Dubai Real Estate FAQs For Property and Investment Guide
General Questions
Yes, foreigners can buy property in designated freehold areas of Dubai. Buyers get full ownership rights, and buyers can register properties under their name.
Popular investment areas include Downtown Dubai, Dubai Marina, Palm Jumeirah, Business Bay and Arabian Ranches, depending on budget and lifestyle preferences.
Dubai offers high rental yields (6-8% on average), zero property tax, world-class infrastructure, and strong capital appreciation in key areas.
No, residency is not required. However, investors who purchase property worth AED 750,000 or more may qualify for a renewable residency visa.
There is no fixed minimum, but entry level apartments in freehold areas can start around AED 500,000. Luxury properties, of course, cost significantly more.
Dubai Real Estate FAQs
Dubai has no annual property tax. Buyers only pay a one-time 4% Dubai Land Department (DLD) transfer fee and registration charges at the time of purchase.
Yes, many banks in Dubai offer mortgages to expats and foreign investors. Typically, you can finance up to 50-75% of the property value depending on eligibility.
Investors purchase off-plan properties before completion. The Dubai Land Department regulates these properties and escrow accounts hold funds to protect buyers.
Yes, property owners can rent their units long-term or as short-term holiday homes (with the proper license from Dubai’s Department of Tourism).
You generally need a valid passport, proof of funds, and in case of financing, pre-approval from a bank. Developers or brokers will guide you through the process.