This is no longer the case, this used to be the case when citizenship programme was running. In any event as long as you have a trustworthy representative/lawyer in Cyprus they would ensure you get a property which would be value for money and not overpricedOf course they do, their margin covers the conversion charges several timesWho is the fool to buy hugely overpriced properties from Cyprus developers (Like Giovani)?
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Buying property in Dubai with cryptocurrency
- Thread starter Konstanz
- Start date
Have Dogecoin? Now, buy property in Dubai
Have Dogecoin? Now, buy property in Dubai
Samana Developers will pioneer realty transactions by accepting Dogecoin cryptocurrency as a payment option for its upcoming residential project in Jumeira..
www.khaleejtimes.com
I invested in Dubai real estate 2 years ago and so far a minimum of 25% increase which is an excellent appreciation for real estate investment. As long as you know what you're investing in, you will be fine. The biggest problem is if you don't know the developers or areas, the real estate agent will try to sell trash/overpriced units and you can lose %20-30 of your invesment instantly.
I expect more increase in real estate because they handled the COVID pandemic very well with vaccination and it is already started to boost the economy and real estate. I can see lots of tourists despite of summer and long queues in front of food and luxury stores at any time of the day.
www.bloomberg.com
I expect more increase in real estate because they handled the COVID pandemic very well with vaccination and it is already started to boost the economy and real estate. I can see lots of tourists despite of summer and long queues in front of food and luxury stores at any time of the day.
Morgan Stanley Sees Dubai Property Rally Lasting for Years
The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley.
www.bloomberg.com
Are you renting these out? If so, any experience with receiving moneys in a foreign bank account?I invested in Dubai real estate 2 years ago and so far a minimum of 25% increase which is an excellent appreciation for real estate investment. As long as you know what you're investing in, you will be fine. The biggest problem is if you don't know the developers or areas, the real estate agent will try to sell trash/overpriced units and you can lose %20-30 of your invesment instantly.
I expect more increase in real estate because they handled the COVID pandemic very well with vaccination and it is already started to boost the economy and real estate. I can see lots of tourists despite of summer and long queues in front of food and luxury stores at any time of the day.
Morgan Stanley Sees Dubai Property Rally Lasting for Years
The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley.
I didn't receive rent to a foreign bank account but open a local bank account and ask your tenant to transfer money locally. You can transfer your local bank account funds foreign bank account easily. This would be the most straightforward and safe way. If you don't want to open a local bank account, you can collect cash or encash a cheque without a local bank account.
I went today to the Dubai Mall after lunch and there were hardly anyone walking on Fashion Avenue… The queues were at McDonald’s and KFCI invested in Dubai real estate 2 years ago and so far a minimum of 25% increase which is an excellent appreciation for real estate investment. As long as you know what you're investing in, you will be fine. The biggest problem is if you don't know the developers or areas, the real estate agent will try to sell trash/overpriced units and you can lose %20-30 of your invesment instantly.
I expect more increase in real estate because they handled the COVID pandemic very well with vaccination and it is already started to boost the economy and real estate. I can see lots of tourists despite of summer and long queues in front of food and luxury stores at any time of the day.
Morgan Stanley Sees Dubai Property Rally Lasting for Years
The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley.
Dubai food price are high. Only kfc and McDonald's are affordable.
Even miilioner think twise before going to Dubai fine dining restaurant daily. It is ok for weekend for daily even millioner can not afford it
Basically Dubai is tax-free but every day item price is some kind of robbery . The hidden truth of tax free life style.
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I was in Dubai Mall today too. I had to wait 30-40 minutes for Cipriani Dolci(in the middle of fashion avenue) also there was a queue in front of luxury brands like LV, Chanel but do not expect the same crowd in fashion avenue compared with other parts of the mall of course.
Second that.
Where do they get the data from? Is the data from their sales or from some government agency which tracks all sales?
Dubai Land Department - Home
Dubai Land Department seeks to achieve the objectives of Dubai Government's strategy in the real estate sector, and improve land registration procedures.
dubailand.gov.ae
DUBAI REST - Apps on Google Play
Dubai REST is a platform for real estate information services and transactions.
It is government Service.
You can see Daily transaction as well in real time. Even Dubai land department Instagram profile post daily transaction .
You see so many things in Dubai Real estate deals are too transparent than any other country
Can you get individual property sale data from their website (can't find it) or from the app (doesn't run on my rooted phone)?It is government Service.
You can see Daily transaction as well in real time. Even Dubai land department Instagram profile post daily transaction .
You see so many things in Dubai Real estate deals are too transparent than any other country
Dubai Land Department - Real Estate Transactions
Dubai Land Department seeks to achieve the objectives of Dubai Government's strategy in the real estate sector, and improve land registration procedures.
dubailand.gov.ae
Keep in mind that Some cash transactions has been registered at a lower price to save 4% registration fees. and, some mortgage transactions have been registered at a higher value to get higher loan .
So do not get confuse.
As I mention so many times things are very crazy and strange in Dubai
Isn't it risky to pay more in cash than what's on the contract?
Is there any way to avoid this fee? For example buying the property under a company name and then selling the company. Or the UBO is listed in the land registry?
There are many way in Dubai to do "certain things".
Depend on what are your trying to achieve ?
Contact any reputable broker and explain your situation in person .
They can help you.
Developer Who accept bitcoin:
ellingtonproperties.ae
www.seventides.com
Broker who accept Bitcoin:
And there are many
On this forum @CaptK and @Fred also can help you do buy property with crypto.
They also setup company bank account and you can easily convert Crypto to Bank account without any trace of crypto. Than you can do whatever want with that money.
Best thing you can do is https://www.propertyfinder.ae/
Find the property which suits you and then contact respective broker and ask them if they accept Crypto or not . Most of broker now accept bitcoin.
If you are on low budget you can also go with partial ownership using
www.providentestate.com
If you do not want to use any of broker/middle man, and Do it your own, You sell bitcoin for Cash via OTC
www.coinsfera.com
www.pallapay.com
Most property deal are done in cash here so no worry.
Last Most Important things I do not connected with any of them.
So Do it at your own risk.
Ellington Dubai | Top Real Estate Company | Ellington Properties
Looking to buy a property in Dubai? Invest in your design-led home with Ellington Properties, one of the top real estate developers in Dubai. Read more.
ellingtonproperties.ae
Luxury Real Estate and Hospitality Developer | Seven Tides International
Seven Tides is a privately owned luxury property developer and holding company with a portfolio of exceptional properties in some of the world’s most coveted locations.
Broker who accept Bitcoin:
And there are many
On this forum @CaptK and @Fred also can help you do buy property with crypto.
They also setup company bank account and you can easily convert Crypto to Bank account without any trace of crypto. Than you can do whatever want with that money.
Best thing you can do is https://www.propertyfinder.ae/
Find the property which suits you and then contact respective broker and ask them if they accept Crypto or not . Most of broker now accept bitcoin.
If you are on low budget you can also go with partial ownership using
Partial Ownership
Experience Unparalleled Flexibility with Provident: Your Key to Partial Ownership in Dubai. Explore Innovative Real Estate Solutions and Start Your Investment Journey Today.
www.providentestate.com
If you do not want to use any of broker/middle man, and Do it your own, You sell bitcoin for Cash via OTC
Coinsfera: Buy and Sell Cryptocurrency with Cash | Crypto OTC Desk
Coinsfera is a cryptocurrency shop and OTC desk where you can buy and sell any cryptocurrency with cash in Dubai, Istanbul, London and Kosovo.
www.coinsfera.com
Sell & Buy Bitcoin in Dubai, Bitcoin Payment Gateway - Pallapay
Sell and Buy Bitcoin in Dubai UAE, Accept Crypto in Your Website With Pallapay UAE Bitcoin Payment Gateway and POS, Cash Out Bitcoin in Dubai Fast.
Most property deal are done in cash here so no worry.
Last Most Important things I do not connected with any of them.
So Do it at your own risk.
Solid info azb1
Developer will use a 3rd party for btc purchase. I see, for example, Ellington Properties using Bitcoin Suisse. This might be a choke point, where Bitcoin Suisse demands impossible kyc conditions or simply throws out nonEEA person ?
Developer will use a 3rd party for btc purchase. I see, for example, Ellington Properties using Bitcoin Suisse. This might be a choke point, where Bitcoin Suisse demands impossible kyc conditions or simply throws out nonEEA person ?
Yes, in fact I think Bitcoin Suisse has been difficult to get into ever since their bank license got rejected. Even for EU ppl.
Yes it is.
In reality the most property purchases in Crypto happens as OTC deal from Crypto to Cash as literally every Developer - no matter what - is accepting cash.
Usually the Real Estate Companies doesn't disclose this to you and mention you something like it will cost you 5% as service fee.
Just do the OTC deal on your own and mention nothing about Crypto and just say you pay cash - no one will add you some % or try to rip you off.
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