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Invest in Dubai from India – Best opportunity

Besic-PMS, the best company for real estate investing in Dubai. I’m glad you’re interested in learning more about how to invest in Dubai from India. Dubai is one of the most dynamic and attractive cities in the world, offering a range of opportunities for investors who want to diversify their portfolio, enjoy high returns, and benefit from a stable and secure environment. In this article, I will share with you some of the advantages of investing in Dubai, the legal and financial requirements, and the best areas to buy properties in Dubai.

Why invest in Dubai from India?

Dubai is a global hub for trade, tourism, innovation, and culture. It has a strategic location between Europe, Asia, and Africa, making it accessible to millions of people. It also has a world-class infrastructure, a business-friendly environment, a diverse and multicultural society, and a high quality of life. Here are some of the reasons why you should consider investing in Dubai from India:

  • Strong economic growth: Dubai’s economy is expected to grow by 4% in 2021 and 3.8% in 2022, according to the International Monetary Fund (IMF) 1. The city is also hosting the Expo 2020, which will boost its tourism, trade, and investment sectors. Dubai has a diversified economy that is not dependent on oil, but rather on sectors such as real estate, finance, logistics, hospitality, and technology.
  • High rental yields: Dubai offers some of the highest rental yields in the world, averaging 6.6% in 2020 2. This means that you can earn a good income from your property by renting it out to tenants. Dubai has a high demand for rental properties due to its large expatriate population, its tourism industry, and its business activities. You can also benefit from the long-term capital appreciation of your property as Dubai’s real estate market continues to grow and mature.
Invest in dubai from India
  • Low taxes: Dubai has a very attractive tax regime for investors, as there are no income taxes, capital gains taxes, or property taxes in the city. You only have to pay a one-time registration fee of 4% of the property value when you buy a property 3. This means that you can keep most of your profits from your investment and enjoy a higher return on investment (ROI).
  • Easy ownership: Dubai allows foreign investors to own freehold properties in designated areas of the city 4. This means that you can have full ownership rights over your property without any restrictions or limitations. You can also sell, rent, or transfer your property as you wish. You can also obtain a residence visa if you invest at least AED 1 million (approximately INR 20 million) in a property 5.
  • High security: Dubai is one of the safest cities in the world, with a low crime rate and a high level of social stability. The city has a strong legal system that protects the rights and interests of investors and ensures transparency and accountability. Dubai also has a robust health care system that offers quality services and facilities to residents and visitors.

How to invest in Dubai from India?

If you are interested in investing in Dubai from India, you need to follow some steps and meet some requirements. Here are the main ones:

  • Find a reliable agent: The first step is to find a reputable and licensed real estate agent who can help you find the best property for your needs and budget. You can search online for agents who specialize in Dubai properties or ask for recommendations from friends or relatives who have invested in Dubai before. You should also check the agent’s credentials and reviews before hiring them.
  • Choose a property: The next step is to choose a property that suits your preferences and goals. You can browse online listings or visit properties in person with your agent. You should consider factors such as location, size, type, price, amenities, facilities, maintenance fees, rental potential, and capital appreciation potential. You should also compare different properties and negotiate the best deal with the seller.
  • Make an offer: Once you have chosen a property, you need to make an offer to the seller through your agent. You need to pay a deposit of 10% of the property value to secure the deal 6. You also need to sign a memorandum of understanding (MOU) with the seller that outlines the terms and conditions of the sale.
  • Apply for financing: If you need financing to buy the property, you need to apply for a mortgage from a bank or financial institution in Dubai or India. You need to provide documents such as your passport copy, visa copy (if applicable), income proof, bank statements, credit report, property valuation report, and sale agreement 7. You can get up to 75% financing for residential properties and up to 60% financing for commercial properties 8. The interest rates vary depending on the lender and your credit profile, but they are generally lower than in India.
  • Complete the transfer: The final step is to complete the transfer of ownership and registration of the property. You need to pay the remaining balance of the property value, the registration fee of 4%, the agent’s commission of 2%, and any other fees or charges 9. You also need to sign the sale deed and receive the title deed from the Dubai Land Department (DLD). You can then move into your property or rent it out as you wish.

Where to invest in Dubai from India?

Dubai has many areas that offer great opportunities for investors from India. Depending on your budget, preferences, and goals, you can choose from a variety of properties in different locations. Here are some of the best areas to invest in Dubai from India:

  • Palm Jumeirah: Palm Jumeirah is one of the most iconic and luxurious developments in Dubai. It is a man-made island shaped like a palm tree that offers stunning views of the Arabian Gulf and the Dubai skyline. It features villas, apartments, hotels, resorts, restaurants, and attractions. Palm Jumeirah is ideal for investors who want to enjoy a premium lifestyle and high returns. The average price for a villa in Palm Jumeirah is AED 10.8 million (approximately INR 216 million), while the average price for an apartment is AED 2.1 million (approximately INR 42 million) 10. The average rental yield for a villa is 5.1%, while the average rental yield for an apartment is 6.3% 11.
  • Dubai Marina: Dubai Marina is a vibrant and cosmopolitan district that offers a range of properties along a scenic waterfront. It features skyscrapers, marinas, malls, restaurants, cafes, and entertainment venues. Dubai Marina is ideal for investors who want to experience a dynamic and urban lifestyle and high returns. The average price for a villa in Dubai Marina is AED 5.6 million (approximately INR 112 million), while the average price for an apartment is AED 1.2 million (approximately INR 24 million) 10. The average rental yield for a villa is 4.7%, while the average rental yield for an apartment is 6% 11.
  • Downtown Dubai: Downtown Dubai is the heart and soul of Dubai, where you can find some of the most famous landmarks and attractions in the city, such as Burj Khalifa, The Dubai Mall, The Dubai Fountain, and Dubai Opera. It features luxury apartments, hotels, offices, shops, restaurants, and cultural venues. Downtown Dubai is ideal for investors who want to be part of the city’s action and glamour and high returns. The average price for an apartment in Downtown Dubai is AED 1.8 million (approximately INR 36 million) 10. The average rental yield for an apartment is 5.4% 11.
Invest in dubai from India
  • Jumeirah Village Circle: Jumeirah Village Circle is a family-friendly and affordable community that offers a range of properties in a village-like setting. It features villas, townhouses, apartments, parks, schools, shops, and clinics. Jumeirah Village Circle is ideal for investors who want to enjoy a peaceful and green lifestyle and high returns. The average price for a villa in Jumeirah Village Circle is AED 2.7 million (approximately INR 54 million), while the average price for an apartment is AED 600,000 (approximately INR 12 million) 10. The average rental yield for a villa is 6%, while the average rental yield for an apartment is 7% 11.
  • Arabian Ranches: Arabian Ranches is a prestigious and exclusive community that offers spacious villas and townhouses in a desert-themed environment. It features golf courses, polo fields, lakes, parks, schools, shops, restaurants, and clubs. Arabian Ranches is ideal for investors who want to enjoy a luxurious and serene lifestyle and high returns. The average price for a villa in Arabian Ranches is AED 4 million (approximately INR 80 million) 10. The average rental yield for a villa is 5% 11.
  • International City: International City is a unique and affordable community that offers apartments in different country-themed clusters. It features markets, shops, restaurants, cafes, and attractions. International City is ideal for investors who want to experience a diverse and multicultural lifestyle and high returns. The average price for an apartment in International City is AED 300,000 (approximately INR 6 million) 10. The average rental yield for an apartment is 9% 11.
  • Business Bay: Business Bay is a central business district that offers modern apartments and offices along an artificial canal

It features skyscrapers, marinas, malls, restaurants, cafes, and entertainment venues. Business Bay is ideal for investors who want to be part of the city’s economic growth and high returns. The average price for an apartment in Business Bay is AED 1.1 million (approximately INR 22 million) . The average rental yield for an apartment is 6.2% .

  • Burj Khalifa: Burj Khalifa is the tallest building in the world, standing at 828 meters and 163 floors. It offers luxury apartments, offices, hotels, restaurants, observation decks, and attractions. Burj Khalifa is ideal for investors who want to own a piece of history and prestige and high returns. The average price for an apartment in Burj Khalifa is AED 4.5 million (approximately INR 90 million) . The average rental yield for an apartment is 4.9% .

How to manage your property in Dubai from India?

If you invest in Dubai from India, you may wonder how to manage your property from afar. You may not have the time or resources to visit Dubai frequently or deal with the tenants, maintenance, bills, and taxes. Fortunately, there are solutions that can help you manage your property in Dubai from India without any hassle. Here are some of them:

  • Hire a property management company: A property management company is a professional service that can take care of all aspects of your property on your behalf. They can find and screen tenants, collect rent, handle repairs and maintenance, pay bills and taxes, and provide you with regular reports and updates. They can also advise you on how to maximize your income and value from your property. A property management company usually charges a percentage of the rent as their fee, which can vary depending on the level of service and the type of property .
  • Use a smart home system: A smart home system is a technology that can enable you to control and monitor your property remotely through your smartphone or computer. You can use a smart home system to adjust the temperature, lighting, security, appliances, and entertainment devices in your property. You can also use a smart home system to communicate with your tenants, check the status of your property, and receive alerts and notifications in case of any issues or emergencies .
  • Join a rental pool program: A rental pool program is a scheme that allows you to share your property with other owners in the same development or area. You can join a rental pool program if you want to reduce the risk and hassle of managing your property individually. You can also benefit from the economies of scale and the marketing power of the rental pool program. A rental pool program usually operates through a hotel or resort that manages the properties and distributes the income among the owners according to a predefined formula .

Conclusion

Investing in Dubai from India is a smart and profitable decision that can help you diversify your portfolio, enjoy high returns, and benefit from a stable and secure environment. Dubai offers a range of opportunities for investors from India who want to buy properties in different areas and types. You can also easily manage your property in Dubai from India by using various solutions that can save you time and money.

If you are interested in investing in Dubai from India, you should contact Besic-PMS today. We are the best company for real estate investing in Dubai. We have a team of experts who can help you find the best property for your needs and budget. We can also help you with the legal and financial aspects of buying a property in Dubai. We can also provide you with property management services that can ensure your peace of mind and satisfaction.

Don’t miss this opportunity to invest in Dubai from India. Contact Besic-PMS today and let us help you achieve your dreams.

FAQs

Is it safe for Indian to buy property in Dubai?

As per Indian laws, purchasing a property in Dubai is legally okay. The Foreign Exchange Management Act (FEMA), enacted in 1999, is the governing law for such purchases by Indian citizens. Further, as per the Liberalised Remittance Scheme (LRS), a resident can invest up to $250,000 in properties abroad.

Why Indians should invest in Dubai?

Dubai’s booming real estate market combined with India’s strong economy and currency value against the UAE dirham means your money goes further when investing in Dubai property. The new 5% value-added tax on commercial and residential property sales in Dubai starting in 2023 will increase the cost of real estate.

Is it profitable to invest in Dubai?

Dubai property investment has become a lucrative venture over the years as it offers a plethora of opportunities for investors seeking a unique combination of high returns and low risk in a country with a stable economy, tax-free environment, and cosmopolitan lifestyle.

How much is Indian investment in Dubai?

Between 2015 to 2021 alone, India investors purchased real estate worth AED 83.62 billion in the city. Aside from residential properties, Dubai is also home to significant commercial real estate projects, including office spaces, retail canters, and hospitality properties.

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