My name is Nataly, top real estate broker in Russia, Dubai and Bali

If you want to wisely invest in real estate and increase your capital or need a professional to find your dream property for a living - contact me:

To begin with, let me describe the peculiarities of purchasing real estate in Dubai:

• The land upon which a house is built must be in a freehold zone, which grants unconditional property ownership rights to foreigners.
• The property purchase tax amounts to 4% of the property's value, plus an administrative fee (admin fee) of approximately $1,000. This is paid during the initial down payment and signing of the Sales and Purchase Agreement (SPA).
• All apartments come with finishes, kitchen fixtures, built-in furniture, and a parking space. Every building typically includes a pool and a gym.
• High-demand projects can sell out in a single day, sometimes requiring swift decision-making.
• Reservations typically range from 20,000 to 50,000 dirhams and are paid to the developer, often in cash, by check, or occasionally with cryptocurrency.
• The exchange rate is approximately 1 dirham to 24-27 rubles, with 1 dirham being equivalent to $0.27 (and it has remained stable for the past 20 years).
• The list of required documents for a transaction includes a passport, contact information (phone, email), and a mailing address where transaction-related documents will be sent.
• Mortgages are only available for properties that are 75% or more complete in construction.