Can foreigners buy property in Dubai?

Yes, non-residents can purchase freehold properties in designated areas of Dubai.

What is a freehold property?

A freehold property grants the buyer full ownership of the property and the land it stands on.

Leasehold properties are leased for a period, typically 99 years, after which ownership reverts to the freeholder.

Dubai does not impose annual property taxes, making it attractive for investors.

Dubai offers tax-free returns, high rental yields, world-class infrastructure, political stability, and strong global appeal.

Selecting the property, signing a Memorandum of Understanding (MOU), and paying the deposit.

No, non-residents can buy property without residency.

Yes, through a Power of Attorney and online registration with DLD.

Passport copy, Emirates ID (if applicable), and proof of funds.

Between 2–6 weeks, depending on financing and documentation.

Dubai Investment Park First (DIP)

Verdana Residence 2 Project by Reportage Properties | Dubai Investment Park First (DIP)

Dubai Investment Park First (DIP)

Property ID: LNP_O_00196

A mid-rise apartment building by Reportage Properties, located in the Verdana master community within Dubai Investment Park (DIP) First, offering compact lifestyle units adjacent to lush green community areas
Incorporates modern architecture with generous balconies, double-glazed windows, and landscaped outdoor zones to complement its serene setting

Located within Dubai Investment Park 1 – an integrated economic and residential hub
Approximate drive times:
15 minutes to Expo City
20 minutes to Jebel Ali
25 minutes to Dubai Marina

One of the most affordable off-plan options in DIP for studios and 1-bedroom units
High projected rental yields (up to 10–15%) due to demand in DIP’s rental market
Ideal for buyers seeking budget-friendly, smart-layout apartments in a well-connected green community