Written for someone who has never bought in the UAE. Every fee, every document, and every point where I would slow you down.
Reservation to title deed, with every fee, every document and every point where I would slow you down. Written for someone who has never bought in the UAE.
A UK resident's guide to buying Dubai Islands off-plan: the tax HMRC still charges while you are resident (and how residence changes it), financing, the dollar peg, costs in GBP, and the remote process.
A US citizen's guide to buying Dubai Islands off-plan: the tax the IRS still charges you, financing, the dollar peg, the costs in USD, and the remote process.
JBR is cheaper per sq.ft than Dubai Islands, carries a lower service charge, and yields more, all three, today. Here is the honest case for each, and the buyer I send to JBR instead.
Emaar Beachfront is the closest thing to a preview of Dubai Islands, a new waterfront district five years ahead. It ran from AED 1,600 to 3,600 per sq.ft, then softened. Here is what the 21 percent price gap buys, and the net yield on both after service charge.
Palm Jumeirah trades at AED 3,640 per sq.ft against Dubai Islands at 2,850, both from DLD. I run the net yield both ways, name the service charge nobody quotes, and show why the 6 to 8 percent you have been sold does not survive the arithmetic.
DLD, trustee, agency, mortgage arrangement, first-year service charge. The number is 6.6% above the price.
Which banks, what documents, how long it takes, and the two things that get applications rejected.
The exit route most buyers never ask about until they need it. Costs, consents and realistic timelines.
Holiday Homes permits, management fees, occupancy nobody can evidence yet. Why I underwrite long-let.
What each structure costs you in real terms once you account for the money you are not holding.