When you purchase a property, you pay a one-time fee of 4% of its price to the Dubai Land Department (DLD). You do not pay any taxes on profits when you decide to sell the property. The entire return on the property’s appreciation is yours!

Several payment options are available for purchasing a property in the Sobha Orbis project. You can pay in cash, use cryptocurrencies, credit cards, or make a bank transfer. In Dubai, there is no limit on the amount of cash, and there is no need to declare the source of the funds. Important: the payment goes directly to the construction company and not through the real estate agent!

Yes, definitely. When you purchase the property, you become the owner of the property and the land forever until you decide to sell it. In 2006, the government approved full ownership for all foreigners in 33 free trade zones in Dubai. After completing the registration of the property at the Dubai Land Department (DLD), you will receive a deed of ownership of the property directly to your email address.

The funds you transfer to the construction company are held in an escrow account with bank support, ensuring the safety of investors’ funds until the property is delivered. In Dubai, there are strict government oversight, control, and enforcement mechanisms in place to fully protect investors’ funds. You do not need to open a bank account or get involved in the matter as everything is handled by the construction company.

No, there is no need. In Dubai, there is a uniform property purchase contract for all construction companies, which cannot be changed.