Sydney is the sharpest yield contrast of any market we work with. Gross rental yields on Sydney houses have sat around the low twos for years, which means most Sydney investors rely entirely on capital growth and negative gearing to make a purchase work. Dubai flips that: the entry cost is a one-off four percent Dubai Land Department transfer fee rather than a large state stamp duty, there is no annual land tax, and the rent is not taxed in the UAE.
Rules that apply to every buyer in Australia are covered in the full Australia buyer guide. This page covers what is different in Sydney.
Sydney gross rental yields, particularly on houses, have sat around the low two percent range, which is why most Sydney investment property runs at a cash-flow loss before capital growth. Dubai gross yields are materially higher, especially in mid-market apartment communities, and there is no annual land tax or UAE income tax on the rent to erode them. We show achieved rents in the specific building rather than a market average.
There is no stamp duty of the Australian kind. The equivalent is the Dubai Land Department transfer fee at four percent of the purchase price, plus registration and trustee charges and agency fees where they apply. Budget six to seven percent above the price in total, and note that some off-plan releases include a DLD fee waiver.