Frequently Asked Questions
Question about Investing in Dubai Real Estate
Dubai’s real estate market offers strong returns on investment, with growing demand from both local and international buyers. OME Real Estate provides expert advice to help maximize your investment.
Popular investment areas include Downtown Dubai, Palm Jumeirah, and Dubai Marina. OME Real Estate offers tailored recommendations based on your investment goals.
The average ROI in Dubai varies by area but typically ranges from 7% to 10%. OME Real Estate helps you identify the best properties to maximize returns.
OME Real Estate offers full property management services, including tenant screening, rent collection, maintenance coordination, and regular inspections to ensure your property remains in excellent condition.
Yes, foreign nationals can purchase property in designated freehold areas in Dubai. OME Real Estate can assist you in finding the right property and help you navigate all legal requirements.
Purchasing a property worth AED 750,000 or more qualifies you for a residency visa. OME Real Estate can guide you through the application process and assist with all visa requirements.
Yes, investing in property worth AED 750,000 or more qualifies you for a residency visa. OME Real Estate will assist with both the property purchase and visa application.
Dubai offers a tax-free environment, making it highly attractive for real estate investors. OME Real Estate helps investors understand all the costs involved.
Off-plan properties are those still under construction. OME Real Estate helps you invest in off-plan properties, often offering flexible payment plans and potential capital appreciation.
OME Real Estate’s experts help you analyze market trends, property types, and locations to make the most informed investment decision.
Question about Buying Property in Dubai
Foreign nationals can buy property in designated freehold areas. OME Real Estate will guide you through the entire process, from selecting a property to managing legal requirements.
You’ll need a valid passport, proof of income, and a down payment. OME Real Estate assists with preparing all the necessary documents.
Yes, expats can secure a mortgage from various banks in Dubai. OME Real Estate helps you navigate the mortgage process and find the best rates.
The minimum down payment for expats is typically 20% of the property price. OME Real Estate can help you determine the exact requirements for your purchase.
The process usually takes 30 to 45 days. OME Real Estate ensures a smooth and efficient transaction from start to finish.
In addition to the purchase price, you’ll need to budget for fees such as registration, agent commission, and maintenance. OME Real Estate will provide a detailed cost breakdown
Purchasing property worth AED 750,000 or more qualifies you for a residency visa. OME Real Estate assists with both the property purchase and visa application.
Question about Selling Property in Dubai
To sell your property, contact OME Real Estate for a valuation and listing service. We will handle the entire process, from marketing to closing the sale.
Seller costs include agent commissions (typically 2%), property transfer fees, and other related costs. OME Real Estate provides a detailed cost breakdown to ensure transparency.
Selling property can take anywhere from a few weeks to several months, depending on market conditions. OME Real Estate employs effective marketing strategies to expedite the process.
No, you can sell your property with an outstanding mortgage. OME Real Estate will work with your bank to settle the mortgage during the sale process.
You will need the property’s title deed, your passport, and any mortgage settlement documents. OME Real Estate will guide you through the paperwork.
Market trends fluctuate, but OME Real Estate monitors the market closely and advises sellers on the optimal time to list their properties.
Yes, OME Real Estate utilizes global platforms to reach both local and international buyers, ensuring maximum visibility for your property.
Question about Renting Property in Dubai
OME Real Estate offers a wide range of rental properties. We’ll help you find the perfect home and handle all the leasing paperwork.
You’ll need a copy of your passport, visa, and Emirates ID. OME Real Estate ensures you have all the necessary paperwork in place before signing the lease.
A security deposit is usually 5% of the annual rent for unfurnished properties and 10% for furnished ones. OME Real Estate will guide you through the payment terms.
Yes, rent can often be negotiated. OME Real Estate negotiates on your behalf to ensure you get the best deal possible.
In most cases, utilities are not included, but some landlords offer all-inclusive packages. OME Real Estate will clarify the rental terms for you.
Tenants usually have the option to renew their lease annually. OME Real Estate will assist you in negotiating new terms or securing a new lease if needed.
Breaking a lease may require penalties, but OME Real Estate helps negotiate favorable terms with landlords to minimize costs.
Question about Property Management in Dubai
OME Real Estate offers services like tenant screening, rent collection, property maintenance, and regular inspections to keep your property in top condition.
Property management fees vary but are typically 5% to 7% of the annual rent. OME Real Estate provides transparent pricing tailored to your needs.
Yes, we manage both long-term and short-term rental properties, including vacation homes and serviced apartments.
OME Real Estate markets your property across multiple platforms to attract high-quality tenants and handles the entire leasing process.
OME Real Estate ensures all tenants provide a security deposit, which can be used to cover damages. We also handle any legal disputes related to property damage.
OME Real Estate conducts regular inspections to ensure your property is well-maintained. Inspection frequency is determined based on your preferences.
Yes, we manage all tenant interactions, including complaints and maintenance requests, to ensure a smooth and hassle-free rental experience for both owners and tenants.