Buy

Dubai's strategic location, business-friendly environment, and tax-free income make it a globally attractive real estate market. While property prices may fluctuate, long-term investments in Dubai generally yield strong rental returns and capital appreciation.

The home-buying process typically includes:

• Defining your budget and securing mortgage pre-approval (if required)
• Engaging a licensed real estate agent
• Identifying and viewing suitable properties
• Making an offer and signing a Sale and Purchase Agreement (SPA)
• Paying a deposit (usually 10%)
• Finalizing ownership transfer through the Dubai Land Department

To buy a property, the following are required:

• Valid passport and Emirates ID (for residents)
• Signed Form F (Memorandum of Understanding)
• Original Title Deed
• NOC from the developer
• Proof of payment of applicable fees

A typical transaction takes 30 to 45 days from signing the SPA to property transfer. Delays may occur if the property is mortgaged, under construction, or pending approvals.

The average property price is approximately AED 2.5 million, which varies by location and property type. Additional costs include:

• Dubai Land Department fee (4% of purchase price)
• Registration trustee fee (AED 4,000 + VAT)
• Real estate agency commission (2% of purchase price)
• Mortgage registration fees (if applicable)

Yes. Banks and financial institutions in Dubai offer home loans to residents and non-residents. Mortgage terms vary, but most lenders require:

• Proof of income
• Credit checks
• Down payment (typically 20% for residents, 25 %+ for non-residents)

Buyers can choose from:

• Apartments (studio to multi-bedroom)
• Villas and townhouses
• Penthouses and duplexes
• Off-plan (under construction) properties from developers
  Each property type offers different benefits depending on lifestyle and investment goals.

Popular residential areas include:

• Downtown Dubai – Luxury living near iconic landmarks
• Dubai Marina – Waterfront lifestyle with vibrant community
• Jumeirah Village Circle (JVC) – Affordable and family-friendly
• Arabian Ranches & Emirates Hills – Gated villa communities
• Palm Jumeirah – Exclusive beachfront residences

Yes. Off-plan properties are purchased directly from developers before construction is complete. Benefits include flexible payment plans and lower prices, but due diligence is crucial—verify the developer’s reputation and project registration with RERA (Real Estate Regulatory Agency).

There is no property tax in Dubai. However, homeowners are responsible for:

• Service charges and maintenance fees (based on RERA rates)
• Utilities (DEWA, air conditioning, etc.)
• Annual building management or homeowners association fees

Yes. A licensed real estate agent offers local market knowledge, negotiation support, and ensures the transaction complies with Dubai’s property laws. Always verify that the agent is registered with RERA.

Yes. Non-residents can buy property in freehold areas and are eligible for mortgages from select banks. Ownership does not require UAE residency, though certain visa programs may be available to property owners.