Tag Archives: Dubai

4 Asian Countries with No Property Tax


Property taxes can have a huge impact on overseas investors’ buying decisions. With the growing interest in Asian markets, and especially developing markets, we need to keep in mind that tax rates can change fast.

Not only do developing countries change property taxes to attract more foreign capital or boost their economies. We also see sudden changes and the introduction of new taxes in places like Hong Kong, Singapore, and Korea.

This is mainly to avoid speculation, cool down the markets, and protect local citizens.

Interestingly, there are some countries that don’t charge any annual property tax to locals, or to foreigners for that matter. In other countries, the property tax is almost negligible.

In this article, you’ll learn the following:

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Top 11 Property Management Companies in Dubai: A Complete List


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Being one of the most prosperous and appealing cities in the Middle East, foreigners are moving to Dubai in vast numbers.

Even if renting property is a preferred choice among foreigners, it’s not optimal if you plan to stay long term. In fact, property prices are relatively low compared to the obscure rents that can be found in many places.

If you plan to buy a property in Dubai, you might need someone to look after it for you. Don’t worry, there are plenty of property management companies to choose among.

In this article, I’ve listed some of the biggest and most popular property management companies in Dubai.

1. Key One Properties

KeyOne Properties is an international real estate company and a subsidiary of KeyOne Realty, which was founded in 2006. The company currently owns three subsidiaries, all working in the real estate sector. These companies are:

  • KeyOne Real estate (realtor)
  • KeyOne Homes (holiday home short-term rental service)
  • KeyOne Properties (real estate management and long-term rental company)

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Dubai Real Estate Market Outlook in 2019: A Complete Overview


Dubai is the Middle East’s equivalent to Hong Kong and relies less on oil production compared to many neighboring countries. It’s been a hot-spot for foreign investors and seen a great growth in the past decades.

If you plan to buy real estate in Dubai, it’s important that you understand how healthy the market is and what you can expect in 2019.

In this article, I explain where Dubai’s real estate market stands right now, present data and analysis from previous years, and share my predictions for 2019.

Dubai’s real estate market in 2017 & 2018: A throwback

Before we try to forecast Dubai’s real estate market performance in 2019, it’s important that you understand how the market has performed the past years.

The market has had a turbulent time and some of its worst years in 2015 – 2016, when real estate prices declined much. Thus, the market has been in a recovery mode in 2017 – 2018.

Still, prices and rents didn’t fall as much during these years. For example, the average sales price decreased by around 5.6% in 2017 according to Savills, while the average rents fell by 7%.

We can call it a price correction for sure. The main reason behind the decline is that the market has became one of the hottest in the past two decades. In 2004-2006, this small city had 30,000 cranes, equaling to 25% of all cranes in the world, which speaks for itself.

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Buying Property in Dubai as a Foreigner: The Definitive Guide


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Dubai has opened up to foreign property buyers since 2002 and the property market has boomed since. We often read about developing countries like Vietnam or the Philippines, but previously having almost 25% of all the cranes in the world, ATMs that can dispatch gold and an economy that relies only 6% on oil exports, Dubai is becoming increasingly interesting to me.

It’s one of the most business friendly countries in MENA and grows with a rate of around 4%, which is not bad for a developed nation. If you buy property in a foreign country like Dubai, it’s important that you get your feet wet first. Therefore, I’ve written this article where I explain the key information you need to know when investing in Dubai real estate.

Can foreigners buy property in Dubai?

Since the Dubai government introduced new ownership regulations in 2002, it’s become remarkably easier to buy and own property as a foreigner.

Many say that Dubai is the easiest country to do business and to invest in real estate in the MENA region, something that probably doesn’t surprise you.

In total, you have three different property types available, that I want to present first:

  • Freehold properties (Musataha)
  • Long term leasehold (Usufruct)
  • Strata-titled properties (Commonhold)

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The 8 Best Areas to Buy Real Estate in Dubai: A Complete Overview


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Dubai is a sought after place when foreigners and expats move overseas. With a population that consists of 85% foreigners, property is fairly cheap on average, why rents are expensive in comparison.

If you stay in Dubai long term, I’d advise you to look around for potential property investments.

However, even if Dubai is fairly small, it’s important that you do research well in advance, to know which areas that suit you the most. Might it be a villa located in a calmer area, or a high-rise apartment with a nice water view.

In this article, I list some of the most interesting areas you should have a look at.

1. Downtown Dubai


If you’re standing right at the bottom of Burj Khalifa, the world’s tallest tower, you’re in Downtown Dubai. The area is among the most expensive areas in Dubai, known for its high-rise buildings and upscale community.

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4 Asian Countries with Long Term & Real Estate Investment Visas


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Before you pick a location for your next Asian property investment, it’s important that you do some research about the visa options available.

Having a long term visa, might it be an investment visa, will bring relaxation and not forcing you to leave a country every month, or so.

Luckily, you’ll find a handful of countries in Asia who have understood that foreigners want to stay there long term, bringing decent cash to the local economy.

In this article, I list 4 Asian countries that offer long term and real estate investments visas to foreigners. Let’s have a look.

1. Thailand


Thailand is the most visited country in Southeast Asia for many reasons. Expats, travelers and other foreigners alike can easily get accustomed to the high quality of life.

Personally, Thailand is one of my favorite countries to visit in Asia, I often make a trip once in a while, to recharge my batteries.

Even if Thailand might not be the best place for investors with a high risk appetite and to maximize yields, many foreigners (for example example Hong Kongers and Japanese) want to have property in a place that’s ‘livable’.

Proximity to their home countries is also of importance.

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Top 10 Real Estate Agencies in Dubai: The Ultimate Guide


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Buying property in Dubai is straightforward in comparison to many other countries in the region, and in Asia. You’ll find a big number of local and foreign owned agencies, ready to cater buyers.

But you rarely come across sites with summarized information about the top agents, a reason why I wrote this article, where I list top agents operating in Dubai. Let’s have a look.

Introductory remark

The agents are listed in a random order.

1. Allsopp & Allsopp

Allsopp & Allsopp was founded in Dubai in 2008, within a decade, they evolved into one of the best real estate agencies in Dubai. They’re currently considered as a market leader and had the highest percentage of sales in 2017. They also rank as the number one company in terms of sales transfers, according to the Dubai Land Department.

The company was founded by the British Allsopp family, with a goal to introduce a British-based agency model in UAE. The company has several English and Arabic speaking directors along with other multilingual staff.

Lewis Allsopp and Carl Allsopp are the founders of Allsopp & Allsopp, where Lewis acts as CEO, while Carl act as the group’s Managing Director.

In 2009, they were certified as a 9001: 2008 company, and in the same year, they became a member of the National Association of Realtors.

In 2012, they established another office in Dubai along with a sister company, In-House Mortgage Services.

Allsopp & Allsopp won more than 20 awards in the last few years that include:

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Top 10 Property Developers in Dubai: The Ultimate Guide


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In 2006, almost 25% of all cranes in the world were located in Dubai for constructing purposes. There’s been a property boom since the government introduced new property legislations in 2002, which favoured foreigners in a remarkably better way.

Dubai is the commercial center in the Middle East and it’s said that only 15% of its population are emirates, while the remaining 85% are foreigners.

Buying off-plan is a preferable choice for many investors, a reason why I’ve written this guide where you’ll learn more about some of the biggest and most popular real estate developers in Dubai. Let’s have a look.

1. Deyaar

Founded in 2002, Deyaar emerged as one of the leading regional property development companies in the last decade. Deyaar offers its services under four different business units that include:

  • Property development
  • Property management
  • Facilities management
  • Owner’s association management

In the beginning, Deyaar was working as the property management unit of Dubai Islamic Bank, but as the company expanded, it later became an independent private company.

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