Pleasure and lifestyle: Dubai, everyday luxury
Quality of life
The main attraction of real estate in Dubai is, of course, the quality of life. With over 300 days of sunshine a year, pristine beaches, world-renowned restaurants, and oversized shopping malls, the city has created an environment where luxury and comfort are the norm.
leisure activities
For second home owners, this means guaranteed access to leisure activities, entertainment, and state-of-the-art facilities. The most sought-after neighborhoods for this type of purchase, such as Palm Jumeirah, Jumeirah Bay, and Dubai Marina, embody this lifestyle. They offer apartments or villas with sea or skyline views and are designed to provide easy access to beaches, marinas, shops, and restaurants.
a cosmopolitan culture
Owning property in Dubai means giving yourself the opportunity to recharge your batteries far from the daily stress of France and immerse yourself in a cosmopolitan and dynamic culture. Security is omnipresent, the infrastructure is modern, and the services on offer are of the highest quality. It is the ideal place to treat yourself to an extended vacation with family or friends.
Wealth management strategy: a tax-efficient investment
Beyond the pleasure aspect, investing in real estate in Dubai is a purely strategic move.
Investors from around the world are attracted by Dubai's unique regulatory and tax environment.
Unparalleled tax advantages
One of Dubai's greatest assets is the absence of income tax for individuals residing in the Emirates. Unlike in France, there is no tax on rental income or annual property tax. Capital gains realized on the resale of your property are also not taxed. For French investors who are French tax residents, this particularly favorable tax regime represents a major lever for the growth of their assets, but requires upstream support in order to be eligible for these benefits.
However, there is a tax treaty between the United Arab Emirates and France to avoid double taxation of property income. French residents must declare their rental income from the UAE in France, but will have to pay the CSG and CRDS social security contributions. It is essential to seek advice from a consulting firm to optimize this situation and ensure compliance with the law.
A growing market and strong rental demand
The Dubai real estate market is booming, driven by dynamic demographics and flourishing tourism. The city welcomes millions of visitors each year, which translates into strong demand for seasonal rentals.
As a property owner, you can easily rent out your apartment or villa when you are not using it. This allows you to generate substantial rental income. Rental yields in Dubai are often higher than those seen in France or other European capitals.
The practical aspects of buying:
from dream to reality
Buying property in Dubai as a foreigner is a well-regulated process. Areas known as “freehold” zones are specifically designated to allow foreigners to purchase property safely. Most tourist and business districts are part of these zones.
The price per square meter, expressed in AED (United Arab Emirates Dirham), is a key indicator to consider. Prices can vary considerably from one neighborhood to another.
Questions to ask yourself before buying
Before you get started, it is crucial to clearly define your objectives.
This is one of the reasons why it is essential to surround yourself with professionals.
What legal steps should you anticipate?
Purchasing property requires a series of administrative steps, such as registering the property with the Dubai Land Department (DLD). A good consulting firm will assist you every step of the way.
How can you optimize rental management?
The management of your property must be optimized to maximize your income and profitability.
What are the market risks?
It is essential to rely on the expertise of a professional who knows the secondary market and can advise you on the best deals.
Purchasing property in Dubai can also pave the way for investors and their families to obtain a resident visa, making it easier to stay for long periods and travel.
Investing in real estate in Dubai, whether purchasing a second home or an investment property, requires in-depth knowledge of the local market. At Hawk Invest, we understand the specifics and opportunities of this constantly evolving market.
Our mission is to support you every step of the way, from defining your strategy to finalizing the purchase. We specialize in assisting French-speaking investors, whether they are based in France or elsewhere in the world. Our expertise covers the entire purchase process, including searching for luxury properties in the best neighborhoods, negotiating prices, and handling legal and administrative procedures with the help of our local partners such as Barnes Dubai.
We help you identify properties that meet both your lifestyle criteria and your rental yield objectives. Whether you are looking for an apartment with a view of the Burj Khalifa or a family villa in Palm Jumeirah, we have access to exclusive listings and unique investment opportunities.
Our service goes beyond the simple transaction. We advise you on tax optimization for your investment, rental management of your property, and financing options via a mortgage in Dubai. We put you in touch with the right local professionals to ensure the security of your investment.
By choosing Hawk Invest, you are choosing a trusted partner who puts their expertise in the Dubai real estate market at the service of your financial success.
Hawk Invest's expertise:
your partner for investing in Dubai
Summary: the perfect combination of fun and strategy
In summary, purchasing a second home in Dubai is a unique opportunity to combine the pleasure of a pied-à-terre in an exceptional living environment with a highly relevant wealth management strategy. You are investing in a property that generates income, while benefiting from favorable tax treatment and the security of a growing market.
Whether you are an individual looking for a peaceful haven in the sun or a savvy investor seeking diversification, Dubai is an investment solution worth serious consideration. With our expertise, we can help you make the right choices, optimize your investment, and secure your assets internationally.