How to Buy Property in UAE with AED 15,000 Monthly Salary – My Real Journey
- Aadil Busheri
- Jun 5
- 3 min read
Purchasing property in the UAE may sound daunting, especially for those on a modest salary. Many expatriates in Dubai wonder if their dream of owning a home is simply too far-fetched. When one individual moved to Dubai earning AED 15,000 a month, friends and colleagues told them it was impossible to buy property on that salary. But instead of giving up, they embarked on a journey that opened the doors to homeownership.
The Challenge: I Thought Property Was Out of Reach
When this individual arrived in Dubai with a salary of AED 15,000, the overwhelming real estate market quickly set in. Conversations with peers suggested that AED 30,000 or more was necessary just to consider homeownership.
This perception almost led them to abandon their dreams. Voices from colleagues and acquaintances seemed to confirm that buying property was out of the question. However, the determination to pursue their goals became the driving force.
They knew there had to be a way to make homeownership a reality.
Finding the Solution: India121 Steps In
While browsing online, the individual discovered India121.com and read an article titled “Can You Buy Property with AED 15,000 Salary?” That article ignited a spark of hope and curiosity. Could they actually navigate the Dubai property market on their salary?
India121 offered several resources that ultimately turned their dream into a practical plan:
Eligibility Calculator: This tool helped them calculate their loan eligibility based on their income.
ROI Evaluator: Valuable for assessing the return on investment for potential properties.
AI Broker Assistant: This innovative feature assisted them in locating properties that fit their budget and needs.
Equipped with these invaluable resources, the individual began calculating their loan eligibility and narrowing down property choices within their financial reach.
The Reality: Salary, Loan & Down Payment Breakdown
Understanding their finances was essential. They calculated the loan amount they could qualify for based on their AED 15,000 monthly salary, bringing clarity to their home-buying journey.
Here is the financial breakdown:
Monthly Salary: AED 15,000
Eligible Loan: Approximately AED 1,000,000
Equated Monthly Installment (EMI): Roughly AED 7,000–7,500
Required Down Payment: About AED 240,000
They also explored various developer payment plans, which provided insight into options available to them. Some notable plans included:
Danube: Offers a monthly payment plan of just 1%.
Samana: Features a flexible 60/40 post-handover plan.
Nshama: Focuses on affordable townhouses priced under AED 1 million.
Using the AI Broker, the individual identified their top three potential projects and scheduled site visits with developers—an essential step in their home-buying journey.
The Journey: Site Visit, Booking & Peace of Mind
As the site visits approached, the individual felt both excitement and anxiety. Each visit brought them closer to the reality of owning their own place in Dubai. They discovered properties that not only fit their budget but also matched their lifestyle requirements.
After careful thought, they chose a property that aligned with their aspirations. Thanks to the helpful support from India121, the booking process was straightforward, turning what could have been a stressful ordeal into an enjoyable experience.
As they signed the contracts, a sense of disbelief washed over them. Their dream of owning a property in Dubai had finally come true. They reflected on their journey with gratitude for the resources and guidance from India121.
“Thank you, Aadil and India121. You made it happen,” they thought, feeling proud of how far they had come.
Final Thoughts on Homeownership
This journey shows that buying property in the UAE, even on a salary of AED 15,000, is not merely a dream. With the right tools and mindset, anyone can successfully navigate the complex property market in Dubai. India121's tools, such as the AI Broker Assistant and the Eligibility Calculator, simplify the process, helping individuals feel confident in their pursuit of homeownership.
If you find yourself in a similar situation, take advantage of the resources available at India121.
Take Action Now
✅ Use the AI Broker Assistant to investigate your property options.
📊 Check the Eligibility Calculator to find out what you can afford.
This journey is a testament to the fact that the dream of owning a home in vibrant Dubai is achievable, even on an average salary. So, why not take that first step today?
Commentaires