About Us
In the realm of Dubai, our expertise reigns supreme
Trinity Real Estate is a budding company, dedicated to simplifying the Dubai real estate market by making the processes of buying, selling, renting, and all other related transactions as straightforward as possible. Our mission is to eliminate the complexities associated with the Dubai real estate sector, aiming to ensure a hassle-free experience.
Our firm’s foundation is built upon principles of integrity, transparency, professionalism, and exceptional customer service. These core values have propelled us to significant achievements within the Dubai real estate industry, establishing Trinity as a reliable resource for property transactions, whether you’re buying, selling, or renting in Dubai.
We provide investors with unparalleled opportunities, presenting the finest investment options and deals that ensure maximum value in terms of both returns and quality. Our extensive portfolio includes a wide range of properties and projects, including off-plan and move-in-ready options, thanks to our robust connections with Dubai’s foremost real estate developers, including Emaar, Nakheel, Damac, and Dubai Properties.
Why Invest in Dubai Real Estate?
We offer a comprehensive array of services in Dubai, encompassing Property Sales, Property Rentals, Property Marketing, Property Management, Consultation and Guidance, Property Listing Services, Investment Advisory Services, and Portfolio Management Services.
Rapid Economic Growth: Dubai has experienced significant economic growth over the years, thanks to its strategic location, business-friendly environment, and diverse economy. This growth has led to an increased demand for real estate, making it a potentially lucrative investment.
Stable Political Environment: Dubai is known for its political stability and pro-business policies. The government is committed to supporting foreign investment, making it a secure environment for real estate investors.
Tax Benefits: Dubai offers various tax incentives to property investors, including no income tax, no capital gains tax, and no property tax. These tax advantages can significantly enhance your return on investment.
Thriving Tourism Industry: Dubai is a global tourist hub, attracting millions of visitors annually. This tourism boom has created a strong demand for short-term rentals, making it an ideal market for those interested in vacation rentals or Airbnb investments.
World-Class Infrastructure: Dubai boasts world-class infrastructure, including modern transportation systems, healthcare facilities, education institutions, and entertainment options. These amenities enhance the city’s appeal to residents and investors alike.
Diverse Property Options: Dubai offers a wide range of property options, from luxury apartments and villas to commercial spaces and off-plan developments. This diversity allows investors to choose properties that align with their investment goals and budget.
Growing Expat Community: Dubai’s expatriate population constitutes a significant portion of the city’s residents. This multicultural environment creates a robust rental market and increases the demand for various types of properties.
Strategic Location: Dubai’s location as a global business and travel hub makes it an attractive destination for international investors. It serves as a gateway between Europe, Asia, and Africa, facilitating international business and trade.
Well-Regulated Market: Dubai’s real estate market is well-regulated, with strict laws in place to protect the rights of investors. The Dubai Land Department oversees property transactions, ensuring transparency and security.
Continuous Development: Dubai is known for its iconic real estate developments and ambitious projects. The city’s commitment to innovation and development ensures that the real estate market remains dynamic and attractive to investors.
Foreign Investors: Foreign buyers are typically eligible for bank financing equivalent to 50% of the property’s purchase price, with the remaining 25% often being allocated as a deposit. Dubai’s expat population, accounting for 92% of residents, experiences a government that is receptive to their needs, further easing the property acquisition process. Dubai’s real estate market is transparent, with no hidden deals or concealed fees, and it operates under continuous regulation, providing a secure environment for non-resident investors.
Why Choose Trinity Real Estate: Your Trusted Dubai Property Specialists
When it comes to navigating the dynamic and ever-evolving Dubai real estate market, choosing the right partner is crucial. At Trinity Real Estate, we stand out as your preferred choice for a multitude of reasons, including our expertise in Leasing Documentation, our status as Dubai Property Specialists, and our profound Appraisal Knowledge.
1. Leasing Documentation Expertise
In the world of real estate, meticulous documentation is the cornerstone of a smooth and secure leasing process. Trinity Real Estate simplifies your selling experience by taking care of all the necessary documentation on your behalf. This includes collecting title deeds, floor plans, legal paperwork, Dewa registration, and any other required information, ensuring a smooth and secure leasing process.
2. Dubai Property Specialists
Dubai’s real estate landscape is diverse, vibrant, and constantly evolving. Trinity Real Estate takes pride in being your trusted Dubai Property Specialists. We possess an intimate understanding of the local property market, including its trends, regulations, and emerging opportunities. With our in-depth knowledge, we guide you through the intricate process of buying, selling, or renting property in Dubai. Our expertise allows us to match your unique needs with the ideal property, ensuring that your real estate journey is both satisfying and successful.
3. Appraisal Knowledge
In order to safeguard the interests of both buyers and sellers and to generate significant demand, it’s essential for us to collaboratively establish a sale price that will facilitate the rapid renting or selling of your property. Our team of marketing experts conducts a thorough comparative market analysis to evaluate your property. This analysis enables us to suggest a price that aligns with the current market trends, ensuring responsiveness to market dynamics while also meeting your specific requirements as a seller.
So, Make the smart choice – choose Trinity Real Estate as your Dubai real estate partner, and experience a level of service and expertise that sets us apart in the industry. Let’s start your real estate journey begins with us.
To begin with, the investment property market in Dubai offers higher rental yields than many other mature real estate markets. In fact, the average ROI here ranges between 5% and 9% as property prices per square foot are significantly lower than in other cities across the globe, such as London, Hong Kong and Paris. Thus, it is an affordable location to own luxury real estate, besides, there is also no stamp duty and property taxes as well.
In Dubai, UAE residents can only buy properties in designated freehold areas. Off-plan developments are a very attractive option since their prices are lower and developers offer flexible payment plans. Also, you can apply for a mortgage, and banks can cover 80% of the property price, if your investment property in Dubai is under AED 5M (USD 1.3M), while in the case of properties over AED 5M (USD 1.3M), you can obtain a 70% loan.
Villas are trendy in the Emirate since expats relocating to Dubai with their families opt to choose spacious properties with a study/flex room, open green spaces and a set of amenities. Ultra-luxury real estate in areas like Palm Jumeirah and Dubai Marina is also worth considering, as Dubai is one of the most popular destinations worldwide among HNWIs.
Off-plan property in Dubai is property under construction and is a popular option with end users and investors. Mostly, this is due to the fact that it has a lower purchase price than ready-to-move-in units and there is a possibility to resell off-plan property before its completion, thus, gaining higher capital appreciation.
Moreover, the majority of developers in Dubai require only a 5-10% down payment and you automatically become a full-fledged owner. The remaining amount can be paid during construction and upon/after handover, depending on the payment plan. Another perk of purchasing off-plan property is that it comes brand new with the latest technology, design and lifestyle features and on-site facilities.
Dubai offers real estate in diverse price ranges, from affordable to luxury, influenced by location. For budget apartments, look at Dubai Production City and International City. Serena and NSHAMA Town Square have affordable townhouses. For those seeking the most economical villas, Al Warsan, DAMAC Hills (AKOYA Oxygen), and Serena, developed by Dubai Properties, offer enticing possibilities.
In 2021, Dubai ranked 42nd in Mercer’s Cost of Living Survey, making it more affordable than San Francisco, London, and Paris. Your choice of residence significantly affects your cost of living in Dubai.
For example, a central 1-bedroom apartment costs AED 5.5K (USD 1.5M) per month, while a slightly farther location is about AED 3.6K (USD 1K). Monthly living expenses, including utilities, transportation, groceries, and leisure, average AED 3.2K (USD 870K) for one person and AED 11.8K (USD 3.2K) for a family of four.
Typically, health insurance in Dubai is provided by your sponsor/employer, relieving you of additional medical expenses.
To begin with, it is worth noting that the UAE real estate market is open to any buyer, therefore, you will not require a visa/Emirates ID when buying off-plan property in Dubai, only a passport copy. It is recommended that you hire a real estate agent to give you detailed information on available projects.
After having chosen a suitable property, you have to reserve unit at the developer’s sales office by signing the SPA and paying a deposit fee. Next, within 30 days after registration, you are obliged to pay a 4% Fee and Oqood registration fee.
According to the payment plan, you will be required to keep up with instalments until the property is handed over to you. Once completed, you will pay the final instalment and receive the keys to the property.
Here is the division of transfer and registration fees associated with purchasing a property in Dubai:
- DLD fees = 4% of the property price + admin fees (AED 580 for apartments and offices, AED 40 for off-plan)
- Registration fees for properties valued below AED 500,000 = AED 2000 + 5% VAT
- Registration fees for properties valued above AED 500,000 = AED 4000 + 5% VAT
- Mortgage registration fees Dubai Land Department = Up to 0.25% of loan amount + AED 290
- Property service charges – Charged on a square foot basis, ranging anywhere between AED 3 to AED 30 or more.
DLD is the abbreviation for Dubai Land Department. It is the regulatory body by the government that deals with all property and real estate-related legislation, organisation, and services for any real estate transactions in Dubai.
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