ProStar Realty
Dubai is ready for your Next Big Investment
Know the best localities & projects to invest in right now!
Book with 10% deposit and get 2 Night Stay and Return Transfers from us.
Our Partners
Starting from CAD 300,000*
Easy Payment Plan
Ready & Off-Plan Properties
Dubai’s Market Growth by the Numbers
Dubai’s real estate sector exhibited remarkable growth in February 2024, with property transactions surging by an impressive 34% to reach a staggering $10 Billion in total value. Compared to the same period in 2023, sales volume escalated by 33.98%, while sales value soared by 37.72%, reflecting a bullish market. The increased property demand during February 2024 was primarily concentrated in 5 key areas: Al Barsha South Fourth, Madinat Dubai Almelaheyah, Business Bay, the renowned Dubai Marina, and Al Thanyah Fifth.
Why invest in Dubai?
Make the most out of the Booming Dubai Real Estate Market
Our advisors take the time to truly understand your unique situation, needs and investment goals. We then craft tailored strategies to help you maximize returns while giving you confidence and peace of mind. With a diverse portfolio of properties across Dubai and our profound expertise and insights, PROSTAR REALTY guarantees access to the most lucrative investment opportunities that yield remarkable returns. Our extensive range of offerings, coupled with our specialized knowledge and experience, enables us to provide premium prospects promising high-yield profits. By partnering with us, you secure the best investment avenues that propel substantial wealth growth. Invest with PROSTAR REALTY and witness your wealth soar to new heights as we curate opportunities that deliver superior returns and an upward trajectory for your financial success.
Why invest in Dubai?
Make the most out of the Booming Dubai Real Estate Market
Our advisors take the time to truly understand your unique situation, needs and investment goals. We then craft tailored strategies to help you maximize returns while giving you confidence and peace of mind. With a diverse portfolio of properties across Dubai and our profound expertise and insights, PROSTAR REALTY guarantees access to the most lucrative investment opportunities that yield remarkable returns. Our extensive range of offerings, coupled with our specialized knowledge and experience, enables us to provide premium prospects promising high-yield profits. By partnering with us, you secure the best investment avenues that propel substantial wealth growth. Invest with PROSTAR REALTY and witness your wealth soar to new heights as we curate opportunities that deliver superior returns and an upward trajectory for your financial success.
It's not just our take on things, eh.
The experts from around the world are singing the same tune!
UAE economy is expected to grow by 4.5% in 2024 which will boost housing demand. The UAE Central Bank has increased its 2024 growth forecast for the country's economy to 5.7%, from 4.3% previously, due to an expected rise in oil production next year.
The rental market remains strong with a forecasted 3% increase in rents throughout 2024. According to The Financial Express, Dubai’s prime residential market is poised to remain one of the fastest growing in the world during 2024, albeit with prime prices standing at around $1,020 per square foot the city is one of the most affordable luxury homes markets in the world. This is being driven by renewed and extraordinary demand from key source markets such as China, the UK and India.
According to Dubai Statistics Centre, the population of Dubai escalated by 25,776 individuals, reaching a staggering 3,680,785 between January and March 2024.
According to Deloitte - Dubai’s residential market has sustained an upward trajectory, marked by unprecedented transaction levels in 2023 along with an increase of 18% and 26% Y-o-Y for sales prices and rents respectively as of 2023. Villa price growth has outpaced prices for apartments, while rent growth has moved in tandem when compared to pre-pandemic levels. This trend is expected to continue during 2024, albeit the pace of growth may stabilize further as new supply is launched.
Who Can Buy Property in Dubai?
Nationals of the UAE & Middle Eastern countries:
UAE nationals have full freehold ownership rights for real estate across UAE. Nationals of Saudi Arabia, Oman, Bahrain, Kuwait, Qatar can buy property in Dubai and UAE.
Foreign nationals can buy real estate in Dubai and across the UAE under specific conditions. In Dubai, properties designated as FREEHOLD are open to foreign ownership. Non-resident foreigners and expatriate residents alike can purchase either unrestricted freehold ownership rights or leasehold rights spanning up to 99 years over properties.
Ownership Types for Owning a Property in Dubai
Dubai offers two primary forms of property ownership
Freehold ownership
This type of ownership allows full proprietorship over land and buildings without any time limitations. It applies to various locations throughout Dubai, including Downtown Dubai, Jumeirah Lakes Towers, Palm Jumeirah, and Business Bay.
Leasehold Ownership
Leasehold properties grant temporary usage rights for a defined duration, usually between 99 and 999 years. These properties are available in specific zones, such as Dubai Marina and Discovery Gardens.
Documents Required for Buying a Property in Dubai
To proceed with the purchase of property in Dubai, prospective buyers must prepare the following documents
A Valid Passport
Residence Visa proof
Purchase and Sale Agreement
No Objection Certificate
(for leased or properties that are being resold)
Power of Attorney
(in case where the owner of the property is absent due to any reason)
Escrow Account
The Prostar Investment Journey
Whether you have just started your investment journey, or ready to invest, rest assured that our real estate experts are there to help you get the best deal possible.
Mortgages and Financing options for buying a property in Dubai
If you are opting for a mortgage, familiarize yourself with the lending landscape in Dubai. Banks offer competitive interest rates and flexible repayment plans tailored to suit individual needs. However, keep in mind that banks often demand a minimum down payment of approximately 25%, although some institutions may accept lower deposits.
Managing Absence During Real
Estate Transactions
When the buyer or owner can’t be present, they can authorize an individual through a General Power of Attorney to act on their behalf, enabling them to oversee the process of property purchase on their behalf.
Featured Projects
- Starting Price: AED 1,700,000
- Location: Rashid Yachts & Marina
- Type: 1, 2 & 3 BR Apartments
- Starting Price: AED 1,470,000
- Location: Rashid Yachts & Marina
- Type: 1 & 2 BR Apartments
- Starting Price: AED 1,300,000
- Location: Rashid Yachts & Marina
- Type: 1, 2 & 3 BR Apartments
- Starting Price: AED 1,540,000
- Location: Rashid Yachts & Marina
- Type: 1, 2 & 3 BR Apartments
Avonlea at Rashid Yachts & Marina by Emaar Properties, a luxurious residential development offering meticulously designed 1, 2, and 3-bedroom apartments in the heart of Dubai.
- Starting Price: AED 1,600,000
- Location: Rashid Yachts & Marina
- Type: 1, 2 & 3 BR Apartments
Connect With Prostar Realty
Your gateway to Unparalleled Real Estate Expertise in Dubai, Sharjah & Abu Dhabi.
Craft personalized investment plans for Dubai's Elite Realty
Book the Off-plan/Pre-constructed property with minimum booking amount OR Invest in Trophy Properties. We have every thing for you
