"The Sole Authorized affiliate of Damac Properties, exclusively based in Toronto, Canada"

FAQs

We have two answers to this question, Yes and No. Yes, if you compare the price & luxury of apartments or villas in Dubai with other top destinations in the world. No, if you just consider the price of the property and lifestyle in Dubai. 
Yes, Dubai is one of the most expensive cities (23rd) in the world, but less expensive than New York and other top cities in the world. 

The house rent in Dubai varies from location to location and property type. For example, rent of any property in Dubai Downtown is more than in Dubai South. Average annual rent of studio apartments in different locations in Dubai

  • Palm Jumeirah  AED 68, 000 (US $18,500)
  • Downtown – AED 62, 000 (US $16,900)
  • Dubai Marina – AED 45, 000 (US $12,250)
  • Jumeirah Village Circle – AED 29,000 (US $7,900)
  • Dubai Silicon Oasis – AED 24, 000 (US $6,500)

Yes, you can buy property in cash anywhere in Dubai, UAE. 

The answer to this question depends on your requirement & budget. For example, a small family with a good budget can consider luxury apartments in Dubai Downtown or Dubai Marina. A big family with a good budget can consider a villa or townhouse in DAMAC Lagoons or Emaar South. 

 

Yes, foreigners can buy an apartment in a designated free-hold area and rent or lease their property. 

Most of the rich people in Dubai live in the 7 most expensive neighborhoods.

  1. Palm Jumeirah Island.
  2. Emirates Hills
  3. Dubai Marina
  4. Umm Suqeim 
  5. Jumeirah Golf Course
  6. Downtown Dubai
  7. The Views

Yes, if you are a foreigner or ex-pat then you need a visa to live in Dubai.

Dubai offers an outstanding quality of life for everyone but it is your choice what you prefer. For example, if you prefer to live in high-rise towers with eye-catching views of Dubai then Downtown & Dubai Marina are the best place for you. But if you prefer to live in the middle of peaceful surroundings with the best amenities then communities like DAMAC Lagoons are the best for you.
Dubai Downtown, Business Bay, Dubai Marina, Dubai Hills Estate, and Palm Jumeirah are some of the best areas to buy flats in Dubai. Honestly speaking, currently entire Dubai Real Estate Market is in favor of buyers & investors, so almost every area is the best. 
  • Palm Jumeirah  AED 68, 000 (US $18,500)
  • Downtown – AED 62, 000 (US $16,900)
  • Dubai Marina – AED 45, 000 (US $12,250)
  • Jumeirah Village Circle – AED 29,000 (US $7,900)
  • Dubai Silicon Oasis – AED 24, 000 (US $6,500)
DAMAC Lagoons is the best place to buy villas in Dubai. Even though there are many communities in Dubai where you can buy villas in Dubai. But if you are looking for the best water-themed community then DAMAC Lagoons is the best.  
Yes, Business Bay is considered one of the best areas for real estate investment in Dubai, as the value of apartments in Business Bay has increased and recorded excellent growth rates of 18% in the last two years. 
Yes, you pay your rent on monthly basis or find an apartment with a monthly rent payment plan. 
No, rent in Dubai doesn’t include bills.
No, generally rent in Dubai is not include utilities. If you are living on rent or in your own accommodation in Dubai, you have to pay DEWA (Dubai Electricity And Water Authority) regularly. 

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