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Dubai Property |
Welcome to our guide to buying property in Dubai.
Since May 2002 Dubai has been experiencing a property boom like nowhere else on earth. This incredible growth is due to Sheikh Mohammed bin Rashid Al Maktoom's decree which allowed foreigners to buy property in Dubai on a freehold basis thus inviting massive investment from around the globe.
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Whether you are looking for a holiday in the sun or an investment property in Dubai you will find some helpful tips here on how to go about buying the perfect Dubai property.
The great thing about buying property in Dubai is that there are no property taxes. All that a potential buyer needs to think about is lawyers' fees and the ongoing maintenance of the property.
This factor especially is worth considering as annual fees will vary in the different type of apartment blocks and will be significant in the buyers profit predictions or annual budget calculations.