Off plan properties for sale in Dubai developed by ORO24

About the Developer

ORO24 – Redefining Affordable Luxury in Dubai

Established in 2020, ORO24 is a dynamic and emerging real estate developer in Dubai, focused on delivering affordable yet stylish residential and commercial properties. Despite being a relatively new entrant, the company has made a strong impression in the market with its flagship projects like ORO24 Tower and ORO24 Residences, which stand out for their modern architectural designs, strategic locations, and well-integrated amenities.

ORO24 is driven by a mission to provide high-quality, value-driven properties that meet the lifestyle needs of budget-conscious buyers without compromising on aesthetics or functionality. The developer ensures that every project reflects meticulous attention to detail, combining practicality with modern elegance. Through its commitment to affordability, quality construction, and customer satisfaction, ORO24 has rapidly gained a reputation as a trusted name among both first-time homebuyers and investors seeking smart real estate opportunities in Dubai.

Frequently Asked Questions

Yes, foreigners can buy property in Dubai in designated freehold areas, such as Dubai Marina, Palm Jumeirah, Downtown Dubai, and Business Bay. Freehold ownership grants full property rights without restrictions. Alternatively, there are also leasehold areas, where ownership is limited to long-term leases (typically 10-99 years). The Dubai Land Department (DLD) regulates all property transactions to ensure legal security.

When purchasing property in Dubai, buyers should consider the following costs: • Dubai Land Department (DLD) Transfer Fee: 4% of the property value, plus AED 580 admin fee. • Registration Fee: • AED 2,000 (for properties under AED 500,000) • AED 4,000 (for properties above AED 500,000) • Real Estate Agent Commission: Typically 2% of the purchase price. • Mortgage Registration Fee: 0.25% of the loan amount (if applicable). • Service Charges: Varies by property type and location (annually paid to the developer for maintenance and upkeep).

Yes, property investors can obtain a residency visa through property ownership: • 3-Year Investor Visa: Minimum property value of AED 750,000 (joint ownership allowed for spouses). • 5-Year Golden Visa: Minimum property value of AED 2 million (can include off-plan properties if paid in full). • 10-Year Golden Visa: Available for investors with properties worth AED 2 million or more, with the flexibility of mortgaged properties. All visas are subject to renewal, and visa holders can sponsor family members. The visa application is processed through the Dubai Land Department and the General Directorate of Residency and Foreigners Affairs (GDRFA).

Minimum Investment: You must invest AED 2 million+ (approx. ₹4.5 Cr INR or $545,000 USD) in property value. Eligible Properties: Can be off-plan or ready, but must be DLD-registered and mortgage-free (or meet loan conditions). Visa Duration: Grants a 10-year renewable residency with family sponsorship. Benefits: Live, work, study in the UAE without a national sponsor; full business ownership and freedom to travel.