Kyrenia, Korshiyaka street, Özyalçin 192 complexPark Heights Square 1, Dubai, UAE69, 67 1 Soi Kokyang, Rawai, Muang, PhuketGrand condo 7, Chroy Changvar, Phnom PenhJl. Dukuh Indah No. 606, Bali 80361, Indonesia1 Sherifa Khimshiashvili Str., BatumiÇağlayan Mahallesi, Barınaklar Bulvarı 5, 07235St. Petersburg, Moika River embankment 36, office 18C/El Montículo 8, 29631, Benalmádena, SpainHungary, Budapest, Merleg St. 12Pulawska Street 17, Warsaw10b Trg Dara Petkovića, Tivat, MontenegroJacques Chirac st., Al Saadiyat Island, Abu DhabiBelgrad, Vidovdanska 3, lokal 2Kazakhstan, Astana, Turkestan str. 14 AJacques Chirac st., Al Saadiyat Island, Abu Dhabi277 Cityview Drive, unit 16 Vaughan, Ontario.Zanzibar TZ, 2303, Tanzania
EN 
RU 
DE 
PL 
NL 
ES 
FR 
IT 
TR 
AR 
ZH 
UK 
CS 
PT 
SV 
FI 
DA 
NB 
ET 
LV 
LT 
HU 
RO 
BG 
SL 
Choosing between buying real estate in Thailand and the UAE is like comparing two exotic dishes: both are appetizing, but each is unique in its own way. Thailand and the UAE attract foreign buyers with their dazzling landscapes, dynamic markets and investment prospects. If you are thinking about where to buy real estate abroad, this article will help you decide. Investors' main objectives usually range from generating returns and permanent residency to capital protection. But where is the best place to invest your money?
Analysis of the real estate market in Thailand and UAE
When it comes to buying real estate abroad, Thailand and the UAE are often in the spotlight. And for good reason, as both countries offer unique opportunities for investors. Let's dive into the details and see what's happening in the real estate market in these exotic corners of the world.
Thailand: An Investor's Paradise
Thailand, known for its white-sand beaches and friendly locals, offers attractive conditions for real estate investment. In recent years, the real estate market in Thailand has shown steady growth. Phuket and Pattaya remain leaders among resort destinations, where property prices range from 1,500 to 3,000 euros per square meter, depending on location and type of housing.
Over the past five years, the market here has experienced a number of changes. In 2020, there was a decline in demand due to the pandemic, but by 2022 the situation had stabilized and prices began to rise. Economic factors such as infrastructure development and tourism growth continue to have a positive impact on the market.
UAE: A modern oasis for profitable investments
The UAE, and more specifically Dubai, has long established itself as a center of luxury and innovation. Despite the fact that the real estate market here is more expensive than in Thailand, it offers excellent investment opportunities. The average cost per square meter in Dubai ranges from 3,500 to 5,500 euros, depending on the area and class of property.
The real estate market in the UAE has also undergone changes in recent years. The economic crisis of 2020 had an impact on prices, but thanks to the active support of the government and the influx of foreign investors, the market quickly recovered. Expo 2020held in 2021 has been a catalyst for increased interest in real estate in the region.
Impact of economic factors
In both countries, economic factors play a key role. In Thailand, the main focus is on the development of tourism infrastructure, which contributes to the growth of prices for resort real estate. In the UAE, the focus is on innovation and attracting international companies, which stimulates demand for commercial and residential real estate.
Thus, investors should consider not only current prices but also the economic outlook to make the right choice.
Comparison of Key Investment Factors in Thailand and UAE
When choosing a country for real estate investment, it is important to consider many factors. Let's look at the differences between Thailand and the UAE in terms of minimum entry threshold, cost per square meter, profitability and liquidity of objects.
| Parameter | Thailand | UAE |
|---|---|---|
| Price per 1 sq.m. on average | 1,500 - 3,000 euros | 3,500 - 5,500 euros |
| Formalization | Flexible process, requires legal review | Structured process with agents |
| Tax on the purchase of real estate | About 2% | 4% registration fee |
| Real estate ownership tax, per year | 0.01-0.03% of cost | Absent |
| Payback | High yield from short-term rentals | Stable long-term rental income |
| Rent per day, average | 50 - 150 euros | 100 - 300 euros |
| Profit per year, on average | 5-7% | 6-8% |
| Annual growth of tourists | Sustainable growth due to popularity of resorts | Constant flow due to business tourism |
| Real estate price growth per year | 5-7% | 3-5% |
So, the choice between Thailand and UAE depends on your goals and capabilities. Thailand offers affordability and good growth prospects, while the UAE attracted by stability and the possibility of high income.
Nuances when buying a home in Thailand and UAE
Buying real estate abroad is always associated with a number of nuances and peculiarities. Let us consider what conditions and restrictions await foreign buyers in Thailand and the UAE.
Thailand: Simplicity and Limitations
In Thailand, foreigners can take full ownership of apartmentsbut with certain restrictions. According to local laws, foreign ownership in a condominium cannot exceed 49% of the total floor area of the building. This means that if you want to buy an apartment in a popular complex, it is worth hurrying before the quota is exhausted.
As for buying processIt is quite simple and transparent. The transaction usually takes between 30 and 60 days. You will need a passport, a sales contract and proof of transfer of funds from abroad.
Additional costs include property transfer tax (about 2% of the property value), stamp duty and legal fees. In general, the additional costs amount to about 5-7% of the property value.
UAE: Attractive conditions for foreigners
In the UAE, foreigners can take full ownership of the property in specially designated areas called "freehold areas". Dubai offers a wide range of such areas, which makes it attractive to foreign investors.
Purchasing process in the UAE is also quite simple. It usually takes between 30 and 45 days. The main documents include a passport, a sales contract and proof of solvency. It is important to note that in the UAE buyers often use the services of agents who help with all the necessary paperwork.
Additional costs in the UAE include registration fee (about 4% of the property value), agent's commission and legal services. On average, additional expenses amount to about 5-6% of the property value.
Thus, buying real estate in Thailand and UAE has its own peculiarities and advantages. In Thailand, the purchase process is more accessible and simple, while in the UAE investors can expect stability and a high level of service. The choice depends on your preferences and investment objectives.
Similarities and peculiarities of the real estate market in Thailand and the UAE
Thailand and the UAE attract investors from all over the world, but each of these markets has its own unique features and common trends. Let's take a look at what these countries have in common and where they differ.
General trends in the real estate market
Both countries are showing sustained interest from foreign investors due to the growing popularity of tourism and improved infrastructure. Investments in real estate in Thailand and the UAE are often seen as a reliable way to protect capital and generate a stable income.
Key differences in legislation and the purchase process
In Thailand legislation is more loyal to foreign buyers, especially when it comes to apartments. However, land purchases for foreigners are limited and require joint ventures with locals. While in UAE foreigners can purchase real estate in full ownership in "freehold areas", which greatly simplifies the purchase process.
Purchasing process in both countries is relatively simple, but in the UAE it can be more structured due to the active role of agents and the existence of clear rules. In Thailand, on the other hand, the process can be more flexible, but requires attention to detail and due diligence.
Which facilities are most in demand among foreigners?
In Thailand apartments and villas in resort areas such as Phuket and Pattaya are in the highest demand. Real estate in Thailand by the sea attracts those looking for tranquility and scenic views. Prices for such properties range from 100,000 to 500,000 euros depending on location and class of housing.
In UAE both residential and commercial properties are popular. Buy an apartment in Dubai - means investing in one of the most dynamic cities in the world. Prices for apartments in prestigious neighborhoods can reach 1,000,000 euros or more, but this is offset by the high level of service and the possibility of obtaining a resident visa.
Thus, real estate market in Thailand and UAE offers a variety of opportunities for investors. The choice between these countries depends on your personal preferences, goals and readiness for certain legislative and economic conditions.
Prospects for growth and development of resort real estate
Investments in resort real estate have always been attractive due to their potential for stable income and opportunities for personal recreation. Let's take a look at what prospects are open to investors in Thailand and the UAE.
Thailand: Infrastructure development and new projects
Thailand continues to actively develop its tourism infrastructure, making it attractive to resort real estate investors. Phuket and Pattaya remain leaders among resort destinations, offering a wide variety of new developments including luxury condominiums and villas.
Prices for resort real estate in Thailand range from 150,000 to 600,000 euros, depending on location and comfort level. In the next 5-10 years, prices are expected to increase by 5-7% per year due to the increased flow of tourists and the development of new vacation areas.
UAE: Innovation and Sustainable Growth
The UAE, and especially Dubai, is known for its ambitious projects such as artificial islands and skyscrapers. Real estate in UAE by the seaespecially in neighborhoods such as Palma Jumeirah and Dubai Marinacontinues to attract the attention of investors from around the world.
Prices for resort real estate in the UAE can reach 1,500,000 euros or more, but this is offset by the high level of infrastructure and the possibility of generating high rental income. Forecasts for the next 5-10 years show a steady growth of the market due to the active development of new projects and an increase in the number of tourists.
Future forecasts
Both countries offer excellent prospects for investment in resort real estate. Thailand attracted by its accessibility and natural beauty, while the UAE offer luxury and innovation. The demand for resort real estate is only expected to grow in both regions, making them attractive long-term investments.
Thus, investors can look forward to steady growth and development of resort real estate in both Thailand and the UAE, offering them ample opportunities for income and capital appreciation.
Yield from short-term and long-term leases
Rental real estate is one of the key factors that attract investors to Thailand and the UAE. Let's understand what kind of profitability awaits property owners in these countries and which properties are best suited for renting out.
Thailand: A tourist paradise for short-term rentals
In Thailand, short-term rentals are hugely popular due to the constant flow of tourists. Phuket and Pattaya - are real magnetic fields for travelers, which makes them ideal for short-term rentals. The average yield from short-term rentals in these regions is around 8-10% per year.
High season for rent falls in the winter months, when tourists from colder countries tend to enjoy the sun and sea. At this time rental prices can increase up to 30%, which significantly increases profitability.
UAE: Stability and prestige of long-term leases
In the UAE, especially in Dubai, long-term rentals are more popular, especially among expats and businessmen. Buy an apartment in Dubai and renting it out is a great way to get a stable income. The average long-term rental yield here is about 6-8% per year.
Low season There is virtually no rental in the UAE, as the city attracts tourists and business people all year round. This ensures a steady flow of tenants and minimal downtime.
Popular platforms for renting out accommodation
In both countries, property owners actively use such platforms for short-term rentals. These services allow to find tenants quickly and provide a high level of security for transactions.
For long term rentals in the UAE, local services and real estate agencies are popular to help find reliable tenants and complete all the necessary paperwork.
Thus, Return on rental real estate in Thailand and UAE depends on the chosen strategy and type of lease. Thailand offers high yields on short-term rentals, while the UAE provide stability and prestige for long-term investments. The choice depends on your goals and property management preferences.
Economy and life in Thailand and UAE
When it comes to life and economy in the countries where you are planning to invest in real estate, it is important to consider many factors. Let's take a look at the standard of living, safety and availability of entertainment in Thailand and the UAE.
Thailand: Exotic Accessibility
- Cost of living in Thailand is considered relatively low compared to Western countries. Monthly living expenses here can be around 800-1,200 euros for a single person, including rent, food and transportation. This makes Thailand attractive not only to tourists, but also to expats looking for an affordable and comfortable lifestyle.
- Security level in Thailand is generally high, especially in tourist areas. However, as in any other country, you should always be careful and watch your belongings.
- Environmental situation in Thailand is diverse. In the major cities there may be air pollution, but in the resort areas the air is clean and fresh, which attracts many tourists and investors.
- Availability of entertainment Thailand has an amazing variety of activities. From beach parties and jungle tours to spa treatments and cooking classes, there is something for everyone.
UAE: Luxury and Innovation
- Cost of living in the UAE, especially in Dubai, is higher than in Thailand. Monthly expenses can range from 2,000 to 3,500 euros due to the high standard of living and developed infrastructure. However, this is offset by high salaries and the opportunity to do business in one of the most dynamic cities in the world.
- Security level in the UAE is one of the highest in the world. Strict laws and their enforcement ensure peace and order, which makes the country attractive to families and businessmen.
- Environmental situation in the UAE is also at a high level, especially in new areas where green technologies and sustainable construction are being actively developed.
- Availability of entertainment The UAE knows no boundaries. Everything from luxury shopping malls and theme parks to desert safaris and world-class cultural events can be found here.
Thus, Life in Thailand and the UAE offers different but equally attractive opportunities. Thailand attracted by its accessibility and natural beauty, while the UAE promise luxury and innovation. The choice depends on your preferences and the lifestyle you want to lead.
Education and medicine
When choosing a country for investment and possible relocation, it is important to consider the quality of education and medical care. Let's take a look at what Thailand and the UAE offer in these areas.
Thailand: Affordable quality
Level of medical care in Thailand is high, especially in private clinics, which are known for their quality and affordability. The cost of medical services here is much lower than in Europe or the USA. For example, a visit to a doctor will cost an average of 30-50 euros, and more complex procedures can cost from 200 euros and more.
Availability of insurance for foreigners is also at a high level. Many insurance companies offer policies that cover a wide range of medical services, including dentistry and hospitalization.
Education Thailand has both local and international schools. International schools offer education in English using the British or American system and cost between 5,000 and 15,000 euros per year. This makes Thailand attractive to families with children who want a quality education.
UAE: High standards and innovation
Level of medical care in the UAE is one of the best in the world. Modern clinics and hospitals are equipped with the latest equipment and offer a wide range of services. The cost of medical services is higher than in Thailand, but this is compensated by the high quality of service. For example, a consultation with a specialist can cost from 100 euros, and more complex procedures start from 500 euros.
Availability of insurance in the UAE is also at a high level. Many employers provide their employees with health insurance that covers most of the necessary services.
Education in the UAE is represented by many international schools and universities that offer education in English. Tuition fees at international schools range from €10,000 to €25,000 per year. This makes the UAE attractive to families looking to provide their children with a quality education.
Thus, Education and medicine in Thailand and UAE offer high standards and a variety of choices. Thailand attracted by affordability and quality, while UAE offer innovation and prestige. The choice depends on your preferences and needs in these important areas of life.
Roads and transportation infrastructure
Convenience of movement and developed transport infrastructure play an important role when choosing a country for investment and residence. Let's take a look at the transport situation in Thailand and the UAE.
Thailand: Exotic and affordable
Development of public transportation in Thailand varies from region to region. Major cities such as Bangkok have an extensive network of subways and ground transportation. The subway fare is about 0.50 euros, making it affordable for most residents and tourists.
Ease of travel for foreigners in Thailand is ensured thanks to a wide range of transportation options, from cabs and tuk-tuks to scooter and car rentals. Renting a car costs an average of 20-30 euros per day, making it easy to explore the country.
Affordability of renting and buying a car in Thailand is at a high level. Foreigners can easily rent a car by providing an international driver's license. Buying a car is also possible, but requires necessary documents and taxes.
UAE: Modernity and comfort
Development of public transportation in the UAE, especially in Dubai, is of the highest standard. The city offers a modern metro, buses and cabs that operate around the clock. Metro fares start from 1 euro, making it an affordable and convenient way to travel.
Ease of travel for foreigners in the UAE is provided by a high level of service and infrastructure. Cab and carshare services are widespread, and the roads are of high quality and safe.
Affordability of renting and buying a car in the UAE is also at the top of its game. Renting a car costs from 30 euros per day, and purchase is possible with a local driver's license and resident visa. The UAE offers a wide range of cars, from economy models to luxury sports cars.
Thus, transportation infrastructure in Thailand and the UAE offers a variety of transportation options. Thailand attracted by its exoticism and affordability, while the UAE promise modernity and comfort. The choice depends on your preferences and lifestyle.
Legal and tax specifics
When it comes to buying real estate abroad, it is important to understand the legal and tax aspects that may affect your decision. Let's take a look at what obligations await property owners in Thailand and the UAE.
Thailand: Loyalty and simplicity
Property taxes in Thailand relatively low, which makes the country attractive for investors. The main land and property tax is about 0.01-0.03% of the assessed value of real estate per year. This allows investors to minimize maintenance costs.
Obligations for tenants and landlords in Thailand are governed by a lease agreement, which usually includes payment terms, the lease term and the parties' responsibilities. Landlords are liable to pay tax on rental income, which is about 5-10% of the amount received.
Visa and residency programs for buyers of real estate in Thailand, but foreigners can obtain long-term visas such as the "Elite Visa", which grants residency rights for up to 20 years for a fee.
UAE: Transparency and Benefits
Taxes on real estate in the UAE are absent, which is one of the main advantages for investors. This allows to significantly reduce real estate maintenance costs and increase rental yields.
Obligations for tenants and landlords in the UAE are clearly regulated. The rental contract must be registered with the municipality, and landlords are obliged to comply with the terms of the contract and provide quality housing. There are also no taxes on rental income, which makes investments more profitable.
Visa and residency programs in the UAE offer attractive conditions for buyers of real estate. The purchase of a property worth 750,000 dirhams (about 190,000 euros) or more entitles you to a resident visa, which allows you to live and work in the country.
Thus, legal and tax peculiarities in Thailand and UAE offer different conditions for investors. Thailand attracted by its simplicity and low taxes, while the UAE offer transparency and no taxes, as well as the possibility of obtaining residency. The choice depends on your goals and property management preferences.
What should an investor choose? Final comparison
When it comes to choosing between Thailand and the UAE for real estate investment, it is important to consider many factors. Let's summarize the main pros and cons of each destination and determine which option is better suited for different types of investors.
Pros and cons of investing in Thailand
Positive:
- Availability: Real estate in Thailand, especially in resort areas, is affordable. For example, cozy apartments can be purchased for 100,000 euros.
- Low taxes: Property taxes and rental income are relatively low, reducing maintenance costs.
- High rental yield: Short-term rental yields can reach 8-10% per year due to the constant flow of tourists.
Minuses:
- Restrictions on the purchase of land: Foreigners cannot own land, which limits investment opportunities in villas and houses.
- No residency programs: Buying real estate does not automatically entitle you to long term residency.
Pros and cons of investing in the UAE
Positive:
- No taxes: There are no taxes on real estate and rental income in the UAE, making investments more lucrative.
- Possibility of obtaining residency: The purchase of a property of 190,000 euros or more entitles you to a resident visa.
- High level of infrastructure: Modern projects and developed infrastructure make the UAE attractive for long-term investments.
Minuses:
- High entry threshold: Property prices in Dubai start from 150,000 euros, which may not be affordable for first-time investors.
- High cost of living: Monthly expenses in the UAE are higher than in Thailand, which may affect profitability.
Which option is best for different types of investors?
- For rent: Thailand is ideal for those who want to earn high income from short term rentals due to low prices and high demand.
- For life: The UAE offers a high standard of living and residency opportunities, making it attractive to families and businessmen.
- For resale: The UAE, with its dynamic market and lack of taxes, offers excellent opportunities for those who want to make money from resale.
In the end, the choice between Thailand and the UAE depends on your goals and financial capabilities. Both areas offer unique investment opportunities and the decision should be based on your personal preferences and strategies.
Conclusion
In conclusion, choosing between real estate investment in Thailand and the UAE depends on many factors including your personal goals, financial capabilities and lifestyle preferences. Thailand attracts with its affordability, exotic nature and high rental income, making it ideal for those looking for a profitable investment in resort real estate. On the other hand, UAE offer luxury, tax-free and residency opportunities that are particularly attractive to families and business people seeking a high standard of living and stability.
Both areas offer unique opportunities for capital growth and income generation, and every investor can find something suitable for them. Before making a final decision, it is important to thoroughly research all aspects and possibly consult with real estate professionals.
If you still have questions or would like more information about investment opportunities in Thailand or the UAE, feel free to contact us. We are always happy to help you make the right choice and achieve your investment goals.
Thailand offers affordable prices, high rental yields and low property taxes.
In Thailand it's €1,500-3,000, in the UAE it's €3,500-5,500.
Foreigners cannot own land, but can purchase apartments in full ownership.
The minimum entry threshold for the UAE is around 150,000 euros.
There are no taxes on real estate ownership in the UAE.
Buying real estate in the UAE can qualify you for a resident visa.
Thailand yields 5-7% and the UAE yields 6-8% per year.
Apartments and villas in resort areas such as Phuket and Pattaya.
The UAE has a high level of security due to strict laws and their enforcement.
Thailand does not have automatic visa programs for property buyers, but long-term visas such as the Elite Visa are available.
Recommended news items
