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Yes, Dubai allows foreigners to buy freehold properties in designated areas. This means expatriates and international investors can own property outright without the need for a local sponsor. Popular freehold areas include Downtown Dubai, Dubai Marina, Palm Jumeirah, and Dubai Hills Estate.
Dubai offers tax-free rental income, high rental yields, strong capital appreciation, and a growing economy. Additionally, investors can benefit from long-term residency visas, world-class infrastructure, and a strategic global location.
For non-residents, the minimum down payment is typically 20%–25% of the property’s value for first-time buyers. UAE residents can access lower down payments, starting at 15% for properties under AED 5 million.
Dubai has no property tax, capital gains tax, or income tax on rental income. However, buyers must pay a 4% Dubai Land Department (DLD) registration fee at the time of purchase.
Yes, expatriates can secure mortgages in Dubai, but eligibility depends on income, employment status, and credit history. Banks typically finance up to 75% of the property value for first-time buyers, with repayment terms of up to 25 years.
The process includes property selection, signing a Memorandum of Understanding (MOU), paying a deposit (usually 10%), securing financing (if applicable), and transferring ownership at the Dubai Land Department. The entire process can take two to four weeks.
Off-plan properties are new developments sold before completion, often at lower prices with flexible payment plans. They offer high potential for capital appreciation but carry risks related to construction delays. It’s crucial to buy from reputable developers like Emaar, Nakheel, or Meraas.
Yes, property investors can apply for a Golden Visa (10 years) or a 2- or 5-year residency visa if they meet the minimum property investment requirements (typically AED 750,000 for a 2-year visa and AED 2 million for a Golden Visa).
Dubai offers some of the highest rental yields globally, averaging 5%–8% per year, depending on location. Areas like Jumeirah Village Circle, Dubai Marina, and Business Bay are popular for rental investments.
To ensure a secure transaction, work with RERA-registered real estate brokers, verify property ownership via the Dubai Land Department (DLD), and use escrow accounts for off-plan purchases. Always conduct due diligence before signing any agreements.
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