FAQ
Finance
Can I get financing for my property purchase?
Opulent Horizons is known for its expertise in the Dubai real estate market, offering an unparalleled selection of luxury properties and investment opportunities. Our experience, customer-centric approach, and in-depth knowledge of the local market have made us a trusted name among investors and homebuyers alike.
How can I purchase a property in Dubai through Opulent Horizons?
We make the buying process easy for you. Simply browse our listings, and our dedicated sales team will guide you through every step of the process—from selecting the right property to completing legal requirements and finalizing your purchase.
What makes Opulent Horizons a leading real estate company in Dubai?
Opulent Horizons is known for its expertise in the Dubai real estate market, offering an unparalleled selection of luxury properties and investment opportunities. Our experience, customer-centric approach, and in-depth knowledge of the local market have made us a trusted name among investors and homebuyers alike.
What is the eligibility criteria for domestic and overseas borrowers?
Age: Borrowers must be aged between 21 and 65.
Income Stability: A stable income is crucial, with banks typically requiring:
Salaried Employees: Minimum monthly salary of AED 15,000.
Self-Employed Individuals: Minimum monthly salary of AED 25,000.
Loan Duration: Mortgages can be repaid over a maximum of 25 years.
What finance options are available for residents and non-residents?
UAE banks will lend the following percentages for borrowers.
Residents: Eligible for up to 80% financing of the property purchase.
Non-Residents: Can secure up to 60% financing based on the property’s market value. This is particularly attractive given the current low-interest rates, making mortgages more accessible.
Legals
Do I need to be a resident to buy property in Dubai?
No, non-residents can also purchase property in Dubai. Opulent Horizons offers expert advice to international buyers, ensuring the process is smooth and in compliance with local laws. We also assist with securing financing options.
What are the legal requirements for foreigners purchasing real estate in Dubai?
Our team provides comprehensive guidance on all necessary legal documents, including title deeds, registration, and the required financial documentation to ensure a successful transaction.
Do you offer property management services?
Yes! We provide full-service property management, including maintenance, tenant management, and rental services. Let us take the hassle out of property ownership while maximizing your investment returns.
Growth & Yield
What types of properties do you offer?
How do I find out about new property listings or upcoming projects?
We regularly update our website with new listings and off-plan project opportunities. You can subscribe to our newsletter or follow us on social media to stay updated on the latest developments.
Can Opulent Horizons help me with selling my property?
Absolutely! Our team is experienced in handling property sales and will work with you to list and market your property effectively. We ensure your property reaches the right buyers and secures the best possible price.
What sets Opulent Horizons apart from other real estate agencies in Dubai?
Our reputation for integrity, excellence, and exceptional customer service sets us apart. We prioritize building long-term relationships with our clients by offering tailored solutions that match their unique needs, whether buying, selling, or investing.
What recent and current residential property rental yields and capital appreciation?
Historically, Dubai has seen capital appreciation ranging from 5% to 15% annually, depending on the location and market conditions. For instance, areas like Dubai Marina and Downtown Dubai have often outperformed others. Considering these are the leading locations that were the first to showcase this kind of performance, similar results are not to be expected from now on as maturity has been achieved.
In addition, average rental yields in Dubai are typically between 6% to 8%, with some areas like Dubai Marina and Jumeirah Beach Residence (JBR) reaching yields of up to 9% for the early birds.
Capital growth for commercial properties has varied, with prime locations yielding returns of around 7% to 10%. Rental yields for commercial properties are also lucrative sitting between 6% to 7%.