Question 1

What returns can be expected?

Accepted Answer

It depends on the project, the zone and the entry moment. We work with net yields published by DLD and PropertyMonitor, not brochure figures. The private pre-event dossier delivers verifiable comparables.

Question 2

How does this affect my taxation as a tax resident in my home country?

Accepted Answer

Tax residency isn't chosen by preference, it's determined by facts. The tax note on /dubai explains the objective criteria and the weight of the relevant double-taxation treaty. Before any transaction, validate with your tax advisor.

Question 3

What is escrow and why does it matter?

Accepted Answer

A guarantee account supervised by the Dubai Land Department that holds payments during construction. Without active escrow, we don't recommend a project. It's one of the criteria in the Noriaxi Validation Framework.

Question 4

Is financing available for non-residents?

Accepted Answer

Yes, several Dubai banks finance non-residents (typically 40-60% LTV) and DAMAC has its own mortgage division. But a nuance: sometimes it's presented on social media and by some brokers as a simple process, and it isn't. It's possible, but requires advance planning, a clear strategy and usually the support of a specialised local mortgage broker. It's not comparable in ease to getting a mortgage in your home country. At Noriaxi we steer the client to the right professionals when financing is part of their purchase strategy.

Question 5

Does a purchase in Dubai grant me a Golden Visa?

Accepted Answer

The official threshold is AED 2,000,000 (~€500,000) in real estate assets. It's residency, not citizenship, and the requirements are published by ICP. Documentary validation is part of the process.

Question 6

How does Noriaxi get paid?

Accepted Answer

We work as the buyer's interlocutor. Our compensation isn't paid at your closing with DAMAC; it comes from the developer itself. No hidden cost added to your ticket.

Question 7

What if I want to sell the asset before time?

Accepted Answer

In principle, any asset can be resold during its construction, but it's subject to meeting certain requirements. The most common is having paid approximately 40% of the unit's price, although there may be additional requirements from the developer or linked to construction progress. At Noriaxi we always inform of these conditions at purchase time, so the client can plan their exit strategy from day one. The asset's liquidity depends on several factors: location, developer, apartment typology and market conditions at that moment. We evaluate all these factors in the advisory process, precisely to ensure the client chooses an asset with good exit conditions.

Frequently
asked questions.

Everything you need to know

Frequentlyasked questions.

Everything you need to know

Frequently
asked questions.