Frequently Asked Questions
M&Y Properties FAQ
What kind of real estate services do M&Y Properties offer?
Our services include Residential Sales and Leasing, Off Plan property Sales, Investment Consultancy, Property Management, Credit note consultancy, and Commercial Sales and Leasing services. Besides the above our extensive network of partners can take care of a wide range of additional services including home maintenance/renovation/interior design, mortgage solutions, conveyancing support, FX/currency services, and more…
How do I select the right agent to help with my property needs?
M&Y Properties is a boutique brokerage with only a handful of agents/consultants. We pride ourselves on employing only the most trustworthy and experienced brokers with a wide network of clients and fellow brokers. All our colleagues have been selling and leasing all sorts of properties in all areas in Dubai for over 10 years, gaining a wide range of knowledge to guide you through your biggest investment decisions. With the right marketing and information technologies in their hands you can make sure all our colleagues will always be at your service.
What are the benefits of purchasing a property in Dubai?
The Dubai property market is offering a great range of options for all kind of purchasers whether you are looking for an investment option or a potential place to call your home. The purchase processes are very well planned, regulated and smooth. Your property is providing tax free, steady and stable returns with a great chance for price appreciation for the future. In case you purchase a property over 2 Million Dirhams (around 550 Thousand US Dollars) the door opens for even wider possibilities of a so called Golden Visa/ Investor visa that is giving you a chance of residency permit in the UAE as well.
Can foreigners buy a property in Dubai?
Yes. Non-residents can own a property in Dubai’s so called “Freehold” districts which includes some of the most popular areas such as Downtown Dubai, Dubai Marina, Palm Jumeirah, Arabian Ranches, Jumeirah Park, Dubai Hills, Tilal al Ghaf and may more…
Can M&Y Properties manage my property? What are the benefits?
Absolutely. Your journey as an investor only gets started with the purchase process. But the road might get bumpy sometimes while as a fresh owner you try to navigate through the ins and outs of property laws, regulations and standards, make the right maintenance choices, select competent contractors, respond to emergency requests of tenants, go through the administrative procedures of contract renewals and negotiations, make sure that rent payments are always received in a timely manner and in general to select the right kind of tenant to trust your property with. Especially if you are not living in Dubai. All of these tasks will be taken off your hand for a very small percentage of your yearly rent.
