Damac Lagoons - modern detached villa for sale in Dubai

Dubai is a country that connects Asia with Europe. Direct flights from Warsaw and Kraków to Dubai operate twice a day, and in just 5.5 hours Emirates or FlyDubai can take you there. Once you arrive, sunshine and good weather await you for 360 days a year. In the United Arab Emirates, there is no property ownership tax, and VAT is only 5%. Rental yields vary depending on the district and location, ranging from 5% to 8% annually for long-term rentals, while these returns can be doubled or even tripled with short-term rentals. Dubai is a cosmopolitan country — only 30% of the population are local Emiratis, while the rest are expatriates. As a result, there is no problem with schools; you can easily find American, IB, international, British, German, French, Australian, and Swiss schools, all with English as the language of instruction. Property prices vary greatly depending on the district. A one-bedroom apartment with an area of 70 m² in a pleasant and conveniently located neighborhood can be purchased for as little as AED 1.2 million, which is just over EUR 300,000.