Dubai Property Buying Guide for Indians: What to Check Before You Invest Your First Dirham

And the reasons are pretty obvious and straightforward. There's no property tax, no capital gains tax on resale and even rental yields in several communities run higher than most Indian metro cities. But a market this easy to enter is also easy to enter badly. Deals here can close in three weeks which means the scrutiny has to happen before that clock starts, not during it. Dubai splits property into freehold and leasehold zones. Foreign nationals, including Indians, can buy full ownership only in designated freehold areas like Dubai Marina, Downtown Dubai, Business Bay, Jumeirah Village Circle, Dubai Hills Estate…