Real Estate in the Cyprus

Yes, mortgages are available for both residents and non-residents in the UAE. Banks typically offer financing up to 80% of the property value for UAE residents and 75% for non-residents.

Additional costs include Dubai Land Department (DLD) registration fees (4%), agent commission (typically 2%), and property transfer fees. For off-plan properties, there may be payment plan charges and service charges.

Yes, property owners can sponsor their immediate family members including spouse, children, and parents under certain conditions. Family members will receive residency visas linked to the property owner's visa.

No, you don't need to live in the UAE permanently. However, to maintain your residency visa, you must visit the UAE at least once every 180 days. The property can be rented out when you're not using it.

Yes, property owners are free to rent out their properties. The rental market in Dubai is well-regulated with standard RERA contracts. Average rental yields range from 5% to 8% annually depending on location and property type.

The residency approval process typically takes 2-4 weeks once all documents are submitted. This includes medical tests, Emirates ID application, and visa stamping. Our team can assist with expediting the process.