The real estate sector of Dubai is quite famous for exemplary schemes for investors worldwide. The said schemes offer luxury properties to the investors by giving them tax-free returns, and high rental yields. So, what are you looking for? Your dream home, holiday property, or investment opportunities, you’ll find something for yourself in Dubai.
But as a foreigner, don’t you think about how a foreigner can buy a property in Dubai? Or where to find some of the finest property deals in Dubai. The blog here consists of some of the finest strategies you can implement to find property deals for yourself. Come on and let’s have a look at it:
Why invest in the Dubai real estate market?
Before you dive into the strategies to find good Property in Dubai, you must know the reasons to invest in Dubai. If you are having second thoughts about investing in Dubai properties, then have a look at the below points:
- Tax-Free Return: As per the UAE policies of real estate investment, one does not have to pay any income tax, capital gain, or property tax on the purchase. However, you will have to pay a small registration fee.
- High Rental Yields: The estimated average return on investment here is between 5 to 9%. The number might exceed or decrease depending upon the area it is situated in.
- Market Stability: The market is regulated by RERA (Dubai’s Real Estate Market Authority).
- Luxury and Affordability: Luxury houses in Dubai are quite affordable with flexible payment plans.
- Golden Visa: Investors who have invested more than AED 2 million will be eligible for 10-year residency in Dubai via a golden visa.
Strategies to find the best property deals
Research off-plan properties
Some of the developers in Dubai offer early bird discounts on their properties with flexible payment plans at lower rates. Below are the areas where you’ll find perfect off-plan properties:
- Dubai Hills Estate
- Palm Jumeirah
- Dubai South
- Downtown Dubai
Tips for off-plan buying
- Verify the property with RERA registration to avoid falling into scams.
- Always buy from a trusted buyer such as Damac, Emaar, or Sobha.
- Negotiate with the real estate agent about post-handover plans for easy cash flow.
Look for Stressed or motivational buyers.
Some buyers agree to sell at a rate below the market price due to various reasons such as:
- Financial Urgency (chances of job loss or relocation).
- Bank repossessions
- Oversupply in the market of certain Dubai areas in Dubai.
Where are distressed deals?
- Due to non-payment of loans, the banks tend to seize the property of the individuals. These kinds of properties are generally sold at lower rates. You can find them on the Dubai Land Department (DLD) Auctions.
- While searching for properties online, search for ‘Urgent Sale listings’.
Comparing Different Areas of Dubai
Most people go for properties in the area of Downtown or Jumeirah because of its reputation. But this does not mean that the properties of other locations are bad. Here is the comparison of the property locations in Dubai:
| Area | Price Range | Why to invest? |
| Dubai Creek Harbour | 1M to 3M | Next to Dubai Downtown |
| Jumeirah Village Circle (JVC) | 800K to 2.5M | Family-friendly affordable housing |
| Dubai South | 500K to 1.5M | New Airport is close |
| Al Furjan | 700K to 2M | Affordable Villas and well-connected metro lines |
How to Negotiate with Buyers?
Just like in other places, you can bargain while purchasing Dubai properties as well, but you must know how to do so. We bought you a few useful tips for negotiation in Dubai for you. Keep these tips in mind during the negotiations:
- Always plan your purchase during the end of the month or quarter. During this time the salesmen usually have pressure to complete their targets.
- Use a few property finder apps and compare the prices of similar listings.
- Ask the agent about free parking, furniture included or not, and waive the service fee.
- Do not forget to ask if it is a Crypto Real Estate property or not.
Off-Plan Properties VS Ready Properties
| Factor | Off-Plan Properties | Ready Properties |
| Price | Lower because of Discounts | At the market rate |
| Payment Plan | Flexible (installment Option) | Full Payment or mortgage |
| Risk | Possible Delays | Immediate Ownership |
| ROI Potential | High if the area is developed | Stable, known rental yield |
| Best For | Long term investments | Quick Rental income buyers |
Final Thoughts!
Finding a property in Dubai is tough, there are quite several factors to consider such as expected ROI, location, amenities, and price. Whether you prefer off-plan discounts, distressed sales, or emerging areas, there’s a strategy for every investor. Remember that the real estate industry is risky, always consult a professional before any decision.