Is Dubai property a good investment?
Signed by: Sarah Al Qasimi (Lead Editor). Fact-checked by the full editorial team.
Related Questions
What are typical service charges in Dubai?
Apartment service charges: AED 10–30 per sqft per year depending on developer and facilities. A 1,000 sqft apartment with AED 15/sqft service charge costs AED 15,000/year. Villas typically AED 5–20/sqft. Always check the RERA service charge index for the specific building before buying. High charges significantly erode rental yield.
How do off-plan property payment plans work in Dubai?
Typical structure: 10–25% booking deposit, 5–10% on Sale and Purchase Agreement signing, milestone payments during construction (every 5–20%), and 30–40% at handover. Post-handover payment plans (paying 30–50% after completion over 2–5 years) are increasingly common. Funds must be deposited in an RERA-regulated escrow account.