Why you should invest
in Dubai
Dubai
If you are an experienced investor who is ready to make quick decisions, the fastest growing real estate market in the world in Dubai is just for you. The most attractive and up-to-date property listings are sold out within 15 minutes.
Dubai
Why should you buy real estate in Dubai now?
It is currently the most active and fastest growing real estate market in the world. Experts predict an annual increase in real estate prices in Dubai at the level of 10-12% over the next 5 years
HIGH ROI ON INVESTMENT
Only in January 2022, the cost of a square meter of housing increased by 33.4%, or $ 429 (Dubai Land Department data).
PROOF OF FUNDS IS NOT REQUIRED
The developer does not require confirmation of the origin of the funds and will gladly accept payment via bank or in cash
PAY IN ANY WAY
Anyone can buy property in Dubai. A foreign passport, internal ID card or passport, telephone number, current address and e-mail address to contact the client are required. Payment can be remote, SWIFT transfer, cryptocurrency or cash.
Resale 30% annually
Average Property Yield
*on resale after one year
TAXES ONLY 4% DLD
In the United Arab Emirates, income tax on capital gains, rental income, inheritance and gift tax is 0%. And there is no difference in taxation for UAE residents and non-residents. The only tax you pay is a one-time DLD tax.
COMFORT AND SAFETY FOR THE INVESTOR
Dubai is the safest city to live and travel. Most developers in Dubai are government owned and the buyer is safely protected by the contract.
CONVENIENT PAYMENT PLANNING SYSTEM
The installment plan allows investors to pay only 30-40% of the total cost for up to a year, as it includes an interest-free installment plan until the facility is commissioned
Dear client Skarb
We are pleased to introduce Skarb Invest
Exclusive Resort & Residence Collection, a unique project in the luxury real estate market. Now you have a unique opportunity to own a prestigious residence or resort property in the world's most desirable locations: the Caribbean, Bahamas, Mexico, Dominican Republic, Florida, Hawaii, Dubai.
Visas
The UAE offers visas to people who decide to invest in residential property worth AED 1 million (US$ 273,000) or more, where at least 50% of the value of the property is paid up.
If the property is purchased as joint ownership, each owner's share must also be at least AED 1 million to obtain a visa.
The duration of the visa varies from three to five years and can be maintained as long as the investor owns property in the country. A three-year visa is available to those who have purchased property worth at least AED 1 million, while a five-year visa requires property worth at least AED 5 million.
SAFETY FOR INVESTORS
In Dubai, the money paid by the investor does not go to the developer's personal account, but to a special account of the Dubai Land Department, called an escrow account, which is regulated by the government.
An escrow account is an account that acts as a third party financing tool whereby the seller has access to the money transferred (by the buyer) once the terms of the escrow agreement have been met. If the contract is not fulfilled by the seller, the funds will be returned to the buyer.
HOW IT'S WORKING:
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Off-plan buyers transfer all funds to designated project escrow accounts.
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Since off-plan projects are paid in installments, off-plan developers are paid upon presentation of a work progress certificate.
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Once a project is registered, the Dubai Land Department must approve the developer's project. This includes, but is not limited to, budgets and architectural drawings.
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5% of the total value of the escrow account is retained for 1 year to ensure that defects in the property are covered upon handover.
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If the developer fails to meet the requirements, the Act also provides for a mechanism to deregister the developer.
