In this section, we have shortlisted answers to some of the most frequently asked questions. Besides these, we also post answers to real estate related queries on the question-and-answer website ‘Quora Quora Icon. You may access them by visiting our Quora profile (link mentioned below).
If you have more doubts and queries that you would like to get answered, our team is always at your disposal.
Please feel free to seek further clarification on any of the answered questions.


Dubai will delight you with its sights, sounds and smells. It is welcoming in nature, accommodates multiple cultures and in return only ask for its own culture and heritage to be respected and well-thought-of.
A few reasons why people like to live in Dubai:
1. Dubai is a multicultural and cosmopolitan city: People from more than 200 countries live in Dubai, thereby making it a truly cosmopolitan city. And with diversity of this range it is only natural for this city to have a multicultural identity.
2. Ease of Communication: A huge majority of Dubai’s population are expatriates and Emiratis, as the locals are called, form only about ?th of the population. With people from world over, English has become the lingua franca of Dubai.
3. Low Crime Rate: For a place that has diversity of this range, Dubai has very low crime rate. Being a tourist destination, Dubai takes its law and order very seriously.
4. Shopping and Lifestyle Destination: Dubai boasts of the largest shopping mall in the world by total area. From global brands to incredible attractions, from indoor ski resort to world’s largest suspended aquariums, the malls in Dubai have them all.
5. Entertainment and Food: Dubai is also famous for its variety of food and entertainment options. With its beaches, malls, theme parks, racing events, hot air balloon rides… Dubai offers some of the choicest options. And when it comes to food, Dubai is a gastronome’s delight. Whether you wish to have a refined dining experience in globally acknowledged posh restaurants or gorge on food while on a budget, Dubai has options for all.
6. A Tax Free Life: Dubai offers tremendous tax advantages. Income in Dubai is not taxed, but if you are an expat, you may have to pay tax to your native country. Dubai does levy corporate taxes, though, but these are limited to only on a few entities (like oil companies and banks).
7. Religious Freedom:Though steeped deeply into its rich heritage and Islamic culture, the constitution of UAE provides for religious freedom and do not discriminate between citizens on religious grounds. Government is strict on extremism and espouses a policy of tolerance.
8. Ministry of Happiness and Tolerance: The cabinet has opened its doors to for two ministerial positions - Minister of State for Happiness and Minister of State for Tolerance. The idea is to promote happiness and social satisfaction amongst the citizens and promote tolerance among all. Quora Icon

A place, no matter how good or bad, has its own charm and charisma; and so does Dubai. If you look back at its history, you would know that this city has risen from the dust of the desert to pierce the clouds. And along the way it has nurtured a open culture and a cosmopolitan character.
Dubai has been able to embrace modernism without losing ties with its rich Islamic culture and heritage. The government has espoused a tradition of tolerance and do not discriminate its citizens along religious lines.
No wonder why Dubai has been successfully able to project itself as the lifestyle destination of the Middle East. With its slew of luxury high rises, man-made islands, prestigious hotels, renowned restaurants, theme parks and malls, Dubai offers a distinct lifestyle.
Although it is deeply steeped into tradition, Dubai doesn’t impose its theocratic culture on the expats and tourists.
There is an active nightlife in Dubai, where alcohol flows freely in licensed bars and clubs. However you are required a obtain a drinking license before you obtain the drinks. Drinking in public places is strictly banned and so is being drunk in public places.
Bikinis may be worn in the beaches, however, when in public places, you are expected to cover up. Public display of affection and nudity is strictly prohibited. Dubai is tech savvy and so is its government. Most government services could be availed online. However certain Internet services and sites may be barred because of its incompatibility with its belief system, and Dubai make no bones about this fact.
With people from more than 200 countries living in Dubai, there is a strong expat community in Dubai. In fact, Emiratis form less than 1/5th of the population. With an expat community as strong as this, there is regular interaction among expats with similar interests and pursuits.
English is the most widely spoken in Dubai, which makes communication easier. Also, what enamors expats is Dubai’s income tax free policy.
The constitution of UAE provides for religious freedom and do not discriminate on religious grounds. The administration is extremely strict on any form of extremism.
In exchange of all that Dubai provides to the wider expat community, all it wants is for its own culture and tradition to be respected and revered. Quora Icon

The government is pro-business, it’s a known tax haven, the attitude is liberal, crime rate is low, the investment environment is convivial, and when compared to major markets around the globe, the property prices are quite affordable. The real estate market has seen much and over time has matured. The government has introduced regulations to keep things cool and stable, and by all means, is determined to avoid another property bubble. The emirate was rattled by the last real estate bubble, to emerge out of which the emirate showed extreme defiance and character.
Now, with World Expo 2020 approaching, the market is once again set to see a plenty of more action. The vibe around is positive, and investors are optimistic. Quora Icon

There are a number of things that a beginner real estate investor, or anyone for that matter, should keep in mind before venturing ahead into the real estate market. Like any other business, investing in real estate has its own set of demands and challenges. First things first, ensure that the ‘little money’ you are talking about is enough to buy a good house in a decent area. Else, you will have to procure finance. Now to make yourself eligible for finance, ensure that your credit history is clean and blemish free. After that, find a good lender (a bank or a mortgage broker). However, if you have the cash, you may proceed ahead without having to look for a lender.
Once you are green on the money front, do your research and find an area you would want to invest in. Search online or enlist the help of an experienced realtor, who would not only help you locate a good property, but also provide you with good market insights.
Before you go ahead with the purchase, you might want to consult other investors in the area. To find them you may attend real estate networking events, or better join a real estate club in your area.
Before you make the purchase and rent out your property, ensure that you will get a good monthly / annual returns on your investment. Quora Icon

Even nationals who do not belong to UAE or any of the Gulf Cooperation Council (GCC) countries, can buy or lease properties in the freehold areas of Dubai. If you have the means, buying a property in Dubai is pretty easy and straightforward.
However, while buying a property, it is always advisable to take the help of an experienced real estate agent, like Aurum Real Estate. Having a seasoned real estate agent will make things extremely convenient for you. Quora Icon

Before buying a property, you must employ due diligence and keep a number of things in mind.
First of all, you must ensure that you are financially prepared, and that buying a home wouldn’t leave you in the lurch. Know how much you can borrow, and do you math properly.
Once you are good on the money front, go for the right property in the right location. Do your research well and shortlist only a handful of location. Going with too many locations will only confuse you.
If the property you finally select is a ready to move property, do a thorough inspection of it. It’s a good idea to make a list of things to check. If the property is in a shared community, be clear on the maintenance costs front.
If you are satisfied with every aspect of the property, verify the owner and check all relevant papers. It is always advisable to enlist the help of professional real estate experts. Quora Icon

Imperatively you document should all exchanges and assurances properly, as it is always better to have things in black and white. Read and make sure that you understand the agreement. Raise all relevant issues with the broker / landlord. In case of any doubt, take the help of an expert. In addition to a thorough inspection of the property, inspect the location. Make sure it is safe and convenient on all fronts.Discuss the terms and conditions related to maintenance and repair costs.
If it’s an apartment, ensure that the all charges related to ancillary services (if any, like gym or swimming pool) have already been paid for.If you keep these things in mind and maintain the house like your own, we do not foresee any reason for having trouble. Quora Icon

You do not buy a home everyday, and when you do, you wish to ensure that almost all things go well. As such, you must employ due diligence and keep certain things in mind.
First of all, you must ensure that you are financially prepared, and that buying a home wouldn’t leave you in the lurch. Know how much you can borrow, and do you math properly.
Once you are good on the money front, go for the right property in the right location. Do your research well and shortlist only a handful of location. Going with too many locations will only confuse you.
If the property you finally select is a ready to move property, do a thorough inspection of it. It’s a good idea to make a list of things to check. If the property is in a shared community, be clear on the maintenance costs front.
If you are satisfied with every aspect of the property, verify the owner and check all relevant papers. You may also enlist the help of a professional real estate agent. Quora Icon

Professional realtors have market knowledge and wisdom, and could make a valuable ally in your property search. Following reasons make a compulsive case for having a realtor by your side.
1. They have a knack for understanding client needs and requirements, and will show you homes that meet your criteria.
2. They know the prevalent rates and the market trends. You will get the best home within your budget.
3. They have the requisite negotiation skills that an inexperienced buyer do not usually possess. You won’t feel cheated on this front!
4. They know about possible issues that mar certain areas and homes, and could advise you well.
5. They will walk you through all legal formalities and necessary paperwork.
6. They could advise and help you in obtaining mortgage.
7. They have industry connects and could help with resources that will help you set up your new home.
8. Most importantly, they will save you a truck load of time, energy and hassle. Quora Icon

A mortgage is basically a loan that you secure from a lender in exchange of a collateral. Mortgages are taken to buy a new property, which also acts as the collateral.
In the eventuality of you being unable to pay-off the loan, the lender shall have the necessary legal rights to take possession and dispose off the collateral property in order to recover the loan.
There are a number of lenders with their own payment structures and interest rates. However, before obtaining a mortgage, it is a good idea to:Improve your credit rating.Arrange maximum down payment.Have a contingency budget.Consult an experienced realtor, like Aurum Real Estate. Quora Icon

Following tips might help:
1. Improve your credit rating.
Credit Rating is a measure of your ability to execute your financial commitments. A good credit rating would mean that you are a low-risk proposition and as such, you make up for a good debtor and hence, it enhances your chances of getting financed.
Credit Rating takes into account your past credit history. And as such, it is essential that you maintain a blemish free record. Make timely payments of your bills and do not accumulate debt.
2. Arrange maximum down payment possible.
This will have a positive impact on the EMI. This will also give you the option to shorten your term length, which would save you a significant sum on interests.
3. Have a contingency budget.
Don’t pour everything on your new home. There are tons of expenses that a new home would entail. There will be many unforeseen expenses like registration fee, broker’s fees, legal fee, possible renovation / modification costs, etc..
4. Consult a realtor.
A realtor will not only be able to help you find the home of your dreams but will also be able to surf you through the mortgage rates and help you select the best-suited financer. A realtor, like Aurum Real Estate, would guide you at each step of the process and make things easy and convenient for you.
Experienced realtors are also acquainted with the latest trends of the market and have wonderful negotiating skills. Just make sure that the realtor you go with is reliable and authentic. Quora Icon

At the time of securing the mortgage, the lender will educate you on the mechanism of payment. The lender will inform you about the payment structure, percentage of interest and duration for which you will have to pay.
In fact, you must obtain this information much before you obtain the mortgage. Prior to obtaining the mortgage, you must read and understand the terms and conditions of the lender. You may also take the help of a qualified professional (a lawyer or a mortgage expert) in this regard. Assess your own financial situation, and proceed ahead, only when you are confident that you will be able to pay off the mortgage comfortably. Quora