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Buying Property
Q1. What finance options are available?
Most developers provide deferred payment over periods ranging from 2 years to 6 years. Developer payment plans are usually interest free. Several Financial institutions do provide longer term financing on some of the projects.
Q2. Can I buy a property as an investment?
Yes, the property you buy, you can either sell it with a premium or rent it out. WADI STAR can help you in selling your property and in renting it out, being in a form of long term lease or short term rental as a furnished apartment. We can also assist you in furnishing your property.
Q3. Where can I Buy in UAE?
If you are a Non-UAE national, you can buy properties in areas designated by the local governments as being Freehold or Leasehold areas.
Q4. What type of property can I buy as Freehold/Leasehold?
You can buy: apartments, offices, shops, town houses, villas, or plots.
Q5. Do I need to reside in UAE to purchase a property?
No, you do not need to be a UAE resident to purchase property. Furthermore, UAE law allows those who own property in Freehold/Leasehold to apply for residence visa.
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