Comprehensive Property Insurance Solutions

Safeguarding your property is paramount. Our expert team at Prosperity Real Estate Brokers LLC provides comprehensive property insurance solutions tailored to your specific needs. From small residential properties to large commercial complexes, we’ve got you covered. Trust us to protect your valuable assets and ensure peace of mind.

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Rules & Regulations for Property Investor Visa

Regulations regarding Property Investor Visa state that if a property is worth AED 1,000,000 or more, then the individual should be given a residence visa for two years.

Taxes

There are no taxes for buying a property, but for registering a property, the buyer just pay 4% to the Dubai land department for the purchase price of the property. If it is a mortgaged property, one needs to pay a registration fee of 0.25% of the mortgage value.

Charges

The Land Department of Dubai charges a 4% transfer fee for registering a new property ownerThe developer’s no objection certificate is charged at AED 5000 by the land department.

AED 4000 is charged for ready property by registration trustees and AED 5000 for off plan properties.

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