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Buying a property is one of the most significant and important investments in every person's life. Currently, many countries offer various financing programmes to make the process of purchasing housing more affordable for both local residents and foreigners. The UAE is no exception. There are many properties in Dubai available for purchase in installments. If your accommodation meets certain conditions, which we will discuss in detail below, you will also be able to apply for a residence permit in the UAE.
Content:
- Advantages of installments in Dubai
- Popular types of installments in Dubai
- Residence permit for the purchase of real estate in installments
Advantages of installments in Dubai
Installment plan is an attractive real estate purchase programme in Dubai, which offers a number of significant advantages. Instead of paying the full cost of the property at once, the buyer has the opportunity to pay the amount in installments for some time. Advantages of the programme are as follows:
- The absence of interest frees the buyer from additional financial burden. Traditionally, the purchase of real estate includes repayment of mortgage interest or commissions to banks. Thanks to this programme, investors do not pay interest, which makes the purchase more affordable and convenient.
- In addition to the absence of interest, the programme also offers flexible payment terms. The buyer can choose a convenient schedule for making contributions for housing, which corresponds to his financial capabilities. Flexibility in choosing the maturity of debt is an attractive factor for many potential investors.
- Real investment opportunities. Dubai, one of the safest and most economically sustainable cities in the world, represents a huge potential for investors. The purchase of an apartment in Dubai opens up opportunities for obtaining high rental income or subsequent resale.
- There is a reliable real estate market in the UAE, which attracts many foreign investors. The state actively develops and supports the construction segment, which ensures stability and price growth for residential and commercial premises.
- The interest-free loan programme is relevant not only for investors but also for those who want to move to live in Dubai or any other emirate.
Popular types of installments in Dubai
The most popular programmes in Dubai are rent-to-own and installments for objects under construction. The first option is a lease with the possibility of redemption. Within 3-4 years, the buyer must pay 20-30% of the cost of the property. This period is called the "blocking period". When it is completed, the accumulated rental fees are converted into housing fees. After the end of the blocking period, the buyer continues to regularly transfer the fixed amount specified in the contract until he completely buys the property.
An interest-free loan for apartments in development projects in Dubai gives potential buyers the opportunity to purchase housing at the stage of the project or excavation. This scheme offers a flexible payment system that allows you to repay the cost of the property in unequal parts for a certain period until the completion of construction. As an example, consider the payment plan in the Jumeirah Village Circle residential complex.
| Payment amount in % | Deposit period |
|---|---|
| 20 | When booking |
| 10 | After 2 months |
| 10 | After 4 months |
| 5 | Project readiness by 20% |
| 5 | Project readiness by 30% |
| 5 | Project readiness by 40% |
| 5 | Project readiness by 50% |
| 5 | Project readiness by 60% |
| 5 | Project readiness by 70% |
| 30 | Completion of construction |
The amount and schedule of payments may vary, depending on the conditions that a particular developer set.
Residence permit for the purchase of real estate in installments
A residence permit when applying for an interest-free loan is one of the significant advantages that can be provided to buyers of residential and commercial properties in the UAE. There is a real estate investment programme known as Golden Visa. It gives foreign investors the opportunity to obtain a residence permit in the United Arab Emirates for 10 years. To obtain this visa, a one-time deposit of the entire cost of the property is a prerequisite, and to obtain a 3-year visa, installments and a mortgage are allowed. To become a resident of the UAE, it is important to consider only 3 points:
- Invest in real estate in the amount of AED 752,000 ($205,000).
- Pay off more than 50% of the cost of housing.
- Wait for the commissioning of the facility.
The interest-free purchase of real estate in Dubai in installments in 2026 is a unique investment opportunity. Flexible payment terms make the purchase of housing in the UAE affordable and profitable for a wide audience. Given the payback rates and the potential for growth in the value of objects, such an investment will save money from inflation and ensure financial stability.
