Dubai’s real estate market brings numerous opportunities and dream places for everyone. Recent trends show that foreigners including expats are soaring to invest in the property business or buy apartments or villas for their families. And why not? The high ROI and the modern-day amenities attract foreign investors and families alike.
Are you a foreigner and planning to buy a property in your desired place in UAE? Worry not, as we have gathered every necessary and helpful information for you. This blog covers everything you need to know about buying a property in Dubai as a foreigner. Let’s explore more!
Which Areas in Dubai Can You Buy Property in as a Foreigner?
As a foreigner and expatriate, you can only buy property (an apartment, villa, or both) in the Freehold areas. Freehold areas in Dubai are designated zones where foreigners can legally purchase, lease out, and sell properties with full ownership. Here are those such cities based on the type of property you can buy there:
For Apartments Only
Arjan, Barsha Heights, Bluewaters Island, Business Bay, Culture Village, Discovery Gardens, Downtown Dubai, Dubai Creek Harbour, Dubai Harbour, Dubai International Financial Centre, Dubai Investment Park, Dubai Marina, Dubai Production City, Dubai Residence Complex (Dubailand), Dubai Science Park, Emaar Beachfront, Jumeirah Beach Residence, Jumeirah Heights, Liwan, Jumeirah Lake Towers, Madinat Jumeirah Living, Mirdif Hills, Mirdif Tulip, Old Town, Park Gate, Residences, Remraam, The Greens, The Views.
For Both Apartments & Villas
Al Barari, Al Furjan, Al Khail Heights, Al Warsan, DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Dubai Islands, Dubai Festival City, Dubai Hills Estate, Dubai Silicon Oasis, Dubai South, Dubai Sports City, Dubai Waterfront, Dubailand, International City, Jumeirah, Jumeirah Golf Estates, Jumeirah Village Circle, Meydan City, Mohammad Bin Rashid City, Rashid City, Motor City, Mudon, Palm Jumeirah, Sobha Hartland, Sobha Hartland II, Tilal Al Ghaf, Town Square, Wadi Al Safa 2, Expo City, The World Islands.
For Villas Only
Arabian Ranches, Arabian Ranches 2, Arabian Ranches 3, Emirates Hills, Jumeirah Islands, Jumeirah Park, Palm Jebel Ali, Reem, The Lakes, The Meadows, The Springs, The Sustainable City, The Valley, The Villa.
Official Documents Required
If you are a foreigner, expat or non-resident, you will need the following documents to buy and register a villa or apartment in Dubai:
- A valid passport.
- Evidence of Dubai residency status, such as a visa or permit.
- Income proof, including salary slips.
- Proof of your current address.
- Bank statements demonstrating the financial capability to afford the property.
Fee Structure of Buying a Property in Dubai as a Foreigner
When purchasing a property in Dubai as an expat or foreigner, you must first register with the Dubai Land Department (DLD). Here is a detailed overview of the fee structure for buying property in Dubai for foreigners:
DLD Fee
4% of the purchase price.
Administrative Fee
- AED 580 for apartments and offices.
- AED 40 for off-plan projects.
- AED 430 for land.
Property Registration Fee
This fee is based on the specific property value.
- Properties costing below AED 500,000: A fee of AED 2,000 plus 5% VAT.
- Properties costing above AED 500,000: A fee of AED 4,000 plus 5% VAT.
Mortgage Registration Fee
0.25% of the loan amount plus AED 290.
Real Estate Agent Fee
Ranges from 2–4% of the purchase price plus 5% VAT.
Oqood Contract Fee
This fee only applies if you are buying a property from any developer.
There are ongoing annual service fees after completing the transaction and transferring property ownership.
Service Fee
This fee is collected by the Owners Association or Property Management Company. The service fee is based on the RERA Service Charge and Maintenance Index and is monitored by the Dubai Land Department.
Property Registration For Foreigners and Expatriates in Dubai
Before doing anything else, you should first evaluate your budget and obtain an NOC from DLD to proceed with the registration process. Here’s the procedure to buy and register your property as an expat in Dubai.
- Confirm eligibility for expatriate property ownership in Dubai.
- Choose a property based on preferences and budget.
- Conduct due diligence on the property, including developer reputation and legal compliance.
- Evaluate financial capacity and secure necessary financing.
- Sign a sales agreement with the property seller.
- Obtain a No Objection Certificate (NOC) if buying from a developer.
- Visit the Dubai Land Department (DLD) to submit the required documents.
- Pay the fees for property registration and administrative charges.
- DLD verifies documents and registers the property in the buyer’s name.
- Receive the title deed from the DLD, confirming ownership.
- Fulfill post-registration obligations, including annual service fee payments.
Post-Purchase Considerations
After purchasing a property in Dubai as a foreigner, you must consider various factors for smooth and successful property ownership. These include:
- Fulfill annual service charges and maintenance fees.
- Ensure ongoing legal compliance with property ownership regulations.
- Consider obtaining property insurance for protection.
- Explore resale or rental opportunities based on market trends.
- Regularly maintain and care for the property to preserve its value.
- Engage with the local community and participate in association activities.
- Be aware of tax implications related to property ownership.
- Safeguard all legal documents, including the title deed and sales agreement.
- Continuously assess financial readiness for potential future expenses.
- If you want to rent out your property, acquire a property management permit from DLD.
Real Estate Agents Like Jaxtox Real Estate Can Help
Buying property in Dubai as a foreigner can be challenging, but experts like Jaxtox Real Estate make it easier. They guide you through paperwork, legal steps, and property searches, ensuring a smooth and stress-free experience—whether you’re buying to live or invest.
Factors to Consider for Foreigners/Expatriates When Buying Property in Dubai
There are several benefits of buying a property in Dubai. Expatriates exploring Dubai’s property market should take into account various essential factors when selecting a property.
Location
Assess proximity to workplaces, schools, amenities and public transport. Consider the neighbourhood’s overall atmosphere and future development plans.
Budget and Affordability
Establish a clear budget that includes all associated costs. Explore financing options and mortgage rates if needed.
Type of Property
Decide between townhouses, apartments and villas based on lifestyle and preferences. Consider the property’s size and layout, as per your requirements when browsing through houses for sale in Dubai.
Legal Considerations
Make note of the legalities of property ownership for expats. Ensure compliance with regulations and seek professional advice.
Developer Research
Research the different property developers in Dubai and their projects. Former projects and customer reviews can provide insights into quality and reliability.
Amenities and Facilities
Evaluate the available amenities such as parks, gyms and security features. Assess the quality of shared facilities within the property.
Resale Value and Investment Potential
Consider the potential resale value of the property. Analyse the investment potential, taking into account market trends.
Infrastructure and Accessibility
Look into the quality of infrastructure in the vicinity. Ensure ease of access to major roads and Dubai public transportation.
Jaxtox: Your Expert Property Advisor in Dubai
If you are a foreigner or an expat who is planning to buy an apartment or villa but doesn’t know where to start in the bustling real estate of Dubai, we are here to help. At Jaxtox, we provide expert guidance on property types, developers, and legal sides of purchasing a property in Dubai. We have helped hundreds of foreigners and expats invest or buy homes in their dream places. Contact us and let us make your property-buying journey more stress-free.
Frequently Asked Questions
How much is the down payment for expats in Dubai?
Expatriate buyers need to make a down payment of 15% to 35% of the property’s value. The exact amount depends on factors such as the buyer’s residency status and the property’s location.
Do I get a residence visa after buying a property in the UAE?
Since May 2019, foreign real estate investors purchasing a property in the UAE are one of the many categories eligible for a UAE long-term residency visa.
Can expats get a mortgage to purchase a property in the UAE?
Expatriates can get a mortgage from lenders operating in the UAE, but conditions may apply. For example, expat investors can be expected to pay a minimum down payment of 20% to 25% of the mortgage value besides associated costs.
How long can I stay in Dubai if I buy a property?
There are different visas that can offer 2 to 10-year residency. However, if you continue to own a property, you can renew the visa.
Can I own 100% of a property in Dubai?
Yes, foreigners can fully own a Dubai property in freehold areas.
Conclusion
Buying property in Dubai as a foreigner or expat is easier than ever. From choosing the right area to completing the paperwork, process is clear and secure. With high ROI, full ownership rights, and modern living, Dubai offers great value.
Ready to start? Contact Jaxtox today and let our experts guide you every step of the way with care, ease, and trusted local knowledge. We help you find the best property, handle legal steps, and make your move stress-free and smooth.
