Yes, foreigners can buy property in Dubai. In 2002, the Dubai government opened the market to foreign investors, allowing them to purchase property in designated areas called “freehold areas.” Legally, the transaction is formalized through a sale agreement and property registration with the Dubai Land Department (DLD). You will own the property with full ownership rights (freehold).

Yes, the buying process can be completed remotely. You can issue a power of attorney to your representative, who will act on your behalf, and also use electronic signatures to finalize the transaction.

Yes, foreigners can obtain a mortgage in Dubai banks, but the terms may be stricter than for UAE citizens. Banks usually require a down payment ranging from 20% to 50% of the property value. Some developers also offer installment plans, often with more flexible terms.

Additional expenses include:

• Registration fee with the Dubai Land Department (4% of the property value).
• Notary services and legal assistance (from 1% to 2%).
• Service charges for the maintenance and upkeep of the building (the amount depends on the type of property and location).

The average rental yield in Dubai ranges from 5% to 8% annually. This depends on the type of property (apartment, villa), its location, and market demand. In popular areas such as Dubai Marina, Downtown Dubai, or Palm Jumeirah, rental yields can be higher. For short-term rentals through platforms like Airbnb, the rental yield can reach 10% to 15%.

Prices for real estate vary depending on the area:

• Villas or townhouses in elite areas (Palm Jumeirah, Emirates Hills) can cost from $1 million and above.
• Apartments in Dubai Marina, Downtown Dubai, or JBR start from $300,000.
• In new developing areas, you can find more affordable properties for $150,000-$250,000.

In Dubai, there are no taxes on rental income, capital gains, or property ownership. However, you will have to pay service charges for building maintenance, which vary depending on the property. The one-time registration fee is 4% of the property’s value.

The property purchase process in Dubai usually takes from 4 to 8 weeks. This includes finalizing the deal, checking the legal status of the property, payment, and registration with the Land Department.

1. Economic stability and growth: Dubai has become one of the most dynamically developing cities in the world, with a diverse economy focused on financial services, tourism, trade, and technology. This creates a stable foundation for investments and business.

2. Tax advantages: Dubai has no capital gains tax or personal income tax. This makes real estate investments more attractive to foreign buyers, as they can keep a larger portion of their income.

3. Developed infrastructure: modern transport, schools, healthcare facilities, and entertainment venues. This creates comfortable conditions for living and doing business.

4. Investment potential: Real estate in Dubai, especially on the secondary market, has significant potential for value appreciation. This is particularly important for those looking to invest in rental or commercial properties.

5. International appeal.

There are no 100% guarantees on profitability in real estate investments, as it depends on many factors such as market conditions, the economic situation, and the individual characteristics of the property. However, we use thorough market analysis and select properties in high-demand areas with significant growth potential, which greatly increases the chances of stable income. We also offer various property management strategies that can help maximize your returns.

It is important to note that we provide regular reports and analytical data, so you are always up to date with market changes and can make informed decisions about your property. Therefore, while we cannot guarantee profitability, we do everything possible to minimize risks and increase your income.