Frequently Asked Questions: Answers and Solutions | Bonne Apart

FAQs About Real Estate Investment in Dubai

FAQ

Frequently Asked Questions

  • What services does Bonne Apart Real Estate Brokers L.L.C. offer in Dubai?

    Bonne Apart offers a comprehensive range of services, including property buying and selling, rental management, property management, and investment advisory services in Dubai. Whether you are looking for residential or commercial properties, we provide personalized assistance tailored to your needs.

  • How can I buy a property through Bonne Apart in Dubai?

    To buy a property through Bonne Apart, simply get in touch with us via our contact form or call us directly. We will help you shortlist suitable properties, arrange viewings, and guide you through the negotiation and purchasing process, including all legal requirements and paperwork.

  • What are the costs involved in buying a property in Dubai?

    The main costs involved include the property price, a 4% transfer fee paid to the Dubai Land Department, agency fees (typically 2%), and other miscellaneous charges, such as property registration fees and NOC fees from the developer. We can provide a detailed breakdown to ensure full transparency.

  • Does Bonne Apart offer property management services in Dubai?

    Yes, we offer professional property management services to ensure your investment is well-maintained and profitable. This includes tenant management, maintenance coordination, rent collection, and regular property inspections.

  • Can Bonne Apart assist with property investment opportunities in Dubai?

    Absolutely. Our team provides expert guidance on property investment opportunities in Dubai, helping you identify properties with strong potential for rental income and capital appreciation. We keep you informed about market trends and upcoming developments to make smart investment decisions.

  • How do I list my property for sale with Bonne Apart?

    Listing your property with Bonne Apart is easy. Just reach out to us via our contact page or give us a call. We will arrange an evaluation, help you prepare the property for sale, market it effectively, and handle negotiations on your behalf.

  • What are the best areas to invest in Dubai in 2024?

    In 2024, areas like Dubai Marina, Downtown Dubai, Jumeirah Village Circle (JVC), and Dubai Creek Harbour are seen as promising due to their growth potential, infrastructure developments, and demand for both rentals and sales.

  • What are the average prices for residential properties in Dubai in 2024?

    The average prices vary depending on the location and type of property. For instance, apartments in popular areas like Downtown Dubai may average between AED 1.5 million to AED 3 million, whereas villas in Jumeirah might start from AED 4 million. We can provide more accurate and updated details based on your specific interests.

  • What rental yields can I expect from investing in Dubai real estate?

    Rental yields in Dubai can range from 5% to 8% annually, depending on the location and type of property. Areas like JVC and Dubai Marina are known for offering higher yields compared to more established locations.

  • Are there any upcoming developments or projects in Dubai that are good for investment?

    Yes, there are several upcoming projects in Dubai that are worth considering, such as new developments in Dubai Creek Harbour, Emaar Beachfront, and Dubai South. These projects offer modern amenities and strategic locations, making them attractive for investors.

  • How can I secure a mortgage for property investment in Dubai?

    We can connect you with trusted mortgage advisors who work with both local and international banks. Typically, expatriates can receive financing of up to 75% for their first property in Dubai.

  • What legal requirements must foreign investors meet to buy property in Dubai?

    Foreign investors can purchase property in designated freehold areas. Required documents include a valid passport, proof of funds, and a signed sales agreement. Our team ensures smooth compliance with all legal procedures.

  • Is Dubai real estate a good investment in 2024?

    Dubai’s real estate market in 2024 continues to attract global investors due to favorable regulations, high rental yields, and a stable economy. With ongoing infrastructure projects, the market shows strong growth potential.

  • What is the process for renting out my property in Dubai?

    We handle all aspects of renting, including tenant sourcing, lease agreements, and rent collection. Registering the lease with Ejari is mandatory in Dubai, and our team ensures compliance with all rental laws.

  • What are the benefits of investing in off-plan properties in Dubai?

    Off-plan properties in Dubai often come with attractive payment plans, lower prices, and potential capital gains as the project nears completion. This is a popular choice among investors looking for long-term growth.

  • How has Dubai’s visa policy impacted the real estate market?

    The recent introduction of the 10-year Golden Visa and other residency visas for property investments over AED 750,000 have encouraged more expatriates to invest in Dubai’s real estate market.

  • What are the key factors that affect property prices in Dubai?

    Property prices are influenced by location, demand, infrastructure developments, and government policies. Areas with strong demand and new infrastructure often see better appreciation.

  • Can I buy property in Dubai as a non-resident?

    Yes, non-residents are allowed to buy property in designated freehold areas in Dubai. The process is straightforward, and our team is here to guide you through each step.

  • How do I calculate the return on investment (ROI) for a Dubai property?

    ROI is typically calculated by dividing the annual rental income by the total property cost. Dubai’s high rental yields and appreciation potential make it a lucrative market for investors.

  • Why is Dubai a preferred destination for real estate investment?

    Dubai offers a tax-free investment environment, stable economy, strategic location, and strong demand for rentals. It also has a cosmopolitan lifestyle and advanced infrastructure, attracting global investors.