Question 1

Can foreigners invest in the Dubai Internet City properties?

Accepted Answer

Yes. Foreigners are permitted to own real estate in Dubai Internet City under 100% freehold ownership permitted by Dubai property regulations.

Question 2

What are the major prices of buying property in Dubai Internet City?

Accepted Answer

Purchasers should also make provision for the payment of 4% DLD transfer fee, 2% agent fee, and 5,000–10,000 AED registration charges, and any likely annual service charges.

Question 3

Is it worthwhile to invest in properties in Dubai Internet City?

Accepted Answer

Yes, because of high demand by information technology experts and proximity to Sheikh Zayed Street, Palm Jumeirah, and Dubai Marina, Dubai Internet City.

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