Buying a property in Dubai has many advantages, one of the most notable advantages is the absence of taxes!

In the UAE there is no tax on real estate.& nbsp; Taxes such as: purchase tax, purchase tax, praise tax, rental tax do not exist. Dubai has VAT only and is at 5%, an advantage that attracts investors from all over the world. In January 2022, the tax treaty signed between the State of Israel and the UAE will come into force and will include all laws relating to investors in the Dubai real estate market.

• High yield from rental gains ranging from 6% -8%  (depending on the type of short-or long-term rental) and also areas reaching 10%.
• Political stability.
• The safest place in the world-almost zero crime.
• Total transparency regarding the registration of the property is taboo and an easy purchase process.
• Government and bank protection of real estate investors ‘ money in cases of bankruptcy on the part of the contractor.
• Growth of the real estate market and the potential for very significant capital gains. In 2021 alone, the volume of real estate transactions in Dubai stood at 177 billion dirhams.
• The UAE and Dubai in particular is one of the world’s most advanced cities, a global business hub that attracts investors from all over the world to work and live in.
• Strict rules apply to renters, who are usually obliged to pay a full annual fee upfront.

1. Personal Cracking Call – In the call we will understand your opening conditions, budget and return capacity, and we will build you an accurate investor profile with an accurate understanding of the right plan of action for you 
2. Build you a business plan-our team will build you an accurate business plan for a Dubai deal where we will understand exactly the risk, potential, leverage and monthly. 
3. returns Finding a custom deal-the team Our will find you the most suitable deal given your investor profile and based on market research, profit potential and a reliable contractor 
4. beyond the deal and armor-meet and review your relevant transaction, after you decide to go for it we will transfer an initial payment of 10k to the contractor for the property armor
5. Filling out the relevant forms – Our team will develop a unique WhatsApp group to accompany you through the process, where we will send and fill out all the forms required for the transaction
6. Transfer the balance of the initial payment-transfer the payment to the contractor for the purchase of the property

Prices per square meter in Dubai can range from 8,000 NIS to 40,000 NIS. The gaps are large and depend on the size of the unit, its price and its location. 

After signing the final contract called S.P.A-Sale Perches Agreement&nbsp ;You will receive by email a document called Oqood that proves the listing of the apartment in the Dubai Land Department. When the project is ready and you have completed the entire payment, this document will be replaced by another document called “Title Deed” that states that you are 100% owner. All this will be sent by Dubai’s Land Department D.L.D is responsible for all real estate issues.

Any ancillary payments?

The only ancillary payment to the state is 4% of the property price for registering the property in your name

Since 2008, a strict reform has been introduced in Dubai, which secures buyers ‘ money in escrow accounts. An escrow account with a bank that keeps buyers ‘ money.

Actually not at all. In a simple process, once you have chosen the right property for you, all you will need is to transfer your personal details and passport photo to your personal real estate agent who will do everything for you from A to Z.& nbsp; The payments will be made by bank or credit card transfer directly to the bank’s Nannemuth account that accompanies the entrepreneur. The real estate market in Dubai consists mainly of foreign investors who are not physically present and are managed only by brokerage agencies. That’s why in Dubai the remote buying process is familiar and very popular.

Obtaining bank financing for a foreign resident is a perfectly possible process. We at Horizon Dubai work in full cooperation with mortgage advisors who work with all banks in Dubai, providing up to 50% financing to foreign investors who purchase realestate in Dubai. Approval of the mortgage is provided that the construction of the property is completed. In addition, quite a few banks in the State of Israel and nonbank entities in Israel allow their customers to take out a mortgage for a property they purchased abroad.

Unlike a regular payment schedule known to Israelis, which extends throughout the construction period from the day of purchase to the day of the handover of the property, realestate investments in Dubai have the option of a financing plan directly from the contractor without interest and index.

This option varies from entrepreneur to entrepreneur.

Example of a payment plan:

20%- initial payment

1% monthly payment (just like an interest-free mortgage only )

30% – for 3 years after receiving the key.

A financing option from the contractor allows investors to spread out their investment budget in several properties at once (a cost-effective option that attracts many investors-the rent helps complete the payments to the contractor) 

We at Horizon Dubai invite you to contact one of our agents and find out which payment plans are available and which are best suited to your budget.

It is a government body responsible (inter alia) for registering the property in the name of the buyer, its acronym is Dubai Land Department (Land Department  Dubai) and is the Israeli equivalent of registering a property in Tabu.

The property registration process in D.L.D, requires the payment of a commission of 4% of the value of the transaction and applies to any buyer who purchases a property in the UAE, which must be paid concurrently with the first payment.

This payment may sometimes be offered as an offer by the entrepreneur in which he is launching a new project, and for a limited time offers full or partial participation on the D fee.L.D.

At the end of the registration process the buyer receives an official document on completion of the listing in his name from the Dubai Land Department.

The property was finished and you were given a key. If you purchased the property for investment, you can open a bank account in Dubai to transfer the rent to it. (In Dubai it is customary to charge tenants a year in advance.)

Any foreign resident who purchases property in Dubai & nbsp; may open an account at a local bank.

There are a large number of banks to choose from which almost all of them have the same criteria for opening a foreign account:

-Passport with Emirati entry certificate.

-S.P.A (original purchase contract).

Proof of residence in Israel (electricity, water or arona in his name).

– Proof of income source in country of origin (last 6 months salary slips with employer/ CPA stamp).

– Last 6 months of reports + Bank stamp.

* This procedure requires physical arrival and lasts 5-15 days.
This issue will stand up for you in due course.

Is there a contact person who helps with the process?

Of course,

this is why we are here,

at every stage of the acquisition process and after it,

our team in Israel and Dubai with you at every moment in a private WhatsApp group for every question and help

What is the minimum equity to invest in Dubai?

Apartment prices in the areas where we invest start at 550 thousand dirhams

in a payment plan of 10% at the point of purchase and 1% monthly payment will be required for equity of 65000 dirhams

and monthly repayment capacity of 5500 dirhams

or alternatively, in a payment plan of 30% at the beginning and 70% at the end of construction

will be required for 185 thousand dirhams as equity

*** There is an option to test a loan under special conditions to complete the equity, fill in details and we will help with this as well:)

Prices for new apartments in projects start from 600,000–700,000 dirhams (about 600-700 thousand shekels). This is a relatively accessible entry into an international real estate market with high yield potential.

In most of Dubai’s major regions, the annual return is around 6% -8% net, compared with only 2% -3% in Israel. In new neighborhoods with high demand, even 10% can be reached.

Purchase in a project in the planning stages / construction allows entry at a significantly lower price than a ready-made apartment. Plus, payment plans are very convenient, usually with a small down payment and regular monthly payments. Not only that, the increase in the value of the property in the building stages is more aggressive and therefore very lucrative.

A management company typically charges 10-15% of the annual rent, and in return handles the rental, maintenance and communication with the tenants. This allows an Israeli investor to benefit from a completely passive investment. At Horizon Dubai we offer a short-or long-term management company of the investor’s choice

Yeah. An investment of 750,000 dirhams or more entitles the investor to a two-year investor visa and gives the right to live, work and live in Dubai. Those who invest 2 million dirhams or more can get a 10-year Investor Visa (Golden Visa). 

The main risks are mostly choosing a bad neighborhood and working with a bad contractor. That is why it is important to choose a project of a recognized entrepreneur, with a strategic location and a clear payment plan. The big advantage still exists in Dubai – the market is regulated by RERA (Real Estate Regulatory Authority), which gives investors high confidence and imposes fines on contractors who fail to meet targets

The process is relatively quick – from the time the property is selected to the Tabu listing usually takes only 2-4 weeks. In the purchase “on paper” registration is already carried out with the initial payment.

Yeah. Most projects have a “resale” option after a certain minimum payment (usually 30% -40% of the property). This allows for a capital gain even before the project is actually ready.

Typically studio apartments and 1-bedroom apartments are the most popular for long-term rentals, especially near business areas. For families-2-3 room apartments near schools and parks are the strongest.

No. The entire purchase process can be completed remotely using a certified notary and power of attorney. However, most investors prefer to come at least once to see the project with their eyes.