ABOUT US

Welcome to Wealthy Realestate, where luxury meets excellence in the world of real estate. If you are a high-end client seeking exceptional properties, unparalleled service, and a seamless experience, look no further! With our cutting-edge expertise and a deep understanding of the luxury market, we aim to be your preferred choice for all your real estate needs. In this article, we'll outline how our agency stands out from the rest, and ensure your satisfaction.

Your Ideal Real Estate Agency for High-End Properties

PERSONALIZED SERVICE

We understand that every high-end client has unique needs, preferences, and lifestyle requirements. Our exceptional service is focused on providing a personalized experience that goes beyond your expectations. By taking the time to truly understand your desires, we can facilitate an efficient and seamless process, ensuring your complete satisfaction.a

Our agency boasts an extensive network of industry professionals, including developers, architects, attorneys, and financiers, who are well-connected with the luxury real estate market. This network provides us with exclusive access to off-market listings, pre-construction opportunities, and private showings, allowing us to offer you a unique advantage and access to highly coveted properties that may not be available through other channels.

EXCLUSIVE NETWORK

Frequently asked questions

What are the popular areas for luxury real estate in Dubai?

Popular areas for luxury real estate in Dubai include Palm Jumeirah, Emirates Hills, Downtown Dubai, Jumeirah Golf Estates, and Dubai Marina.

What amenities can I expect in luxury properties in Dubai?

Luxury properties in Dubai often offer a range of amenities such as private swimming pools, gyms, spas, concierge services, 24-hour security, top-notch finishes, and access to exclusive clubs or beachfronts.

Are there any restrictions on foreign buyers purchasing luxury real estate in Dubai?

No, there are no restrictions for foreign buyers when it comes to purchasing luxury real estate in Dubai. Non-GCC (Gulf Cooperation Council) nationals can own properties in designated areas known as freehold areas.

These areas are specifically designated for foreign ownership and include popular locations like Dubai Marina, Downtown Dubai, Palm Jumeirah, and others

While there are no restrictions on property ownership for expatriates in freehold areas, it's important to note that there are certain regulations and guidelines that need to be followed. These include obtaining a residency visa or a valid permit to stay in the UAE. It's recommended to consult with a legal professional or a certified real estate agent who can guide you through the process and explain any specific requirements for property ownership as an expatriate.It's important to do thorough research and seek advice from a lawyer before making any property purchase in Dubai.

What is the process of buying luxury real estate in Dubai?

The process of buying luxury real estate in Dubai typically involves the following steps:

  1. Finding a suitable property and negotiating the price.

  2. Signing a Memorandum of Understanding (MoU) or Sale and Purchase Agreement (SPA) with the seller.

  3. Paying a deposit (usually 10% of the property price) to secure the purchase.

  4. Completing the necessary paperwork and obtaining any required approvals.

  5. Paying the remaining balance and property transfer fees.

  6. Registering the property with the Dubai Land Department.

Can I get a mortgage to finance the purchase of luxury real estate in Dubai?

Yes, there are banks in Dubai that offer mortgage financing for luxury real estate purchases. However, the availability and terms of mortgages may vary based on factors such as the buyer's nationality, income, and the specific property.

What are the additional costs associated with buying luxury real estate in Dubai?

Additional costs may include property transfer fees (usually 4% of the property price), agency fees (usually 2% of the property price), and any applicable service charges or maintenance fees for the property.

CONTACT US

If you're interested in hearing more about the way we work, have a business proposal, or are interested in making a purchase, we'd love to hear from you.