Question 1

Where is Burj Binghatti Jacob & Co Residences located in Dubai?

Accepted Answer

The Burj Binghatti Jacob & Co Residences is located in Business Bay, Dubai, next to the SLS Dubai Hotel & Residences. This prime position places it in one of the emirate’s most prestigious commercial and residential districts, offering residents quick access to Downtown Dubai, DIFC, Dubai Mall, and the wider Sheikh Zayed Road corridor.
Detailed Explanation
The location of the Burj Binghatti Jacob & Co Residences is a key factor in its exclusivity and investment appeal. Business Bay is considered the beating heart of Dubai’s business and lifestyle hub, strategically positioned along the Dubai Canal and just minutes from the Burj Khalifa and Dubai Mall.
Why the Location Matters:

Central Connectivity: Direct access to Sheikh Zayed Road and Al Khail Road provides easy travel to Dubai International Airport, Dubai Marina, and Jumeirah.

Lifestyle Access: Surrounded by fine dining, five-star hotels, premium shopping venues, and waterfront promenades.

Neighbourhood Prestige: Business Bay is known for high-profile residents, international corporations, and luxury towers, making it one of the city’s most desirable addresses.

Proximity to Icons: Being adjacent to SLS Dubai Hotel & Residences enhances brand association and luxury positioning.

This combination of central location, lifestyle amenities, and global recognition makes the tower’s setting one of its most valuable attributes.
Practical Implications for Residents and Investors
For residents, living in Business Bay means a luxury lifestyle with unmatched convenience  morning commutes are shorter, leisure options are abundant, and panoramic city views are unmatched. For investors, proximity to landmarks like Burj Khalifa and DIFC ensures high rental demand and strong resale value, appealing to both local and international buyers. Additionally, being positioned in an established freehold zone provides long-term ownership security.
Expert Insight & Conclusion
The Burj Binghatti Jacob & Co Residences is not just about breaking height records  its strategic placement in Business Bay secures its reputation as both a lifestyle statement and a prime investment. With immediate access to Dubai’s cultural, business, and leisure hubs, the location reinforces the tower’s status as a landmark development. In essence, this is not only a residence, but a central seat in Dubai’s world-class urban fabric.

Question 2

Can expatriates get a mortgage in Dubai and what are the conditions?

Accepted Answer

Yes, expatriates can secure mortgages in Dubai through UAE banks. The usual requirements include a valid residence visa, a minimum monthly income, and a down payment of 20–25%. Mortgage terms typically range from 15 to 25 years, subject to Central Bank regulations and bank policies.
Detailed Explanation
Dubai’s real estate market is highly accessible to foreign investors, and mortgage availability for expatriates has become increasingly streamlined. However, conditions vary across banks and depend on the applicant’s employment, income stability, and residency status. Standard criteria include:

Residency: A valid UAE residence visa or Emirates ID is typically required to apply for financing.
Income Requirements: Most banks require a minimum monthly salary, usually between AED 10,000–15,000. Applicants must show consistent employment or business income.
Down Payment: According to UAE Central Bank rules, expatriates must contribute at least 20% of the property’s value for homes under AED 5 million, and 30% for properties above AED 5 million.
Tenure: Mortgage terms usually extend from 15 to 25 years, with final maturity not exceeding the borrower’s retirement age (65 for employees, 70 for business owners).
Other Costs: Fees may include property valuation, processing charges, and mandatory Takaful (insurance) premiums.

Check Your Mortgage Eligibility
Practical Implications for Buyers
For expatriates, mortgage access provides a pathway to owning property in Dubai without paying the full purchase price upfront. However, the down payment requirement means buyers should have sufficient liquidity available. Banks also review credit history and existing financial commitments, which can impact loan approval. Understanding eligibility in advance can save time and ensure smoother processing.
Expert Insight & Conclusion
Expatriates can confidently enter Dubai’s property market with mortgage financing, provided they meet residency, income, and down payment conditions. While terms are favorable, buyers should compare offers across banks to secure the most competitive rates and repayment flexibility. Consulting a RERA-registered mortgage broker is recommended to navigate requirements and ensure compliance with UAE Central Bank rules. For many expats, a Dubai mortgage is not just a financing tool — it is a long-term step toward investment and stability in the UAE.
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Question 3

What are the first steps to buy property in Dubai as a foreigner?

Accepted Answer

For foreigners, the first steps to buy property in Dubai involve selecting a registered real estate agent, ensuring the property is in a freehold zone, and completing the legal process under the Dubai Land Department (DLD). Buyers must sign a Memorandum of Understanding (MoU), pay a 10% deposit, and proceed to transfer ownership at the DLD offices once final payment is made. These steps provide legal protection and ensure the transaction is fully compliant with UAE regulations.
Detailed Explanation
Dubai permits foreigners to own freehold property in designated areas such as Dubai Marina, Downtown Dubai, Palm Jumeirah, and Business Bay. The standard purchase process for expatriates typically includes:

Engage a RERA-Registered Agent: Work only with licensed brokers approved by the Dubai Land Department to ensure transparency and legal compliance.
Select a Freehold Property: Foreign buyers may purchase only in designated freehold zones. Check the property’s legal status with DLD before proceeding.
Sign the Memorandum of Understanding (MoU): This document outlines agreed terms between buyer and seller. A 10% deposit is usually paid at this stage to secure the property.
Obtain a No Objection Certificate (NOC): The developer must issue an NOC confirming that the seller has no outstanding service charges or liabilities.
Finalize Transfer at DLD: Both parties meet at the Dubai Land Department to complete the ownership transfer. The buyer pays the balance, along with DLD fees (typically 4% of the purchase price + AED 580 for title deed issuance).

Start Your Buying Journey
Practical Implications for Foreign Buyers
Foreign investors benefit from strong property rights in Dubai, but it’s important to budget for additional costs such as DLD fees, agency commission (typically 2%), and mortgage registration fees if financing. Using a registered agent reduces risk of fraud and ensures that all steps — from MoU to NOC to final transfer — are handled correctly.
Expert Insight & Conclusion
The process for foreigners to buy property in Dubai is straightforward but requires due diligence. Key priorities are working with a RERA-approved agent, choosing a freehold area, and following DLD’s structured process. By securing the MoU, paying the 10% deposit, and ensuring all clearances are obtained before final transfer, foreign buyers can confidently invest in Dubai’s real estate market with legal protection and long-term ownership rights.
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Question 4

How close is Dubai South to Al Maktoum International Airport and what are the benefits?

Accepted Answer

How Close is Dubai South to Al Maktoum International Airport and What Are the Benefits?

Dubai South is directly anchored by the Al Maktoum International Airport (DWC), one of the
world’s most ambitious aviation projects. In fact, Dubai South was designed as the urban district surrounding
the airport, making it the closest community to DWC. For residents and investors, this proximity
offers unmatched connectivity, economic potential, and lifestyle advantages.
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Proximity to Al Maktoum Airport
The driving distance from most residential areas in Dubai South to the main terminals of Al Maktoum International Airport now Dubai World Central DWC
is typically 5 to 10 minutes. In some cases, depending on the sub-community, it can be less than 5 km.
This makes Dubai South the most convenient location for frequent travelers, aviation professionals, and businesses
that rely on global logistics.
With planned expansion to handle over 120 million passengers annually, the airport is set to become the world’s
largest aviation hub, further increasing the long-term strategic value of Dubai South.
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Benefits for Residents & Investors
Living or investing near Al Maktoum Airport provides several tangible benefits:
• Seamless travel: Ultra-short commute to a major global hub.
• Employment opportunities: Aviation, logistics, and tourism industries fuel job growth.
• Property value potential: Airport expansion drives appreciation across residential and commercial units.
• Global business access: Direct links to free zones and logistics corridors enhance trade potential.
• Lifestyle convenience: Residents benefit from reduced travel stress and enhanced connectivity.
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2025 Market Context
In 2025, Dubai South is witnessing increased buyer demand as the government pushes forward with airport
expansion plans. Developers are launching mixed-use projects to cater to the growing workforce and expected
passenger influx. Historically, areas near major infrastructure projects in Dubai see above-average capital
appreciation, and Dubai South is positioned to follow this trend.
For investors, this translates into a mid- to long-term growth opportunity, while residents gain a modern,
globally connected lifestyle at comparatively affordable entry prices.
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In summary, Dubai South is only minutes away from Al Maktoum International Airport,
making it a unique community where convenience, connectivity, and growth converge.
With the airport poised to become a global mega-hub, both residents and investors
stand to benefit from enhanced infrastructure, job creation, and rising property values.
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Where is Burj Binghatti Jacob & Co Residences located in Dubai?

Detailed Explanation

Why the Location Matters:

Practical Implications for Residents and Investors

Expert Insight & Conclusion

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