The UAE is considered as one of the best place to invest in real estate: instead of taxes on maintenance, rent, sale and inheritance you only pay registration fees, which are most often included in the utilities. Therefore, you do not need to submit annual reports as a foreigner: everything happens automatically. Citizens of other countries can buy, rent and sell residential and commercial real estate in the UAE without restrictions. And it makes no difference-through an individual or a company. How much will you have to spend on a "communal apartment" and are the costs comparable to the income in the Emirates? Read our article.
Real Estate Taxes
There is no mandatory annual property tax in the UAE, but there is an annual fee for the owner. The money goes to the maintenance of the building in which the apartment is located: maintenance of the common area, cleaning and checking the appliences, major repairs, playgrounds, gym, etc. The exact amount is determined by the developer, depending on the area of the apartment and the rates for a particular project.
The average annual rate is $14.6–58.7 per sq.m.
No tax reporting is required: the amount will be deducted from the owner's account automatically. It is worth remembering that in the UAE, payment for the maintenance of the house is made in advance, for a year in advance. And even if the apartment is rented, the owner is the one to pay.
What you can buy in the UAE right now:
1 022 620 €
House in Dubai, UAE
271 sq.m22
HORIZON REALTY is honoured to present top you this Townhouse,Meydan,MBR City,Dubai. Features and Amenities: -Swimming Pool -Retail Outlets -Gymnasium -Kids Play Area -Ample Parking Space -Walking & Jogging Tracks -Parks & Gardens -Schools & Nurseries
Payment Plan: *15% down payment on booking. *5% 1st installment 1 month after...
Horizon Realty
673 819 €
Apartment in Dubai, UAE
106 sq.m11
HORIZON REALTY is honoured to present to you this apartment,Safa One de Grisogono ,Wadi Al Safa 5.
Features and Amenities:
-Sitting areas and Parks
-Tropical island on the roof
-Infinity Pools
-Concierge and Valet Services
-Gym
-Retail Outlets
-Leisure Areas
-Beach to your door
-Leisure dining options
-Spa care
Payment...
Horizon Realty
243 000 €
Flat in Dubai, UAE
38 sq.m
Exclusive project with an interior from Aston Martin in Dubai, UAE – buy in Mayalanya
Mayalanya Group
341 000 €
Flat in Dubai, UAE
55 sq.m21
The first residences under the FashionTV brand in Dubai . The haute couture lifestyle, where individuality is glorified and fashion comes to life every day. Fall over your ears while enjoying a luxurious life.One of the tallest towers of Jumeirah Village Triangle.
The tower will be equipped with a variety of world-class amenities, including a...
Renaissance Estate
483 400 €
Flat in Dubai, UAE
76 sq.m21
This stunning 1 bedroom apartment is located in the heart of the city, in the Business Bay area, offering the perfect combination of luxury and convenience. Main features of the project: Excellent location: The building is located in the heart of Dubai's business district, Business Bay. Modern architecture: The building has an elegant and modern...
Renaissance Estate
286 200 €
Flat in Dubai, UAE
70 sq.m32
APARTMENT CHARACTERISTICS:
Private Jacuzzi and private steam room in the apartment
Swimming pool and gym in the building
Amazing smart glass
High return on investment
Lake view
Close to the metro and marina
Private parking
Fully equipped for Airbnb
LOCATION MAP OF AED :
5 km from The Walk at JBR
10 km from Mall of the...
Renaissance Estate
377 200 €
Flat in Dubai, UAE
125 sq.m32
View of the lake and golf course
- Balcony
- Rented
Getting to and from the tower is easy, as Sheikh Zayed Road is a short drive away.
Public transport is also easily accessible. This is a 39-storey residential tower in the Jumeirah Lake Towers V cluster in Dubai. It offers views of Lake JLT. It offers apartments with 1, 2 and 3 bedrooms.
The...
Renaissance Estate
688 400 €
Flat in Dubai, UAE
117 sq.m32
Private balcony
Fully equipped kitchen
Built-in wardrobes
Parking lot
Huge floor-to-ceiling windows
Amazing view
This amazing house offers ready-made and rented apartments with 1-4 bedrooms, as well as penthouses with 6-7 bedrooms. All open-plan apartments have floor-to-ceiling windows and balconies. Residents will have access to several...
Renaissance Estate
702 300 €
Flat in Dubai, UAE
111 sq.m32
Apartments with high-quality finishes and stunning views, located in the heart of the Business Bay, with easy access to the main areas of the city such as Downtown Dubai and Dubai Marina.This is an immaculately designed project with first-class finishes, these rooms offer an exquisite living environment with stunning panoramic views of the...
Renaissance Estate
3 891 143 €
Townhouse in Dubai, UAE
471 sq.m446
Property Details:
* 4 Bedrooms En suite
* Private Pool with a garden
* Furnished
* Service charges waiver
* VACANT
Features and Amenities:
- Private beach
- Fitness center
- Tennis court
- Swimming pools for children and adults
- Children’s playground
- Barbecue area
- Underground parking lot
- Water sports
-...
Metropolitan Premium Properties
403 899 €
Flat in Dubai, UAE
61 sq.m212
ResidenceOnline ViewingRemote Transaction
Apartments with stunning panoramic views of the lagoon! The apartments are furnished and all kitchens are equipped with Siemens branded appliances! Interest-free installments! A wonderful apartment for living, investing and renting!
The comfortable 310 Riverside Crescent Complex is located in the Bukadra area.
Facilities and infrastructure:...
DDA Real Estate
402 658 €
Apartment in Dubai, UAE
60 sq.m112
Ideally situated next to downtown and Dubai’s prime economic hubs, THE PARAGON by IGO combines sophisticated city style with all the benefits of trendy community living. An upscale lifestyle with more amenities than you could dream up, these apartments are created for the future-minded investor who won’t settle for anything but unmatched...
Metropolitan Premium Properties
202 018 €
Flat in Dubai, UAE
58 sq.m211
Online ViewingRemote Transaction
Invest in real estate in Dubai: record profits and guaranteed security!
- It is not taxed on the ownership of real estate and rental;
- Real estate is growing in price by 5-7% per year;
- Interest-free installments up to 3-5 years;
- The best facilities at the best prices;
- Strong liquidity;
- High income of 5-8% with annual rental;...
DDA Real Estate
1 258 935 €
Apartment in Dubai, UAE
133 sq.m223
Metropolitan Premium Properties
457 820 €
Apartment in Dubai, UAE
55 sq.m112
Property Details:
* 1 Bedroom
* 2 Bathrooms
* 1 Car parking
* Premium Location
* Modern Finishing
Community Amenities
* Brightly lit, contemporary lobby to welcome residents
* Spectacular pool overlooking Burj Khalifa and Downtown Dubai
* State-of-the-art dual-level gymnasium
* High-speed elevators
* Security with...
Metropolitan Premium Properties
890 000 €
Apartment in Dubai, UAE
216 sq.m433
Online ViewingRemote Transaction
Luxury Apartments in High-End Project in Jumeirah Village Triangle in Dubai
The apartments are in a prestigious residential project in Jumeirah Village Triangle (JVT), just a short distance from Dubai Marina. The impressive 40-story tower stands out with its unique exterior design and its prime location at the center of the Jumeirah Village...
TEKCE
375 842 €
Flat in Dubai, UAE
71 sq.m211
ResidenceOnline ViewingRemote Transaction
An apartment with a gorgeous panoramic view of the community! High profitability (ROI - 6.7% in $)! Perfect for living, investing and renting! Orchid in the coastal area of Creek Beach, a few steps from the beach!
Year of completion: 2025
Floor: 5
Conveniences:
- Barbecue areas
- The hall
- Fitness club
- Children's Park
-...
Luxury overseas real estate
415 082 €
Flat in Dubai, UAE
116 sq.m212
ResidenceOnline ViewingRemote Transaction
Apartments in the exceptional Luma Park Views project in the heart of Jumeriah Village Circle! Apartments for living and investment! Rental yield - from $ 1100 per month! Installment plan 0%
The deadline is 3q. 2026.
The apartments are offered unfurnished, with a fully equipped kitchen.
Facilities: 2 swimming pools, 2 modern gyms, 24-hour...
Luxury overseas real estate
685 985 €
Flat in Ajman, UAE
246 sq.m433
ResidenceOnline ViewingRemote Transaction
Apartment in the modern Gateway Porto complex! With panoramic breathtaking views of the natural mangrove reserve and golf farm! Interest-free installments! Suitable for living and investing!
Conveniences: swimming pool, pool terrace, golf course, cafes and restaurants, extensive coastline 12 km long, landscaped grounds, exclusive beach club,...
Luxury overseas real estate
559 558 €
Apartment in Dubai, UAE
98 sq.m222
Property details:
* 2 Bedrooms Plus Study
* 2 Bathrooms
* Size: 1,058sq. ft.
* View: Amazing
* High Floor
* Premium Finishes
* Post Handover Payment Plan
* Ideal Location
* Seller Highly Motivated
Facilities: * Swimming Pool
* State-of-the-Art Gymnasium
* Kids' Play Area
* BBQ Zone
* Retail Outlets
The tower...
Service system houses calculate the amount of payment on the basis of meter readings, the rates depend on the number of guests in the apartment people, space and time. The air conditioning system is centralized, and the housing insurance is voluntary.
What other features?
The owners conclude contracts for the supply of resources independently, in their own name. If a new building is initially rented out for a long time, most often this issues are solved by tenants.
The main items of expenditure are electricity, water, garbage collection and fuel collection. Gas is almost not used in the UAE, mainly electric stoves are used for cooking. The supplier of water and electricity is the Dubai-based DEWA company.
70-80% of Dubai residents are visitors, which is very profitable for the country, since only they pay the water and electricity bills. Citizens of the Emirates (as well as Kuwait and Libya) they are partially exempt from this obligation: their expenses are covered by the state up to a certain extent. The "punishment" for overspending is a full payment for utilities.
Instead of heating (which in the UAE is not necessary even in the coldest period of the year), residents of Dubai pay for air conditioning. Each district has its own centralized cooling system. Such a system is significantly cheaper than individual devices. It is interesting that the condensate, which is formed from such installations in a huge volume, is used for watering common areas.
About expenses
The average monthly bill for an apartment of 85 square meters (for two people) is $180 (excluding Internet and house maintenance). The cost of electricity and water starts at $50 per person, and the cost of air conditioning depends on the season and the area: $70-120 when it is particularly hot, $40-70 in winter. For the Internet, you have to pay another $100-120 per month.
When it comes to a private house, you should add cleaning of the water tanks ($130-250 per year), gardening and cleaning the pool ($1,000 per year).
The Cost of Living
Revenue. The state does not regulate the minimum and average salaries in the country. But one thing is for sure: foreigners receive 30-40% less than locals with identical education and experience. Seasonal workers and handymen have the lowest incomes. Their income of $300-400 is taken as the minimum. People who have at least some qualifications receive $2,000–2,500.
The average salary is about $4,500. Doctors, lawyers, pharmacists and engineers earn significantly higher than this bar. Office assistants, cashiers, receptionists, bartenders receive at the level of $2,000–2,500. Low-rate jobs usually assume that the employer provides housing, covers the cost of transportation, and partially or completely covers the cost of food.
Housing. To rent a single apartment in the center of Dubai, you need about $1,500–1,600 per month, a three-bedroom - $3,000–3,200. Outside of the center, you have to pay about $1,000–1,100 for a one-bedroom, and $2,100–2,300 for a three-bedroom.
In rented housing, payment is usually made in four checks. The rent for three months is immediately paid. Plus, a deposit of 50-100% of the monthly rate is required upon check-in. Usually, if you pay immediately for six months, the owner offers a good discount.
Meal. Buying food in the UAE is not so expensive: a liter of milk costs $1.6, bread – $1.4, a kilo of rice – $1.9, a dozen eggs – $2.9, a kilo of chicken fillet – $9, beef - $15. A kilogram of fruit usually costs $1.5–2.0, vegetables - $1-2 (we are talking about local products). For a kilo of fish on the market take $7-8. If you eat at home, the average meal will cost $300-400 for two people.
For lunch in an inexpensive cafe, you will give about $10, for a full dinner for two (without alcohol) - $60-70. A combo lunch at McDonald's costs $7.6, but for a cup of cappuccino you will have to pay about $5.
Transport and communication. The cost of a single trip in public transport is $1.5–2.0, depending on the distance. A monthly pass will cost $85. And a kilometer of a taxi ride is about $0.7. A liter of gasoline in the country costs $0.5, a car rental is $400 per month. For mobile communication with the included Internet package, you will have to pay $30-40 per month.
Entertainment. A ticket to the cinema costs $15-17, to the theater - $25-30. A gym membership costs about $80-100.
Renting
Profitability. According to the analytical portal Global Property Guide, apartment with an area of 120 sq. m in the center of Dubai is available for $710,160 (the average rate per square meter is $5,918). If you rent an apartment for $3 thousand a month, the annual return will be 5.2%.
Bids. We have already discussed the long-term lease above. As for the short-term-good apartments in the center of Dubai rent for $70-80 per night minimum. During the season, the fee may increase by 2.0-2.5 times.
Taxes. Homeowners do not pay tax in Dubai on the income from renting out real estate. But there is a fee of 5% of the rate specified in the contract. This amount is automatically added to the utility bill and paid together with water and electricity to those who actually live in the apartment (for example, the tenant). In the case of commercial real estate, this fee is 10%, but the payment scheme is the same.
Management company. In the Emirates, the function of the management company is usually performed by the developer themself or a representative company. The main functions are the maintenance of housing (including cleaning, furniture cleaning and maintenance) and rental (search for tenants, conclusion of a contract, control of payments and the safety of property, etc.).
Trends. The Dubai market is currently oversupplied. As a result, prices are falling, especially for apartments, the villa segment has more or less stabilized. In 2021, developers want to release fewer projects to actively sell off inventory. However, for example, JLL predicts a further decline in the UAE real estate market.
Taxes. As in the case of rent, there are no taxes on the saling your property, only a fee for registering the property in the register in the amount of 4% of the value, specified in the contract. As a rule, the seller and the buyer divide this amount in half. The fee is paid directly to the Land Registry on the day of the transfer of ownership rights.