johnyzee

Does anyone know a place online for Dubai/UAE/GCC real estate? It must include prices and pictures. I tried the big contractor sites but they just have generic descriptions of their different projects.

From experience, what would you people think would be the price range of a one or two bedroom flat in Dubai (high to low)?

Are all Dubai house loans based on interest (what with their so called islamic banks)? Or are there other systems and how do they work? What is the interest rate on a house loan, or the equivalent if there are other types of financing?

Appreciate any info on this!

CasaNova

Two bedrooom can be upto 65k per year. depending on the location this rate can go upto 160k!


Am i right guys?

johnyzee

Sorry for being unclear, I am asking about the price of buying the property, not renting.

An one more thing: If I buy an appartment I should get a residence permit automatically right? If so, will this permit be contingent on me having a job or actually staying in the country?

TA5

Technically yes, however in a conversation with some long-term residents the other day apparently not a single person has been able to take advantage of this so called 'benefit' of property ownership yet due to it not actually being a law...so literally...no

Fairydust

Is there not any links in the FAQ at top of ME forum index

Bob

there are....with links to other sites that could probably help out...not to mention probably most of the banks out there *l*

MJC

Correct me if I'm wrong (and I'm sure you will....) but the residency sponsorship piece is brought about by the developer sponsoring you. (I guess a bit like me sponsoring wife and kids) The sponsor can withdraw sponsorship at any moment, for any reason (you're late paying your bills perhaps?). If you're out of UAE for 6 months your residency automatically lapses.

Basically it's not it's all cracked upto, these marketeers eh?

Fairydust

Whereabouts are you at the moment - if you are in the UK can post the property pages to you next week as hubby going over - which might help?

shoushou

Hubby is the resident Fedex man????
Thats what I call personalized door to door delivery.....

Fairydust

Yes didn't I tell you that Just trying to help being the kind person I am

shoushou

The ubiquitous postman eh???


I better go out and sweep the 1,000dhs notes off the streets....

Fairydust

Don't understand any of your posts this morning Had a bad morning already, went to dentist (wrong day -appointment tomorrow) - came out of there and had a flat tyre - think somebody must be trying to tell me something

MJC

Would that be that because your dentist is a pathological liar and closet tyre-slasher...... That you should change dentists???

Fairydust

Think you have hit the nail on the head there (nail - flat tyre - get it!!!)

shoushou

Thats the effect of coke in the morning.....


And of course someone is trying to tell you something;you should have your priorities straight,have the flat tyre first and then,go to the dentist....