Dubai’s thriving real estate market continues to attract foreigners and expats seeking investment opportunities, residency benefits, or high-quality living. With modern infrastructure, tax advantages, and a strategic location, the city offers a compelling property landscape. Whether you’re buying for personal use or investment, understanding the rules, processes, and options available is essential.
Can Foreigners Own Property in Dubai?
Yes—foreigners and expats can buy property in designated freehold areas across Dubai. These include popular locations like Dubai Marina, Downtown Dubai, Palm Jumeirah, Jumeirah Village Circle (JVC), and Business Bay. In freehold zones, buyers have full ownership rights and can sell, lease, or pass the property on to heirs.
Freehold vs. Leasehold Ownership Explained
In freehold ownership, the buyer fully owns the property and the land it's on, indefinitely. In leasehold ownership, the property is leased for a fixed term (typically 30–99 years), with ownership reverting to the original landlord afterward. Expats tend to prefer freehold for greater long-term value and control.
Steps to Buying Property in Dubai as an Expat
Choose a Location: Identify a freehold area aligned with your lifestyle or investment goals.
Work With a RERA-Certified Agent: Always use an agent registered with the Real Estate Regulatory Agency (RERA) to ensure legal compliance.
Sign a Memorandum of Understanding (MoU): Once terms are agreed upon, both parties sign an MoU and the buyer typically pays a 10% deposit.
Transfer Ownership: Finalize the transaction at the Dubai Land Department (DLD), where ownership is officially transferred.
Costs and Fees Involved in a Real Estate Purchase
DLD transfer fee: 4% of the purchase price
Agency fee: Usually 2%
Developer NOC fee: Ranges from AED 500–5,000
Trustee fee: AED 4,000 (resale), AED 5,000 (off-plan)
Buyers may also need to pay service charges annually, which vary by property type and location.
Financing and Mortgages for Foreign Buyers
Expats can apply for mortgages from UAE banks, though eligibility and terms depend on residency status, income, and creditworthiness. Non-residents may receive up to 50% loan-to-value (LTV), while residents can secure up to 80%. A stable income and a clean credit history (UAE or international) are often required.
Property Investment Benefits and Visa Options
Purchasing property valued at AED 750,000 or more can make you eligible for a renewable 2-year residence visa. For properties over AED 2 million, a 10-year Golden Visa may be available. These visas apply to both investors and their immediate family members, making real estate an attractive path to long-term residency.