Buying Property in the UAE Weighing the Pros and Cons

The United Arab Emirates, especially glittering metropolises like Dubai and Abu Dhabi, have become magnets for real estate investors and families seeking an upgraded lifestyle. From sleek high-rises to lavish villas, the options for luxury living in the Emirates seem endless. However, as dazzling as life in the UAE can be, there are some considerable downsides to consider before relocating there or buying property.

On the negative side, the UAE can be extremely hot, with summer temperatures soaring well over 100°F on most days. The country also has very strict laws based on Islamic principles that some may find difficult to adapt to. Cost of living is very high compared to other destinations, especially housing, dining out, and fees for private education.

For foreigners, getting residency can also be an arduous process requiring substantial investments, high salaries secured in advance, or ownership of freehold property. Even when these conditions are met, residency status may need to be renewed frequently. Healthcare costs are astronomical unless you have insurance from your employer. At the end of the day, living in the UAE - while offering crystal blue waters and luxury living - requires deep pockets.

Yet despite these hurdles, the UAE still tops lists as one of the most popular places for expatriate relocation and property investment. This phenomenon is largely due to the country's stability, safety, openness to foreigners, and favorable tax laws. For savvy investors, buying real estate in an up-and-coming development is a promising way to grow wealth over time. Two prime examples are the elite Sobha Creek Vistas Heights apartments being erected in Dubai and the Royal Breeze residences taking shape along the shores of Ras Al Khaimah.

These forthcoming housing complexes cater to the ultra-rich who want supersized living spaces without sacrificing an ounce of style or comfort. Sobha Creek Vistas Heights will offer ritzy multi-bedroom units with Dubai Creek views in a coveted area of town. Its Royal Breeze sister project brings beachfront luxury living to RAK, a quaint Emirate an hour from Dubai that's recently undergone massive development itself. Real estate in Royal Breeze in Ras Al Khaimah you can view here

Despite some evident disadvantages, the UAE continues to be a sound relocation choice and real estate investment bet for many. Projects on the horizon, like Sobha's luxe Dubai flats and Royal Breeze’s RAK palaces, are set to deliver off-plan returns for years to come. For those who can shoulder the high price tags, homes in these two elite communities - and others now rising across the Emirates - will make living in the desert feel like a breeze.