Dubai, The UAE
What do I need to know when buying property in Dubai?
When we asked expats what advice they would give a foreigner before buying a property in Dubai, they said...
"Be careful of the planned purchases. I know several people who lost hundreds of thousands of dollars because they invested inthe plan and the developer went under. They did not give any money back. No lawyers can help. However, the risk is you get the property for way cheaper. Do the research on the developer and ensure they are on the up an up. Otherwise, purchase as is and enjoy," said another expat in Dubai, UAE.
"Be very careful who you putchase from. Be aware and well versed in the UAE laws and be very careful if choosing to buy prooerty off plan," wrote a member who made the move to Dubai, UAE.
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What do I need to know when buying property in Dubai?
If you live in Dubai, newcomers to Dubai would love to hear your answer to this question:
