Indeed, foreign nationals are able to purchase property in Dubai, but under specific rules. Foreigners are permitted to buy 100% owned designated freehold portions of land. Additionally available are choices for leasehold properties with long-term contracts.
Buying property in Dubai requires:
- Valid passport
- Evidence of income or financial capacity
- If relevant, a residence visa for UAE nationals.
Non-residents can also buy real estate, however, some rules could apply, including a minimum investment level.
Unlike many other countries, Dubai does not levy property taxes. But depending on the development, there are service fees for maintaining community areas that apply.
No, you do not need a visa to buy property in Dubai. Property in certain freehold regions is purchaseable by both inhabitants and non-residents. But having a house of AED 750,000 or more qualifies you to seek for a renewable UAE resident visa.
Indeed, for abroad purchasers we provide virtual tours, video conferences, and remote transaction support.
Indeed! We simplify and stress-free handle the whole registration process with the Dubai Land Department.
January 2025 saw the first drop since July 2022, when Dubai's property values dropped 0.57% to AED 1,484 per square foot. Apartment rates ranged from AED 1.35M; townhouses from AED 2.26M. However, Dubai's real estate market is still among the best in the world despite little variations; it continues to present great investment options.