Two Bhk Apartment For Sale In Dubai

Two BHK Apartments for Sale in Dubai

Dubai has become one of the famous places for investors to invest in a property. Due to the city’s grandeur, luxury and growing economy, it has been providing a steady return on investment to all the investors. Here we have discussed all the things you need to know before buying Two BHK apartments for sale in Dubai. 

Why Investing in a Two BHK Apartment in Dubai a Good Option?

Here are all the essential reasons you should invest in a two-BHK apartment in Dubai:

• Rental Yield

The global market of Dubai has been attracting investors from all around the world for work and other purposes. Hence, creating a high demand for rental properties in the city. If you have a property in Dubai, it can help you earn an annual rental yield that is upwards of 5%.

• Tax-Exempted Investment

UAE is considered one of the most investor-friendly countries, due to its several tax exemptions. If you invest in Dubai, you do not have to pay taxes such as capital gains tax, income tax, annual property tax, value added tax (VAT) or rental revenue tax.

• Golden Visa

In a recent announcement by the UAE administration, there have been two significant announcements regarding its Golden Visa rule. The minimum amount of investment to avail a Golden Visa has been brought down to 2 Million from 5 Million. Also, the validity of the visa is now 10 years.  

What are the Factors to Consider before Purchasing a Two BHK Apartment in Dubai? 

Here is a list of the most critical factors you should consider before purchasing two BHK apartments in Dubai:

• Location

Location is the primary factor that determines the price of a property. There are a number of factors you should keep in mind before choosing a location such as nearby schools, hospitals and markets, proximity from the city centre etc. 

• Off-Plan Real Estate

Buying an off-plan real estate means purchasing a property before its construction is completed and it is commissioned. By creating a pre-agreement and placing a hold on this type of property, you can get a significant discount on the actual price.

• Legalities

The legality of purchasing two BHK apartments in Dubai is a complicated process. According to the real estate regulations of Dubai, it is mandatory that an agent conduct all real estate transactions. 

If you are looking to buy two BHK apartments in Dubai, it is recommended to consult a real estate agent as they will understand your needs and will advise accordingly. It will ensure a very smooth buying process, where you do not have to worry about it too much.