What Are My Options When It Comes to Investing in Dubai Real Estate With an AED 1M Budget

Investors with a budget of AED 1M can find several options in Dubai’s real estate market. From studios to 1-bedroom apartments, property investment options in the AED 1M range are available across different neighbourhoods in Dubai. Besides the actual price of the unit, there are several other costs associated with buying a property in Dubai. These include the Dubai Land Department (DLD) charges, admin fees, mortgage registration charges and agency commission. Considering all these costs, the breakdown of the AED 1M investment for buying a property without a mortgage will be as follows: With this approach, the estimated additional costs…