Yes, foreign investors can also buy property in the UAE, regardless of whether they are residents or not. Moreover, it is possible to purchase property remotely without having to travel to Dubai. We guide clients through the entire process from A to Z.
No, a personal presence in Dubai is not necessary. Many clients prefer to come in person to view properties and meet with a broker, but the entire purchase process can also be completed remotely.
When buying a property in Dubai, a one-time registration fee of 4% of the purchase price (DLD) is paid. Residential properties are exempt from both VAT and income tax.
It is possible to pay for an investment property by standard bank transfer. However, many clients use online banking platforms such as REVOLUT or WISE, which allow you to send the exact amount in AED and save on exchange rates. Selected developers also accept payment in cryptocurrencies.
Mortgages are available to both residents and non-residents. However, non-residents usually require a higher down payment (40-50%). Please contact us for more information.
Investing in real estate in Dubai is attractive due to the stable market growth, high rental yields (5%-8%) and the absence of income tax. The high return on investment (ROI) makes Dubai an attractive destination for investors. With the purchase of real estate, there is an opportunity to obtain a residency visa, which is beneficial for foreign investors and their families.
Off-plan property is a property that is sold before it is completed or built. The main advantages include a lower purchase price compared to finished properties, the possibility of earning a higher profit on price increases during construction and flexibility in payments. In addition, investors can benefit from advantageous interest-free financing terms offered by developers.
An escrow account is a security account managed by the Real Estate Regulatory Agency (RERA) in Dubai. Buyers’ money is deposited into this account and the developer receives it only after the completion of the individual phases of the project, thus ensuring the protection of the interests of both parties. This system guarantees the safe management of funds and compliance with the agreed terms.
When buying property in Dubai, you can obtain several types of visas depending on the value of the property and the conditions set by the government:
a. Property Owners Visa: For properties worth at least AED 400,000, valid for 2 years and renewable.
b. Golden Visa: For properties over AED 2 million, offering long-term residency of up to 10 years and renewable.
c. Family Visa: Allows property owners to secure visas for their spouse, children and other relatives.
Yes, it is possible to buy property in Dubai using cryptocurrency. Some real estate developers and sellers accept cryptocurrencies such as Bitcoin, Ethereum and others as a form of payment for properties. If you are interested in more information or would like to make such a transaction, please do not hesitate to contact us.
Is it safe to buy property in Dubai? The real estate market in Dubai is regulated by the Real Estate Regulatory Agency (RERA), which ensures transparency, fairness and protection of the interests of buyers, sellers and developers. RERA regulates the processes related to the purchase and sale of real estate, the licensing of real estate agents and compliance with contractual terms. This regulated framework provides investors with certainty and confidence when dealing with real estate in Dubai.
No, a personal presence in Dubai is not necessary. Many clients prefer to come in person to view properties and meet with a broker, but the entire purchase process can also be completed remotely.
Only licensed real estate agents and registered brokers who are approved by the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) are allowed to sell real estate in Dubai. Every broker must have a valid RERA broker card and work for a company that has a valid real estate business license.
We recommend that you always verify that the company and broker have a valid license to avoid fraud or unprofessional behavior. Verification is possible directly through the official website of the Dubai Land Department: https://dubailand.gov.ae/en/eservices/brokers/
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