Frequently Asked Questions

At Cosmic Infra Real Estate, we are here to assist you throughout the process of buying, selling, renting, or maintaining your home or property. All of your fundamental questions have been addressed below. We are always available and happy to help you if you require any additional assistance or have any questions.

Owning a property in the UAE as a foreigner
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Tо purchase property іnthе UAE, уоu must bеоvеr 21 years of аgе. If уоuѕаtіѕfуthіѕrеԛuіrеmеnt, thе first ѕtеріѕtо make аnоffеr. A fоrmаl sales соntrасt is drafted and аgrееduроnbеtwееnthераrtіеѕ; a dероѕіtіѕmаdе; thе buyer obtains fіnаnсіng, іf needed, the ѕеllеrеnѕurеѕthаt the рrореrtуіѕ not еnсumbеrеdbу anything thаtgоеѕаgаіnѕtwhаthаѕbееn stipulated; fіnаl payment is mаdеbуwауоf a bank draft оrсаѕh in thеlаnd department, аndthеtіtlе deed іѕ transferred to thеnеwоwnеr. There аrеѕеvеrаl charges thаtmауаррlу, for еxаmрlе, сlеаrаnсе of a mortgage, a nеwmоrtgаgе, аnаdmіnіѕtrаtіоn fee, ѕо always bеѕurеtоhаvееxtrасаѕhіn case оfunfоrеѕееnсіrсumѕtаnсеѕ.

Purchasing “Off–Plan” property in Dubai
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Buyers can pay the predetermined amount after the property is delivered with a post-handover payment plan. Payment plans for post-handover in Dubai can range from three to five years, or even ten, depending on the developer and the type of project.

Post-handover payment plans were introduced in late 2013 and were mostly available for larger developments. However, due to the popularity of this payment plan, private developers have also jumped on board.

Post-handover payment plans were introduced in late 2013 and were mostly available for larger developments. However, due to the popularity of this payment plan, private developers have also jumped on board.

End-users (buyers) prefer this payment plan as well because it allows them to settle in the property they have purchased while managing the remainder of the payment conveniently.

 

How do I apply for a mortgage?
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Loans to Indians are also available from UAE banks at attractive interest rates ranging from 3% to 4%. Many UAE banks offer up to 50% mortgages to non-residents; our team can assist you in obtaining a 50% mortgage (loan) on your property. As a result, you can enjoy lower interest rates than in India, as well as 7-10% rental returns on your property. Our Finance Team will help you out with this.

How do I Rent out my property for rent while living Abroad?
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How do I Rent out my property for rent while living Abroad?

  • Dedicated Property Manager
  • Property Valuation
  • Advertising & Valuation
  • Tenant Screening & Selection
  • New Tenancy Registration & Renewals
  • Tenant Move-In / Move-out
  • Rent Collection

Enjoy a stress-free income with our turn-key Dubai property management services. With our experienced team, you can be confident your property is in safe hands and live your life without the stress that comes with being a landlord.

 

Why Ѕhоuld I Hire Cosmic RеаlEѕtаtе?
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All your Dubai Property Needs Under One Roof

For our clients' peace of mind, we specialise in Sales, Leasing, Portfolio Management, and Advisory Services. Our expert team will handle all aspects of renting out your property, including rent agreements, collecting and depositing rent into the client's account, and maintaining the property on an annual nominal fixed charge. You will have complete peace of mind.