To search for properties on Bilt Lij, simply navigate to our homepage and use the search bar. Enter specific details such as location, property type, and other preferences to find a list of available properties that match your criteria.
Absolutely! Bilt Lij welcomes property owners and real estate agents to list their properties for sale or rent. Click on the “List Your Property” button, follow the easy steps, and showcase your property to a broad audience.
We strive to keep our property listings as current as possible. Listings are regularly updated to reflect the latest information. However, for the most up-to-date information, we recommend contact us for more information
Bilt Lij offers a diverse range of properties, including residential homes, apartments, commercial spaces, and rental properties. Explore our platform to find the perfect match for your needs.
The contact information provided in our property listing on Bilt Lij allows interested individuals to reach out to us directly. Feel free to contact us through the provided details to inquire about the property or schedule a viewing. Additionally, you can connect with us through WhatsApp or Telegram for a swift and direct communication experience. We look forward to assisting you with any inquiries or property-related needs!
YES. In 2019, the UAE government introduced the Golden Visa system, offering long-term residence visas valid for 5 or 10 years. These visas are automatically renewable, provided all regulations are adhered to. Under this system, foreign nationals can reside, study, and work in the UAE without requiring a national sponsor. Additionally, they have the privilege of 100% business ownership on the UAE’s mainland.
Eligibility for the Golden Visa includes several categories: investors, entrepreneurs, students with exceptional scientific abilities, specialized talents, and researchers across various fields of science and knowledge.
Off-plan property in Dubai refers to real estate that is currently under construction. It is a favored choice among both end users and investors. The appeal lies in its lower initial purchase price compared to ready-to-move-in units. Additionally, there is an opportunity to resell off-plan property before completion, potentially yielding higher capital appreciation. Most developers in Dubai typically require a 5-10% down payment, granting buyers full ownership rights. The remaining balance can be paid during construction or upon/after handover, depending on the agreed payment plan. Another advantage of purchasing off-plan property is that it offers the latest technology, design, and lifestyle features, along with on-site facilities.
It’s important to highlight that the UAE real estate market welcomes all buyers, eliminating the need for a visa/Emirates ID when purchasing off-plan property in Dubai—only a passport copy is required. It is advisable to enlist the services of a real estate agent for comprehensive details on available projects.
After selecting a suitable property, the next steps involve reserving a unit at the developer’s sales office by signing the SPA and submitting a deposit fee. Within 30 days of registration, it is mandatory to settle a 4% Fee and Oqood registration fee.
Adhering to the stipulated payment plan, you must stay current with installments until the property is handed over. Upon completion, the final installment is due, and you will be presented with the keys to your propert
Selling property in Dubai becomes a streamlined process with the assistance of a qualified real estate agent. Once you’ve identified a specialist, the initial step involves signing a ‘FORM A’ to formally authorize the agent for brokering and marketing. After submitting the form to the DLD’s Trakheesi system for final approval, your property will be advertised across various platforms, both online and offline.
Upon securing a buyer, the next stage requires signing a Memorandum of Understanding, or ‘FORM F,’ establishing a legally binding contract between the seller and purchaser. Another essential document in the selling process is an NOC letter from the developer, which typically takes 5-7 days to be issued.
The final step in completing the sale involves ownership transfer, necessitating the provision of the MOU, NOC, a copy of the title deed, a cheque to the seller, a 4% DLD fee, and an original passport copy with a valid visa/Emirates ID.
To start, the investment property market in Dubai presents higher rental yields compared to numerous established real estate markets. The average return on investment (ROI) falls between 5% and 9%, owing to significantly lower property prices per square foot than in other global cities like London, Hong Kong, and Paris. Consequently, Dubai becomes an affordable destination for owning luxury real estate, and it is noteworthy that there are no stamp duty or property taxes.
In a move to attract more investors, the Dubai Land Department (DLD) reduced the minimum required investment amount in September 2021. This adjustment allows purchasers to apply for a 3-year residence visa through investment, with the minimum investment
threshold dropping from AED 2 million (USD 372,000) to AED 950,000 (USD 405,000). Visa holders can take advantage of family sponsorship, facilitating the inclusion of a spouse and children in their relocation to the country.
To embark on real estate investment in Dubai, the first step involves determining the purpose of the investment. Beyond serving as private residences, properties can be utilized for rental income or resale, offering lucrative options for those seeking returns. The primary determinant influencing property prices is their location and proximity to essential amenities.
Certainly, if a property boasts convenient access to public transport, healthcare facilities, educational institutions, and retail establishments, its value is likely to be higher.
Additionally, prospective investors in Dubai real estate should be mindful of the 4% property transfer fee, evenly split between the seller and buyer. Other associated costs in a property purchase encompass insurance, a No Objection Certificate (NOC) fee, an annual maintenance fee, and the commission of the real estate agent (approximately 2% of the property purchase price)
In Dubai, UAE residents can only purchase properties in designated freehold areas. Opting for off-plan developments is attractive due to lower prices and flexible payment plans offered by developers. Additionally, residents can apply for a mortgage, with banks covering 80% of the property price for investments under AED 5M (USD 1.3M) and 70% for properties exceeding AED 5M (USD 1.3M).
Villas are particularly favored, especially by expats relocating with their families, seeking spacious properties with study/flexi-rooms, open green spaces, and amenities. Considering ultra-luxury real estate in areas like Palm Jumeirah and Dubai Marina is also worthwhile, given Dubai’s popularity among High Net Worth Individuals (HNWIs) globally.
When investing in the UAE property market, many opt for long-term income as landlords. Residential real estate can yield high returns, ranging from 5% to 12%, surpassing European capital cities. Landlords bear responsibilities like maintenance, but hiring a property management company can ease the workload. Apartments generally offer higher returns than townhouses and villas.
Renting incurs a 5% VAT tax and annual maintenance fees payable to the DLD. Compact residences with established infrastructure, like 1-bedroom apartments and studios, are recommended. After purchase, a real estate agent can assist in finding tenants, leading to a regular income, whether on a daily, weekly, monthly, or quarterly basis, depending on the rental duration.
When contemplating the ideal location to buy an apartment in Dubai, several factors come into play, such as infrastructure, public transport connectivity, healthcare and academic facilities, among others. Some of the most sought-after family-friendly communities in Dubai, including Dubai Hills Estate, Al Barari, and DAMAC Hills, feature generously sized villas surrounded by lush open spaces and a wealth of communal amenities.
These amenities encompass gyms, gardens, swimming pools, BBQ areas, and multi-sports courts. Investing in a villa in Dubai is particularly appealing, offering the flexibility to use it as a private residence, rent it out, or consider resale in the future. In 2021, Dubai’s property market is experiencing increased demand for townhouses and villas, driven by a preference for more spacious properties in response to the rise in remote working and learning.
There are several compelling reasons to invest in Dubai’s real estate market. Property prices in the Emirate are notably lower compared to Europe, America, or Asia. Additionally, real estate investment serves as an effective hedge against inflation, given the direct correlation between real estate demand and economic indicators.
Noteworthy benefits include the opportunity to obtain a 3-year investor visa with a minimum investment of AED 750K (USD 205K) for a ready-to-move-in property or a 5-year investor visa for an initial cost of AED 2M (USD 545K) for a ready unit. Visa holders can easily bring their spouse and children to the UAE. Finally, real estate investors can capitalize on the potential for high ROI, reaching up to 8-10% from rental properties in Dubai.
Complete real estate solutions in Dubai, from consulting to purchase, mortgage assistance, and property management—tailored to meet your specific needs.
Complete real estate solutions in Dubai, from consulting to purchase, mortgage assistance, and property management—tailored to meet your specific needs.
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