Question 1

Can non-UAE residents buy property in Dubai?

Accepted Answer

Yes, non-UAE residents can purchase property in designated freehold areas without any restrictions.

Question 2

What are the benefits of investing in Dubai real estate?

Accepted Answer

Dubai offers tax-free rental income, high ROI, world-class infrastructure, and a rapidly growing economy, making it an attractive investment destination.

Question 3

What is the process for renting a property in Dubai?

Accepted Answer

You select a property, sign the tenancy agreement, pay the security deposit and agency fee, and register the tenancy with Ejari.

Question 4

Are there any restrictions on foreign ownership in Dubai?

Accepted Answer

Foreign nationals can only buy property in designated freehold areas in Dubai.

Question 5

What is a freehold property in Dubai?

Accepted Answer

Freehold property means the buyer owns the property outright and can sell, lease, or occupy it without restrictions.

Question 6

Does buying property in Dubai grant a residency visa?

Accepted Answer

Yes, purchasing property can qualify buyers for a UAE residency visa, with the type and duration depending on the investment amount.

- **Investor Visa (2 years):** For properties valued at a minimum of AED 750,000.
- **Green Visa (5 years):** For properties valued at a minimum of AED 2 million, with specific holding requirements.
- **Golden Visa (10 years):** For properties valued at a minimum of AED 2 million.

Question 7

What is the difference between Freehold and Leasehold property?

Accepted Answer

**Freehold grants** full ownership of both the property and the land indefinitely, with the right to sell, lease, or occupy the property without restrictions. 
**Leasehold grants** the right to use the property for a specific period (typically up to 99 years), but the land is not owned.

Question 8

What are the total costs involved in buying a property beyond the purchase price?

Accepted Answer

Buyers must budget for several additional fees, including:

**Dubai Land Department (DLD) Transfer Fee:** 4% of the property value.

**Registration Trustee Fee:** A fixed fee (e.g., AED 4,000 for properties over AED 500k).

**Real Estate Agent's Commission:** Typically 2% of the purchase price.

**No Objection Certificate (NOC) Fee:** Paid to the developer, typically ranging from AED 500 to AED 5,000.

Mortgage Registration Fee: 0.25% of the loan amount (if applicable).

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