FAQ's
There are many questions that should be asked when buying in Dubai. One of our Skycom advisers would be pleased to answer in detail, just call us on +971 (4) 366 4750 or email us.
In the meantime answers on Visa, rentals and home loans are below.
Can I rent my property?
Yes, you can rent out your properties. Skycom would be pleased to handle this for you.
Can I get a mortgage?
There are lenders in Dubai who lend to both Residents and Non-residents.
Loans depend upon circumstances and the development and are of between 50% and 100%. Please contact Skycom for more information.
Who is eligible to apply for a residence visa?
If the homeowner has no alternative means of sponsorship for a residence visa, the first owner may be sponsored by the developer for residency in Dubai, UAE subject to the applicable immigration laws of the country.
Please note that the first named owner will not be entitled to sponsorship, if he/she is eligible for an employment visa through their employer and/or have any business in Dubai or UAE. The sponsorship does not entitle for employment or any other business activity in the UAE.
To assess eligibility the owner needs to establish to that he/she is not eligible for any employment sponsorship and has no alternative means for sponsorship in UAE. This Residence Visa has to be renewed every 3 years.
Administration & Immigration charges will apply.
How long does the Visa process take?
Visa Application: Approximately 10 - 12 working days for the visa to be issued. Visa Stamping: Approximately 5 - 7 working days for the passport to be stamped after the required documents are submitted once the Medical process is complete.
