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
Resale 30% annually
Average Property Yield
*on resale after one year
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.
