FAQs about Emirabiz Services
For resident expats buying their first property in Dubai with a mortgage (up to 5 million AED), the minimum down payment is usually 20% of the property price.
The difference in pure financial terms between “rent vs buy with a mortgage” is often not dramatic – in many real-life scenarios it’s a matter of hundreds of thousands of dirhams over a decade, not millions.
Most borrowers in Dubai opt for a fixed rate for the first 2–3 years, after which the mortgage automatically switches to a variable rate (EIBOR + bank margin).
Yes, buying property in Dubai can qualify you for an investor (property) visa, even if the property is mortgaged.
Yes, foreigners can get a mortgage in Dubai. There are no legal restrictions that prohibit non-UAE nationals from buying property or applying for a home loan, but banks apply stricter criteria compared to local residents.
Determining the number of resident visas required under the business license is essential. This includes visas for the business owner, employees, and any family members who may be sponsored. Understanding the specific needs for resident visas will help in aligning the business structure with the intended operations.
The final calculation of the costs for obtaining an employment visa, Emirates ID card, and opening a bank account will be determined by business consultants who will provide detailed information upon contact.
Planning to start a business in the UAE? With Emirabiz, you can navigate the process quickly and effortlessly. We provide expert assistance with company registration, licensing, residency visas, bank accounts, and comprehensive business support.