UAE Property Market: answers to the most frequently asked questions

1. Is it safe to transfer money from all over the world?

Yes, transferring money to the Emirates is absolutely safe. We provide assistance with transfers, selecting the most convenient and profitable options for you.

2. What is the starting price of apartments in Dubai?

Housing prices in Dubai depend on the category of the property:

• Comfort: from $160,000
• Business: from $200,000
• Premium: from $300,000
• Elite: from $1,000,000

3. Are installments available to foreigners?

Yes, foreigners can use installments to purchase real estate in the UAE. Installments are provided for a period of 2 to 8 years with an interest rate of 0%.

4. Can a foreigner take out a mortgage from a Dubai bank?

Yes, foreigners can get a mortgage from Dubai banks. For approval, you must provide the following documents:

• Residency in the UAE
• Employment in the UAE
• Official income of at least $4,000 per month for six months
• Good credit history

5. How much do you need to reserve a property?

In most cases, a 10% deposit of the property's value is enough to reserve the property. However, the prepayment amount may be less depending on the project.

6. What is the expected return on investment?

The return on investment in UAE real estate may vary depending on the chosen strategy:

• Rental: 6-12% per annum
• Resale with leverage in the form of installments: from 15% per annum

More detailed information about each strategy is provided during free consultations.

7. Is it possible to earn 50% per annum on Dubai real estate?

In some cases, yes, our clients have had such cases. However, this is rather an exception to the rule. You should not focus on such high indicators, since a competent selection of investments in highly liquid projects and constant analysis of the UAE real estate market play a large role here. But with the support of Mercury Group experts, everything is possible!

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