Find answers to commonly asked questions about buying real estate in Dubai.
Considering property investment in Dubai offers compelling advantages, including eligibility for the Golden Visa program, providing long-term residency to investors and their families. Beyond this, Dubai’s tax-friendly policies enhance returns on investment. The city’s strategic location as a global business hub ensures strong growth potential,
Emaar offers investment opportunities in Dubai’s prime communities, including Downtown Dubai, Dubai Marina, Dubai Hills Estate, Dubai Creek Harbour, and Arabian Ranches III, among others. These areas not only hold iconic status but also offer world-class amenities, excellent connectivity, and vibrant community living, making them ideal choices for real estate investment.
Yes, it is possible to obtain a residency visa in Dubai by purchasing a property.
The United Arab Emirates (UAE) government has implemented several programs that allow property buyers to obtain residency visas through investment, including 3, 5 and 10 year visas.
An off-plan property is an unconstructed property. The property is yet to be built or is in the preliminary stages of construction.
The cost of owning a property in Dubai will depend on the type of property. As most properties are built within apartment buildings or villa communities there are ongoing costs that do apply. These are often referred to as “Service or Maintenance” fees and are paid towards the upkeep and maintenance of the building or community the property is located in.
Generally speaking, apartment buildings are more costly to maintain, and therefore apartments tend to have higher “Maintenance” fees as opposed to villas or townhouses.
Whilst this may be a surprise to a lot of potential buyers the cost of buying property in Dubai is on the lower side when compared to most western cities.
| Fee Type | Fee Description |
|---|---|
| Dubai Land Department (DLD) | 4% of the property purchase price + AED 580 admin fee |
| Property Registration Fee | AED 4,000 + 5% VAT |
| Mortgage Registration Fees | 0.25% of the loan amount + AED 290 (only applicable for mortgage buyers) |
| Real Estate Agent Fees | 2% of the property purchase price |
Please note, all costs are paid at the time of purchase and only once.
To keep things simple, anyone looking at purchasing Dubai real estate should budget 6.5% of the total property price towards fees. Put simply a property with a price of AED 1,000,000 will have an all-inclusive cost of AED 1,065,000.
Just like there is no tax there is also no selling fees when selling a property in Dubai.
All the advertising costs are covered by the selling agent or agents who charge their fees to the buyer via an agency fee. It is worth nothing that some sellers may choose to pay the selling agent a small percentage of the property purchase price as commission. This is usually done as an incentive and way to get the very best price possible.
Here are the documents you’ll need to secure if you’re planning to buy a property in UAE:
It’s a well-known fact that Dubai is a tax-free haven with no income tax whatsoever. In fact, it’s a big reason why so many expats choose to move to Dubai in the first place.
What is less know however is that being and/or selling Dubai real estate is also free from any tax. This means that if you were to purchase a property for say AED 1m and sold the same property for AED 2m 10 years later there would be no tax payable on the 2m sales price or the 1 million in capital growth. This applies to both owner-occupied and investment properties.
In addition to no capital gains tax, any income generated from a property in Dubai is 100% tax-free. This is greatly attractive for buy to let investors and a scenario investors in most other countries could only dream about.
With years of experience in Dubai, our agents know exactly what it takes to make your relocation a success.
Find answers to commonly asked questions about buying real estate in Dubai.
Buying property in Dubai is extremely safe. The Dubai government along with the relevant regulatory bodies have gone above and beyond to ensure buying in the city is not only safe but attractive for all those interested.
Just like most countries around the world buying real estate with a mortgage is not only possible but quite common. There are multiple local and international banks for buyers to choose from.
The Dubai Land Department or DLD as it’s often referred to is a government-run entity in Dubai that oversees all real estate-related trading operations. Its primary function is to legalize the sale and purchase of land, boosts investment, and provide customers with a highly integrated, transparent, and secure real estate experience.
Yes, foreigners of all nationalities can purchase property in any of Dubai’s designated freehold areas.
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