Question 1

Can foreigners buy property in Dubai?

Accepted Answer

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

Question 2

What is a freehold property?

Accepted Answer

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

Question 3

What is a leasehold property?

Accepted Answer

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

Question 4

Are there property taxes in Dubai?

Accepted Answer

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

Question 5

Why is Dubai a top destination for real estate investment?

Accepted Answer

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

Question 6

What is the first step in buying property?

Accepted Answer

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

Question 7

Do I need to live in Dubai to buy property?

Accepted Answer

No, non-residents can buy property without residency.

Question 8

Can I buy property remotely?

Accepted Answer

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

Question 9

What documents are required?

Accepted Answer

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

Question 10

How long does the transfer process take?

Accepted Answer

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

20/60/20 Payment Plan

Volta Apartments Project by DAMAC | Downtown Dubai