investors from around the world.

Taxes on Property is a Big Sigh in Dubai:

We were surprised to learn that there is no property tax in Dubai. Homeowners are not required to pay any additional taxes after buying a property, which was unexpected due to Indian accustomedness to paying property taxes in India for many years.

If you are considering investing in Dubai property, our research and experience can provide you with the necessary guidance. The Fin Wing Mortgage Consultants in Dubai are known for providing the accurate information end to end.