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Discussion Starter · #1 ·
Hi all I've been here since last september and I've been following the property market pretty regularly and it seems like the property market in dubai has bottomed out.

Right now I am paying a relatively high rent comparing to the case of paying a monthly mortgage after paying a first installment. So I am thinking of getting an appartment on my own by paying the first installment first.

I have a couple of questions here, I would be glad to get any help or info or advice from anybody here, especially those who have bought their appartment already:
(1) Is there anything like sales tax for an appartment?
(2) How much is the agent fee? (approximately speaking)
(3) Except the housing price, agent fee, or possibly the sales tax, is there any extra charge I need to take care of at the beginning?
(4) anything regarding the local law here I need to watch out for?
(5) In the case that I am not buying it for residential purpose but for investment purpose, do you guys have any educated guess that which area has a better potential? (the area that is easier to find tenants is a priority, for investment purpose.) Any type of appartment would make a better investment? Thanks!

Thanks a lot for everybody here. I appreciate all your help in advance.
 
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