Ways of Payment for Real Estate in Dubai

Lately, I've been emphasizing the need to move assets out of the ruble zone and invest in real estate in Dubai as a means to safeguard and grow your wealth.

Many readers rightfully start asking, "But how?"

Let's delve into it.

Cash

The oldest and most conventional method: you go to the seller, bring a suitcase of money, and exchange it for the keys to the apartment.

However, it's essential to understand that taking a suitcase with $1 million through customs won't work. Hence, for a foreign investor, this isn't the most effective payment method.

Credit

This method allows you to spread out payments for real estate over more convenient terms.

There's a common belief that obtaining a bank loan in Dubai requires resident status — this isn't entirely accurate. If you're interested in the details of obtaining a loan without residency, reach out via the links below, and an expert will get in touch to explain everything.

Cryptocurrency

Digital currency has several advantages:

- Swift transactions
- Low fees
- Independence from sanctions and borders.

This payment method is legal in the UAE, and an increasing number of Dubai developers accept it to attract investors from around the world.

Manager's Cheques

These are cheques issued by a bank at your request, guaranteeing the specified sum to the recipient.

Again, many mistakenly believe that being a Dubai resident is necessary for this. We're ready to assist all our clients with manager's cheques.

Bank Transfer

One of the most convenient and reliable ways of paying for real estate. However, due to the geopolitical situation globally, making SWIFT transfers is challenging right now, but still feasible.

Reach out to us, and our experts will certainly find a legal, secure, and comfortable asset transfer option for you.

The choice of payment method depends on the individual circumstances and preferences of each investor. However, it's crucial to know that there are several alternatives available to streamline and make the process of purchasing real estate in Dubai more flexible and accessible to international investors.

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