Dubai attracts most foreign investors with advantageous requirements for business development, a loyal attitude towards entrepreneurs from abroad, and various facilities and prices. Even though there are territorial restrictions on the purchase of objects in the UAE, in particular freehold areas, alien residents can buy property in Downtown Dubai, UAE, with full ownership.

The most popular and comfortable area to live in Dubai

The Downtown area has become the most famous among customers and residents of real estate in Dubai. It has everything you need for a rich life with family or alone. Married couples with children will find a lot of:

• parks; 
• cafes; 
• playgrounds; 
• creative studios. 

Self-sufficient people will appreciate the nightlife, exclusive restaurants, and bars.

The essence of freehold zones

Freehold Zone - a territory where an alien resident can purchase any property in undivided possession and dispose of it at his discretion. Namely: live, purchase apartments for sale in Dubai and rent, resell or alienate. This restriction does not apply to citizens of the UAE and the Gulf countries.

According to Report 4 of Law No. 7 of 2006, alien people may own real estate without the condition of their own exclusively in areas specified by the Government of Dubai.

One of the finest places to purchase flats in Dubai

An essential element when selecting real estate in Dubai for investment objectives is the profitability of the object and whether you can get the most return on investment.

Read more about the freehold areas in which properties are for sale off pla in Dubai, and the conditions for buying them are the most attractive.

Downtown Dubai

The center of the Emirate combines high business and tourist activity. It sells residential and commercial properties, including popular off-plan projects in Dubai. Here you can see the Burj Khalifa and go to the Dubai Mall.

The area is comprehensively developed and offers a premium standard of living. The well-developed city center offers a premium lifestyle, studios, and 1-7 bedroom apartments.

The average cost of apartments here is 1537 dirhams (418 US dollars) per 1 m².

Arjan

This area is part of Dubailand. The residential community is discovered at Al Qudra Road meeting and Sheikh Mohammed bin Zayed Road. In Arjan, you can buy investment-attractive apartments in Dubai with 1, 2, and 3 bedrooms. A 1 bedroom apartment starts at AED 320,000 ($87,200).

Business Bay

This area is discovered near the center of Dubai and along the Dubai Canal. Business Bay is popular with foreign investors due to its well-developed infrastructure and world-famous appeals. In addition, Business Bay is one of the city's central areas with high business activity, so this area is in high demand among employees of local companies and firms, couples, and entrepreneurs. Here you can buy properties for sale off-plan in Dubai, studios, 1-, 2-, and 3-bedroom apartments, as well as four and 5-bedroom penthouses and duplexes.

The average cost of apartments here is 1345 dirhams (366 US dollars) per 1 m².

Assistance in buying property in Dubai

Are you planning to purchase real estate in Dubai or are you considering options in other equally picturesque areas of the Emirate? The https://www.axcapital.ae/ website contains the best offers from leading developers at attractive prices. Begin your quest for your ideal apartment today!

Who pays for the services of a broker?

The duty to indemnify a real estate agent lies with the one who hired him. However, this is only sometimes the case. In Dubai, the work of a realtor is paid by agreement, prescribed in forms A and B. If both parties hire an employee, they pay the appropriate share. This approach is especially typical for the secondary real estate sector. If the developer makes the sale of the object, then he also pays the agent's commission.

The broker can be very useful for the buyer, as he can influence the organization of the best conditions for the client, obtaining a discount or deferred payments. In addition, the specialist will not only find and show housing but also control the actual receipt of the keys.