In Dubai, the property purchase system is run differently than in many other countries, and this is one of the great advantages of investing there.
Collateral
No need for a law firm
In Dubai, there is no requirement to involve a law firm in real estate transactions, as the Emirati government has developed a unique system that ensures comprehensive oversight of the transaction. Instead, the process is carried out through government bodies and qualified professionals.
Supervision by the UAE government
The Dubai Government, through the Dubai Land Department (DLD) and related entities, directly oversees the process. The DLD is responsible for ensuring that transactions take place in an orderly and transparent manner:
* Transaction funds are deposited into an Escrow account managed by a regulated entity.
* The money is transferred to the developer or seller only after the milestones set in the contract are completed.
Investor protection
The Dubai government requires developers to open trust accounts for each project.
These accounts are managed by authorized banks, so your funds are protected.
The goal is to ensure that the money paid for assets is used solely for the purpose of building the project.
Transparency in the process
* All transactions are recorded digitally through the DLD system.
* When purchasing a property, your right is registered in the Title Deed, an official document from the Dubai government that confirms ownership of the property.
Why is it considered safe?
Unlike systems in other countries where there is a risk of fraud, Dubai's system is designed so that you don't have to rely solely on the seller or developer.
There are no cases where an entrepreneur took money and disappeared, because the government oversees every step of the process.
The Dubai government has taken on the responsibility of protecting investors and managing the process in the most efficient and secure way.
Payments plan
Example of an apartment purchased for 2,000,000
Case opening fee of approximately 3000 dirhams + down payment of approximately 20% for a total of 400,000
5% payment in 4 month – 100,000
5% payment in 8 month – 100,000
5% payment after 20% of construction is completed – 100,000
5% payment after 30% of construction – 100,000
5% payment after 40% of construction – 100,000
5% payment after 50% of construction – 100,000
50% after receiving key + 2% DLD 1,000,000 + 40,000
There is no taxation in the Emirates. After opening a bank account, the money can be transferred to a bank in Dubai without taxation.
Regarding transferring money to Israel, everyone should check with their tax advisor.
Open an Emirati ID card + bank account (no more than two weeks and no need to arrive in Dubai for more than two days) - For purchases over 750,000, you receive a two-year visa - For purchases over 2,000,000, you receive a Golden Visa for ten years
We have compiled answers to all your questions for you.
Why invest in Dubai?
• Annual returns among the highest in the world (7%-12%).
• Zero income tax on real estate and rental profits.
• A strong, international city that is developing at a dizzying pace.
• An advanced, clear and secure regulatory system.
How do you manage a property remotely?
Local management companies handle all aspects – marketing, contracts, maintenance
and rent.
• Full online tracking through digital platforms.
How is the property registered?
After the purchase, you will be issued a “Title Deed” – an official government document.
Dubai.
Why rent long term?
Stable income and constant demand from residents and business people.
Why rent short term?
Extremely high profitability in tourist areas through Airbnb, Booking
and more.
Are there taxes on profits?
No. There is no tax on rental income or real estate profits in Dubai.
What is an Escrow Account?
A supervised account in which buyers' funds are held until the project phases are completed.
How do you transfer money to Dubai?
We work with secure transfer companies like Covercy for fast, professional service.
and safety.
