Shine Life agents have a stellar reputation with a deep knowledge of the local market. Our customer obsessed culturally diverse broker team is trained to focus on your unique property needs. We pride ourselves on listening first to understand intimately your personal/family/investment goals. Our brokers have been in the market over many years, during ups and downs providing our clients with expert knowledge on the most preeminent developers.

Shine Life real estate brokers are customer driven and we focus on the unique requirements of each customer. We offer a comprehensive range of services including the sale, purchase and rental of residential and commercial properties. We also offer property management, mortgage advice and investment consultation services.

Off-plan properties refer to properties that are launched and sold by property developers prior to construction commencing or in some cases during construction. Shine Life specializes in assisting clients to purchase directly from developers at advantageous pre-construction pricing, offering potential higher returns on investment after construction is completed. These projects are also popular among investors looking for new, modern properties with flexible payment plans pre and post construction period.

No question that purchasing a new home will likely be one of the largest investments you will make in your life. It’s also important to acknowledge that developers have their own business interests in the property stock and terms of sale they present to you. At Shine Life we believe passionately that regardless of your purchase/investment experience it’s critically important for you to have an experienced real estate broker on your side and to serve your interests exclusively. Some specific areas where we add significant value to our clients include the potential to secure more inventory stock choice; based on our project knowledge, securing the best pricing and/or deal terms and/or payment plan; broad based knowledge of all developer projects in a given area and assisting our clients to make best value for money decisions (more options); and discussing future potential for rental or resale based on market trends in a given area or with a given developer. These are just a few examples where Shine Life brokers provide exceptional and value-added services to our clients.

It’s important to consider the location, amenities, proximity to public transport, schools, medical facilities, shopping, as well as the reputation of the property developer. Shine life brokers are tuned into infrastructure development that may have a very significant impact on your property purchase decision well into the future (i.e. new subway lines, airport construction, new casino developments, etc.). Shine Life brokers listen carefully to your family/investment needs, and we work diligently to find properties that fit your budget and investment goals. Our brokers have been in the market over many years, during ups and downs providing our clients with expert knowledge on the most preeminent developers

Buying properties in Dubai offers numerous benefits, including a tax-free environment for real estate income, premium rental yields, and a fast-growing economy. Dubai’s strategic location and world-class infrastructure make it an attractive destination for both investors and new expat residents looking for a high quality of life.

To experience a smooth property transaction in Dubai, work with Shine Life brokers who are very familiar with local real estate laws and regulations. Shine Life brokers will work closely with you to properly process all paperwork, handle negotiations and legal requirements ensuring a transparent and efficient purchase process from start to finish. You can have peace of mind knowing that we always work in our clients’ best interests.

Several neighborhoods in Dubai offer excellent investment opportunities for buying properties. Areas such as Dubai Marina, Downtown Dubai, Jumeirah Lake Towers (JLT), Business Bay, Jumeirah Village Circle (JVC), Dubai Silicone Oasis (DSO) and Dubai Sports City are known for their high rental demand, prime locations and robust infrastructure. These neighborhoods cater to diverse lifestyles and offer a range of amenities, making them ideal choices for investors seeking capital appreciation and rental income.

Yes, investors in Dubai have the option to purchase multiple properties for investment purposes (UAE nationals or foreigners). Whether you’re interested in diversifying your investment portfolio or expanding your real estate holdings, our team provides expert guidance and personalized investment strategies tailored to your financial objectives and risk tolerance.

Foreign investors in Dubai enjoy the same property ownership rights as UAE nationals in designated freehold geographic areas. However, certain restrictions may apply in specific zones, such as leasehold properties in designated areas or restrictions on land ownership in certain zones. Our team assists clients in understanding the legal framework and regulatory requirements governing property ownership for foreign investors in Dubai.

In the UAE, residential property income is exempt from Value-Added-Tax (VAT). However, VAT applies to commercial rental income at a rate of 5%. Landlords must charge VAT and issue tax invoices while tenants can claim input VAT tax credits if they are VAT registered. Shine Life team provides guidance on VAT implications and ensures compliance with tax regulations throughout the property transaction process.

Conducting due diligence before purchasing a property in Dubai is essential to mitigate risks and ensure a sound investment decision. This involves assessing factors such as property ownership, title deeds, legal encumbrances, outstanding debts, zoning regulations and property condition. Shine Life team conducts thorough due diligence on behalf of our clients to verify the authenticity and legality of the property and address any potential issues or concerns.

To obtain a mortgage in Dubai, you need to meet specific criteria set by banks, such as a stable income, a good credit history and meeting deposit payment requirements. Shine Life agents can connect you with reputable mortgage brokers who will assist you through the application process and get you the best mortgage rates possible. We will be there every step of the way.

Renting a property in Dubai involves locating a suitable property, negotiating rent terms, signing a tenancy contract, and making necessary payments (security deposit, fees, rent, etc.). Shine Life brokers can assist in finding excellent properties for rent in Dubai and guiding you though the entire rental process. We also will also make sure all regulatory compliance documentation is properly completed and processed on time.

Property management in Dubai involves managing the daily operations of rental properties, including compliance documentation, maintenance, tenant communication, and rent collection. Shine Life provides these services complementary to our investment clients, offering property management services, ensuring your property is well-maintained, helping maximize rental income and minimize vacancies.

The UAE government has announced significant changes to the Golden Visa program in 2024. Previously, individuals were required to purchase a property valued at 2 million Dirhams and pay a minimum of 1 million Dirhams up front to qualify for Golden Visa (property type can be residential, commercial or industrial). However, the government has eliminated the 50% down payment requirement. Now individuals only need to pay the booking amount, which typically involves around a 20% down payment and 4% DLD (Dubai Land Department) fee to apply for the Golden Visa. This change is expected to stimulate significant growth in the real estate market once more. If you’re considering purchasing property, now is the opportune time to seize the Golden Visa opportunity.

For properties purchased directly from the developer, you will need to pay the Dubai Land Department for issuing the Title Deed (AED 520), an administrative fee (AED 4,200), and 4% of the property value also to the Dubai Land Department (DLD).

For properties financed through a mortgage or home loan, you will need to pay a Mortgage Registration Fee to the Dubai Land Department equal to 0.25% of the total mortgage value plus AED 290 administration fee. Your property broker can charge an agency fee of 2%, but this is negotiable.

For apartments and villas, service fees for ongoing maintenance and repairs are charged on a per square foot basis and hence will vary depending on your property. The cost to set up utilities (DEWA) ranges between AED 2,300 for an apartment and AED 4,000 for a villa, depending on the number of meters installed, location and property size.

No worries, Shine Life brokers will keep you moving forward and make it easy-peasy!