ALIRA

Residential and commercial real estate in the UAE is highly sought after by foreign citizens. Thanks to its mild climate, investment potential, and high level of security, people choose the country for both permanent residence and capital investment. With Alira Real Estate agency, you can find, purchase, or rent property in the United Arab Emirates tailored to your requirements. We provide consultation and legal support at every stage of the transaction.

Popular Cities for Purchasing and Renting Real Estate in the UAE:

If you are seeking to acquire high-quality overseas real estate, the Emirates offer an excellent opportunity. In every city of the country, there is a diverse selection of commercial and residential properties. Popular destinations include:

Abu Dhabi. The capital of the United Arab Emirates, a bustling metropolis that contributes to about a third of the state’s economy. The city offers real estate options to suit every preference. Freehold zones are situated in the Saadiyat area and on Yas Island, where exclusive apartments or properties for comfortable family living can be found.

Dubai. A major city in the country, a developed commercial and tourist center with active trade and business life. Our real estate agency in Dubai offers buyers a wide selection of apartments, villas, and luxury apartments in elite urban areas. Dubai’s residential sector is ideal for investors seeking to maximize profits from purchasing and renting square meters.

Ajman. The smallest emirate in the country, surrounded on three sides by lands belonging to Sharjah. It is characterized by a developed economy focusing on construction and manufacturing industries. Ajman was the first emirate to grant global investors full ownership of real estate.

Ras Al Khaimah. A small emirate on the eastern coast of the country, adjacent to Oman. It attracts investors with comfortable apartments, villas, and commercial properties. By exploring our real estate website in the UAE, you will find quality housing on the coast of Ras Al Khaimah, in popular districts such as Al Marjan or Al Hamra.

Fujairah. The only emirate located on the shores of the Gulf of Oman, rather than the Persian Gulf. The presence of a large seaport and developed freight transportation makes it popular among investors. In the emirate, you can purchase apartments, apartments, and luxurious villas that quickly yield returns through short-term and long-term rentals.

Sharjah. The third-largest emirate by area, a prosperous city in the region. It holds a business and economic status, providing investors with high returns on investments. Apartments in Sharjah are easy and quick to rent out. The benefits of investments are achieved through active commercial activities and the absence of certain significant taxes.

Types of Real Estate

Real estate in the United Arab Emirates caters to all buyer preferences. Everyone will find an option according to their preferences and budget. Our agency offers the following for purchase:

• Apartments and Flats: Ranging from 1 to 5 rooms, these properties are situated in the city center or by the sea. Some residential complexes are specifically designed for young professionals or childless couples, offering comfortable studios. Others feature elite housing options for discerning clients.
• Villas: Predominantly located in gated residential complexes or within autonomous neighborhoods, villas are standalone private houses surrounded by well-developed infrastructure. Residential complexes may include amenities such as shops, sports centers, saunas, tennis courts, and more.
• Penthouses: Luxurious apartments situated on the top floors of multi-story buildings, boasting spacious layouts and breathtaking panoramic views of the sea or cityscape. Penthouses often feature private access to rooftop areas.
• Townhouses: Two-story buildings comprising multiple multi-level apartments with separate entrances. Renting or purchasing such housing grants access to a private plot of land and parking space.
• Commercial Real Estate: Represented by a diverse range of premises tailored for business operations. Offices, hotels, and hotel rooms are among the offerings available to legal entities.

UAE Property Prices

Real estate in the Emirates encompasses a diverse price spectrum, ranging from affordable housing options to luxurious properties valued in the millions of dollars. The price per square meter in the UAE is influenced by various factors including property size, location, number of rooms, and unique features. Typically, the highest-priced offerings are situated along the coastline or in the central districts of cities.

To assist you in understanding these price dynamics, we provide a summary of current real estate prices per square meter in major cities across the country as of 2023:

• Abu Dhabi: 14,967 AED in the city center and 14,089 AED in the outskirts.
• Sharjah: 8,500 AED in the city center, 7,200 AED in suburban areas.
• Dubai: 14,381 AED in the city center, 8,614 AED in other parts of the city. Prices can reach up to 27,500 AED in prestigious resorts.
• Fujairah: 5,138 AED in the city center and 4,786 AED in suburban areas.
• Ajman: 3,983 AED in central areas and 3,013 AED in suburban areas.
• Ras Al Khaimah: 11,500 AED for central areas, 7,000 AED on the outskirts and beyond the center.

These figures represent average real estate prices. For precise information regarding the cost of a specific property, we recommend consulting with our specialists.

Real Estate Investments in the UAE

The United Arab Emirates boasts a stable economy and a high level of security, rendering its real estate sector highly appealing to investors. The market primarily thrives among foreign buyers, who can secure profitable investments, even during the construction phase of a property. Investing in properties in the UAE under construction can yield capitalization benefits of up to 20-30%.

Real estate in the UAE serves as a reliable asset, particularly in major cities like Abu Dhabi and Dubai. Long-term rental of residential properties offers an average return on investment (ROI) ranging from 5-8% per annum, with certain areas in Dubai reaching up to 10%. Short-term rentals present even higher figures, reaching up to 13% per annum.

Services of Alira Real Estate Agency

Alira Real Estate agency offers clients qualified assistance in purchasing, selling, and renting real estate in the United Arab Emirates. When you reach out to us, you can expect the following services:

• Property Purchase: With our company, you can acquire a property that fully aligns with your comfort requirements. We assist in finding suitable options, safeguarding your interests throughout the purchase process, and providing post-sales service.
• Property Sale: Our agency’s specialists will evaluate your property, prepare necessary documents, manage advertising and promotion through marketing channels, negotiate with buyers, and offer legal support for the transaction.
• Short-term Rental: If you seek accommodation for a brief period, our Dubai real estate agency presents housing with favorable rental conditions. The staff at Alira Real Estate will aid in selecting a house or apartment and managing tenants.
• Residency Acquisition: Drawing from our extensive experience in the real estate market, we offer detailed consultations and professional assistance in obtaining residency.
• Property Management: Our team of qualified specialists oversees real estate rental, property maintenance, repair work, and other tasks, ensuring time-saving and compliance with legal regulations.
• Commercial Real Estate: We offer consultations on purchasing and selling commercial real estate, advising on profitable premises acquisition and associated rules and laws. During transactions, our staff meticulously review documents and provide transactional support.

Alira Real Estate is a reputable real estate agency in Dubai and the UAE, serving as your dependable partner in residential and commercial property dealings. We prioritize an individual approach to clients and offer flexible cooperation terms tailored to their needs. If you’re in search of expert guidance and personalized service in the dynamic real estate market of the UAE, look no further than our esteemed real estate office in Dubai. For consultations and professional assistance in real estate transactions, please reach out to us via email at info@alirarealestate.com or call us at +971 (588) 337 or +7 (986) 927-73-77.