Purchasing a property to rent in Dubai is a great investment, but it’s important to know how much money you will need.
- If the purchase is financed with a mortgage, the down payment typically ranges from 20-25% of the property’s value.
- Don’t forget to account for additional costs, such as the registration tax (4%) and agency fee (2%)—this can add another 4-6% to the overall cost.
- It’s also wise to budget for repairs and furnishing the apartment to attract tenants.
In total, if you are purchasing rental property in Dubai with financing, you may need between 300,000 AED and 500,000 AED, including all expenses. We are ready to assist you on this journey!
Message us on WhatsApp at +971554249282 to find out more details!📩
