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Dubai developers offer a variety of real estate options. There are villas in Dubai and apartments with high-quality modern finishes and furnishings strikingly different from the outdated stock in Dubai. Offers cater to different tastes and budgets. Let's consider the specifics of the real estate market in Dubai and what you should know when investing in houses and apartments in Emirates.
Content:
- Features and attractiveness of Dubai apartments for foreigners
- Design and architecture
- Innovative solutions in the architecture of apartments
- Influence of local culture on interior design
- Innovation and Technology
- Landscape and Environment
- Harmony with the environment and views
- Impact on the international market
- Features of apartment in UAE for a foreigner
- What else should I consider before buying?
- Specifics of investing in local housing
- Conclusion
Features and attractiveness of Dubai apartments for foreigners
The amount of foreign investments in UAE is the highest in the world. Dubai is the most attractive location due to the rapid pace of development. Investments in local real estate remain potentially profitable, as they are steadily rising in price and in high demand. Investors can also obtain high returns from renting out housing. The profitability factor depends on the specific object, averaging 5–8% per annum.
Many investors prefer to use a short-term strategy. If you buy apartment in Dubai from developer at the start of sales, you can sell it at a 20–30% higher price after the developer commissions the complex. These incomes are not taxed, so the owner receives a net profit after deducting the necessary registration fees.
Design and architecture
The design of apartments in Dubai depends on the specific project. In the premium segment, the objects impress with their luxury. Natural expensive materials, such as noble wood, marble, and travertine, emphasise housing status. Panoramic windows open stunning views, and balconies and terraces with private pools create additional relaxation areas in a private setting.
Budget apartments are more minimalistic. This trend is characterised by precise geometry of lines, neutral colours, and a lack of unnecessary details. This style allows you to create laconic but comfortable interiors.
An essential feature of Dubai apartments is that many developers cooperate with famous brands and designers, such as Lamborghini, de Grisogono, Jacob & Co, and Cavalli. Such collaborations allow the creation of unique spaces with inimitable author's design.
Innovative solutions in the architecture of apartments
Best developers in Dubai are striving to surprise buyers. In elite complexes, the desire for innovation is especially noticeable. The emirate boasts buildings in the form of a picture frame, glass cubes, seashells, cascading waterfalls, and a palace in the rainforest. Such projects are becoming local landmarks.
Influence of local culture on interior design
Housing designs often incorporate features of traditional and modern Arabian architecture. These include:
- Geometry of lines – arches, columns, patios, majlis;
- Arabic patterns, serving as decoration on walls and ceilings;
- A palette of shades – beige, sand, and golden colours;
- Decorative elements. Oriental-style lamps and pillows with bright ornaments create an authentic atmosphere.
Innovation and Technology
One of Dubai real estate features is the use of modern technology. Careful design and the use of 3D printing during the construction of buildings open up a wide range of possibilities and allow you to experiment with the geometry of forms. Residences have air conditioning and energy-saving systems. There are projects equipped with solar panels and houses that provide air filtration from pollen, smoke and foreign odours, as well as water purification. Recent trends include lighting that adjusts residents' circadian rhythms.
Technological amenities and intelligent systems
Smart home system integration is becoming more and more in demand. A typical Dubai apartment is equipped with devices that allow lighting, climate, security, and multimedia installation control via smartphones or voice commands.
Landscape and Environment
Landscaping is increasingly receiving attention. A country with a sweltering climate cannot boast lush greenery, so developers take all measures to revitalise the surrounding area. They laid out gardens and parks near the complexes, planted alleys, and laid lawns. A specially designed irrigation system allows the soil to moisten in time and creates comfortable conditions for plants even under the scorching sun. Crops are selected to adapt to the heat.
Panoramic views is one of the main UAE real estate features, so from the windows of many skyscrapers, you can admire the sea, green fairways and golf courses, landscape parks and reserves.
Harmony with the environment and views
The country endeavours to reduce the negative impact on the environment during construction. Developers are actively using modern technologies to reduce emissions and energy consumption. An important step is the construction of sustainable buildings that minimise water and energy consumption. Also, environmentally friendly materials are used in construction, and modern waste disposal methods are applied. UAE will be a great choice if you are interested in green technology and are planning to invest.
Impact on the international market
Property in Dubai has a significant impact on the global market:
- The city attracts investors worldwide due to its stable economy and high rental yields. Many foreign buyers are purchasing apartments to expand their Dubai investments
- The popularisation of tourism fuels high demand. The more foreigners visit the UAE, the higher the demand for housing. This is an opportunity for investors to generate income, and thus, the state attracts foreign capital.
The emirate government is actively developing the real estate sector and creating favourable conditions for investors, contributing to this sector's growth and its attractiveness to foreign buyers.
Dubai is famous for its skyscrapers and architectural innovations. Projects such as the Burj Khalifa skyscraper, the Burj Al Arab Hotel and the Palm Jumeirah Archipelago have attracted the attention of the global media and investors, increasing the city's competitiveness in the international market.
Features of apartment in UAE for a foreigner
Property has its specifics in every country, and the Emirates is no exception. A distinctive feature of local housing is the propensity of developers to luxury. The abundance of gilding and marble in the finishing is often among the main Dubai apartment oddities for foreigners. There are other peculiarities as well.
Special features that make Dubai flats stand out
A few facts that may not be familiar to residents of different countries:
- "1-bedroom apartments" refers to housing with at least 2 rooms, where the bedroom is isolated and the living room is combined with the kitchen.
- The housing is delivered with finishing. Many developers offer complete finishing, furniture, and household appliances, allowing buyers to move in immediately after delivery.
- The number of bathrooms usually coincides with the number of bedrooms. Spacious residences usually also have a separate guest bathroom.
What else should I consider before buying?
Today, apartments over 10 years old are considered obsolete in Dubai. One advantage of such housing is its more attractive price. However, its maintenance can cost much more, as it was built without energy-saving technologies actively involved in modern complexes.
The air conditioning system is an integral part of life in the country. In old housing, air conditioners are only installed in some places. In new complexes, they are envisaged by the project even before the start of construction. Here, it is crucial to consider that the payment format for services can be different. In some cases, owners pay for the system itself and the actual electricity consumption. Other developers include the air conditioning system in the common property, in which case the consumer pays only for electricity.
Specifics of investing in local housing
Investors should pay attention to several points:
- Only sometimes does the attractive cost of housing correspond to sufficient free space. Sometimes, developers launch promotions, according to which the price of 1 m² is lower than that of competitors. Still, a detailed layout study may reveal the smaller apartment area. According to the law, an error of up to 5% is acceptable.
- Interest-free instalments are not a myth. Local construction companies can offer multi-year payment plans, which are also valid after the completion of the complex. No interest is charged on the outstanding amount.
- With the resale of housing at the construction stage can be difficult. Legally, it is not prohibited, but most contracts prescribe a threshold of the amount the owner must pay before the resale of the object. Usually, it varies from 30 to 50 per cent. This measure is designed to reduce speculation.
Conclusion
The local market is diverse. A regular apartment in Dubai for a foreigner cater to different tastes. They are united by high quality and comfort, which are also achieved thanks to the complexes' developed infrastructure. Our portal presents an up-to-date database of adverts from developers and agencies. Managers will help you find and buy a house in Dubai. Start choosing right now!