Why did Denis choose to invest in real estate in Dubai?

Introduction

In early 2022, Denis, a Moscow entrepreneur, turned to Dubai with the aim of investing in real estate. He quickly made a decision and completed the transaction remotely, without wasting time. Currently, Denis is in the process of obtaining a residence permit in the United Arab Emirates (UAE). The total amount of his investments was approximately four million dollars, among which he purchased several apartments for rental and is aiming to buy a penthouse for himself and his family.

Why Dubai?

What prompted Denis to choose Dubai? Having experience in investments, he had previously communicated with managers who advised on investments in European real estate, including France. However, in the end, he decided to focus on Dubai. He understood that it was important not only to preserve his assets but also to generate rental income from the property.

• Long-term residence permit.
• Low taxes.
• High level of security.
• Favorable tropical climate.

Moreover, obtaining a long-term residence permit became an important condition for him. He quickly chose Dubai due to its low taxes, high level of security, and favorable tropical climate. Denis already had experience visiting this city and was well acquainted with the local features. Having made his final decision, he relied on the materials provided by the developer without physically visiting Dubai.

Entrepreneurial perspective

In preparing to open a business abroad, Denis chose Dubai due to its favorable conditions for entrepreneurs. Having obtained a residence permit through his investments, he will be able to open a bank account in one of the local banks. After moving to the UAE, he will become a tax resident of the country.

Increase in real estate prices

Recently, it became known that the price of apartments has increased by 10% just a few weeks after his purchase. Denis invested in several properties: three studios that are under construction and one already completed apartment. He bought the completed apartment hoping to obtain a residence permit, which is only issued to foreigners after the construction of the properties is finished.

Resale opportunities

In addition, Denis is considering the opportunity to resell his apartments at the completion stage to profit from the price difference. Just two weeks after his initial investment, the developer announced a 10% price increase in this residential complex.

• The expenses amount to 4% of the purchase total.
• Currently, the increase in apartment prices has reached 6%.

Renting as an additional source of income

Denis paid special attention to the practice of long-term rental of his properties. All of his apartments are compact in size and located in a modern area in the city center, which ensures high liquidity. Moreover, after the construction is completed, the studios will be fully ready for occupancy — with quality finishes, kitchen appliances, and plumbing, which significantly increases their appeal to potential tenants. Thus, Denis not only secured a stable income for himself but also made a strategically sound choice that allows him to look confidently into the future.

Moving and buying real estate

After obtaining resident status, Denis plans to move his family to Dubai and is actively looking for a suitable place to buy a penthouse. Having successfully completed the deal online, he transferred the funds for the apartment purchase from his bank account in Russia.

The process of acquiring real estate

The process of acquiring real estate in this emirate begins with making a deposit required to reserve the property with the developer. This deposit is made through a special link associated with the unique client identification in the Dubai Land Department.

Digitalization of bureaucratic processes

The digitization of processes has significantly simplified bureaucratic procedures in Dubai.

Conclusion

In conclusion, Denis's investments in real estate in Dubai are a striking example of successful strategic thinking and determination. Given the rapid development of this region and its appeal to investors, Denis's decision is not only justified but also very promising. With low taxes, high safety standards, and a favorable climate, Dubai offers unique opportunities for foreign investors.

Denis's ability to make a purchase decision and complete the transaction entirely online demonstrates how modern and convenient business processes have become in the Emirates. He not only managed to invest his capital effectively but also obtained a residence permit, which opens up new horizons for him in terms of doing business and creating a family nest. His plans to develop his own business in Dubai show that he is not just an investor, but a determined individual looking to expand his horizons and opportunities.

Moreover, the increase in the cost of purchased apartments in just a few weeks has10%He talks about the profitability of the chosen investment strategy. Denis is considering various options, including renting and reselling properties, which shows his understanding of the market and his desire to maximize his income. With approaches like family planning and business development, he will be able not only to strengthen his financial position but also to create a stable foundation for the future.

His story is inspiring and shows that even from a distance, one can make informed decisions and successfully invest capital. It is important to thoroughly study the market and rely on expert opinions.

I am confident that such a bold and well-thought-out investment strategy will serve as an example for many entrepreneurs considering investments abroad. Denis has just begun his journey in Dubai, but the day is not far off when his achievements will become even more significant. I hope his example inspires many to pursue investments and open new opportunities in life.