Its not necessary that you contact any relevant person in Canada to invest in Dubai properties. I would recommend you to contact few agents via "Agents" section of Bayut. They can help you to buy a Dubai property that matches your exact specifications.
For your further guidance, I am providing you the link of "Agents" section below:
Moreover, You can also search your dream property yourself by entering your filtering criteria ( Location, price, area, type of property etc) through "Rent" or "Buy" section of Bayut. Once you have chosen your property contact the listing owner of the property directly for further proceedings.
If you have anything else to ask, please feel free to ask anytime.
Why don't you discuss your concerns here on the forum and we will hopefully be able to guide you in reaching a more informed decision regarding your investment.
I did look at a few properties online , what i wanted to know was
If i buy a small apartment that i can rent out for some years till i move there what is the proceedure to get a visa for a canadian citizen once i decide to move in for a longer term.
What are the condo fees and are the freehold properties listed as free hold or do i have to be specific to the agent about wanting a free hold property.
I have read that the under construction properties are financed by the builders, If so how do i source those out or if some agent can help me do this (Zeeshan , i saw that you are a real estate agent, Can you do this for me)
Is it advisable to get a under construction or a ready apartment
I am not looking for a huge place but a small apartment that i can use for a part of the year when it gets below freezing in Canada.
Any advice suggestions would be welcome. Thanks a lot for your replies guys.
Good to hear from you. First of all I would like to clarify that I am not an estate agent, however I do have a great deal of understanding and know how of the market.
Ok, lets address your concerns. Canadian citizens do not require a travel/tourist visa prior to the visit and the visa is issued at airport immigration. The visa issued is normally for a month but one can always drive down to Oman and re-enter the country or get the visa extended by an additional month by paying a minimal fee.
If you are interested in a residential visa, then as a property owner you have the option to apply for it provided your property value is over a million AED.
All freehold properties are not by default listed as free hold, however most of the properties available on Bayut are in the freehold areas. Dubai have various sectors and segments and all properties within these sectors are either freehold or lease properties. For instance every building within the Marina or JLT is a freehold property whereas every property within Deira is a leasehold property.
In the present climate its not advisable to buy an under construction property in Dubai as it will take time to construct and most developers do not adhere to their deadlines, additionally you will not be saving a great deal more by buying an under construction property. Also even if these properties are financed by the developer, the developer will keep on charging you, the buyer payments in instalments and will recover the entire amount from you by the time of completion. In my opinion its a big NO NO for such properties. A lot of hassle is involved and you rather have a peace of mind when it comes to investing.
Dubai is a great place to live and you can always short lease your apartment when you are not in the country, by doing so you will have a holiday home which is also fetching you some return on your investment. I would recommend a 1 bed apartment as these have the quickest turn around in terms of investment.
I hope this helps and let me know if you have further question or need advice about anything.
Hi riaz
I am a real estate agent here in Dubai
so i can help you for sale purchase and rent the property through mails
any thing any question feel free to rely
you can have my direct e-mail id
eagleslondon@yahoo.co.uk
(6 Answers)
