ABOUT US
HISTORY OF DALMA HOMES
We are a family-owned real estate company, deeply rooted in the vibrant city of Dubai, UAE. For generations, our family has dedicated itself to understanding the region’s unique real estate landscape and diverse communities. Our reputation is built on an unwavering commitment to our clients, mastering the complexities of the local market, and providing tailored services that consistently exceed expectations.
Building Trust
Beyond transactions, we believe in building lasting relationships. Our client-first approach is grounded in trust, integrity, and personalized service. By getting to know your needs and aspirations, we tailor our strategies to ensure your real estate goals are met with success and satisfaction.
that extra support
When we say “we do more,” we mean it. We pride ourselves on our responsiveness, promptly addressing every call, email, and text. Our marketing experts are unmatched, featuring professional-grade materials designed to make a lasting impact. We are goal-oriented, leveraging every opportunity to achieve the best outcomes for our clients.
Join us as we continue to shape the future of Dubai’s real estate, one satisfied client at a time.
frequently asked questions
We strive to answer as many questions as possible. If you cannot find your question here, you are welcome to contact us directly.
What kind of properties are available for sale in Dubai?
There are two types of properties available in Dubai: off-plan and turnkey properties. Both offer great opportunities for investors and end users, depending on individual requirements and budgets. At Dalma Homes, we act as consultants to help people make decisions which are in their best interest.
How much does a property cost in Dubai?
Property prices in Dubai vary depending on location, size, and amenities. Prime areas like Downtown and Palm Jumeirah tend to be more expensive, while emerging communities offer more affordable options. Dalma Homes Real Estate helps you find the right property to suit your budget, with benefits like tax-free rental income and potential residency visa for qualifying purchases.
Do I need to be in Dubai to purchase a property?
No, you don’t need to be physically present in the UAE to invest in Dubai’s real estate market. Transactions and signatures can be completed remotely through online platforms, with legal documents often handled via courier or electronically. Additionally, Dubai offers a streamlined process for foreign investors, including escrow accounts and government-approved real estate agencies to ensure secure transactions. However, we recommend visiting Dubai to personally inspect the property and finalize your investment with greater confidence.
Can foreigners buy properties in Dubai?
In the past, only citizens of the United Arab Emirates were allowed to legally own property in Dubai. In 2006, the government approved Regulation No. 3, which established defined regions in which non-citizens are permitted to own property. These areas allow foreigners to own property without needing a local sponsor. Popular freehold locations include Dubai Marina, Downtown Dubai, Palm Jumeirah, Jumeirah Village Circle, Dubai Hills Estate, and Business Bay, among others.
What are off-plan properties in Dubai?
Off-plan properties in Dubai are real estate investments purchased before construction ends. These properties are typically offered at lower prices, presenting a chance for significant returns as property values rise. Investors benefit from flexible payment plans and the opportunity to select units in newly developed areas. With Dubai’s dynamic growth, off-plan investments can offer high appreciation potential and modern amenities.
What is the difference between Freehold and Leasehold?
In Dubai, a freehold property grants you full ownership of both the building and the land, with the title deed issued by the Dubai Land Department serving as proof of ownership. In contrast, a leasehold property allows you to lease the property for a fixed term, typically up to 99 years. With leasehold, you do not own the land, and the title deed confirms your right to occupy and use the property for the lease duration, but does not convey ownership of the land.
What is an Escrow Account?
An escrow account is a secure, third-party account, where funds are held until the terms of an agreement are met. In Dubai, the Dubai Land Department (DLD) regulates these accounts for real estate transactions. Funds are held by a licensed escrow agent and only released when the seller fulfills the agreement. If the seller fails to meet the terms, the money is refunded to the buyer.
Can I get a mortgage as an expat in Dubai?
Yes, expats can secure mortgages in Dubai through various banks. Typically, you’ll need a down payment of 20-25% of the property’s value. Eligibility criteria and interest rates can vary, and some banks may offer special terms for foreign investors. It’s advisable to explore different options and consult with mortgage experts to find the best deal.
Do I have to pay taxes as a property owner?
As of now, property owners in Dubai generally do not have to pay income tax or capital gains tax on their properties. Additionally, there are no property taxes imposed on residential properties in the emirate. However, while Dubai does not impose these taxes, property owners should be aware of other potential costs, including registration fees, service charges for maintenance, and transaction-related costs.
How does property management work in Dubai?
Property management in Dubai handles the daily operations of rental properties, such as maintenance, tenant communication, and rent collection. Real estate agents providing these services ensure your property is well-maintained, aiming to maximize rental income and minimize vacancies.
Is there any risk of a real estate bubble in Dubai?
Dubai has experienced record sales recently, mainly from foreign investors. However, property prices in Dubai are still lower compared to other major cities like Amsterdam, Frankfurt, and New York. Short-term rental yields range from 7% to 15%, depending on the property and location. The UBS Global Real Estate Bubble Index indicates that Dubai’s real estate market is fairly valued, with prices well below historical peaks, suggesting no immediate bubble risk.
What is the potential return on investment?
In Dubai’s real estate market, you can generate income by purchasing off-plan properties and selling them for a profit, renting to long-term tenants, using short-term rental platforms like Airbnb, Booking.com or buying and renovating distressed properties. Contact us to discuss your needs and get more information.
Is Dubai a good place to live?
Absolutely. The city has transformed from a low-tax haven into a world-class lifestyle destination, overcoming challenges like the 2008 financial crisis and the Covid-19 pandemic. With top-notch education, healthcare, and infrastructure, Dubai oers a vibrant, family-friendly environment. Its stable real estate market, high rental yields, and tax-free benefits make it an attractive investment. As a global hub connecting Europe, Asia, and Africa, Dubai draws in businesses, expatriates, and tourists, boosting demand for property, promising both financial returns and a high- quality lifestyle.
