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Who is Barclays Real Estate? |
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Barclays is an investment company established in 2004 and is run by British/Arab management. Our extensive market knowledge can help you with your property requirements. Barclays have a team of expert sales consultants and various languages spoken, English, Arabic, Urdu, Hindi, German, Persian and Romanian. |
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Where is Barclays Real Estate office located? |
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We are located in Bur Dubai, on Mankhool Road, in the Al Ain Centre offices, Suite 216, which is next to Computer Plaza. There is car parking available in front of the building. |
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What are your office hours? |
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Barclay's office hours are 9am - 6pm, Saturday to Wednesday and 9am - 1pm on Thursday. However, most of our sales agents are available outside office hours on their mobiles. |
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I want to buy a property - what is the first thing that I do? |
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You would need to secure financing before you choose a property. Have a look at what is available in the market. Decide on your budget, secure the mortgage and then choose your property. |
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Can Barclays advise on which mortgage lender to use? |
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 There are number of different mortgage lender, Barclays often refer their clients to Globaleye Group, based in Dubai who are independent financial planning consultancy, who offer unbiased financial advice. |
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Do I need to be a resident before I can buy a property? |
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No. You don't need to be a resident to purchase a property in the UAE. |
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Does Barclays have a list of properties I can buy from? |
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Yes, you can see the properties listed in the property finder section on our website, this is updated daily. |
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Are there any additional costs? |
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Other purchasing costs may include a transfer fee to the developer of re sale properties. This is usually between 1% and 2% (depending upon the development) of the original sale price. |
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I want to know more about buying and selling in UAE, who should I contact? |
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Barclays will be delighted to assist you with any queries you may have. |
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Do I need an offshore company to purchase my place in Dubai? |
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You do not need to have one but it makes sense to avoid transfer fees, reduce your tax exposure in your home country and to make your purchase Sharia friendly. For further specific advice please contact Globaleye who can offer all the relevant solutions you require to protect your property investment now and in the future. |
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Do I need to insure my property in Dubai? |
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It makes sense to protect any assets that you have and Globaleye can offer quotations without obligation for your property needs. |
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Are there any Inheritance or Capital Gains taxes in Dubai? |
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Absolutely NOT! However if you are buying from overseas you may be liable for such taxes in your home country. For detailed taxation guidance contact Globaleye. |
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