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Imagine having a holiday home in Dubai. As one of the most popular tourist destinations in the world, this is probably a dream come true for many. But as a foreigner, can you really buy and own property in Dubai?
The answer is yes. Dubai has made it possible for foreigners to purchase property in certain areas of the city, making the big dream a reality. Whether you want a place to escape to, an investment property, or a new home, Dubai offers plenty of opportunities for non-residents.
In Dubai, foreigners can buy property in areas called “freehold zones.” These are specific parts of the city where non-locals can own homes, apartments, or even commercial properties.
The best thing about freehold property is that you own it 100%, just like you would in your home country. You can choose to live in it, sell it, rent it out, or even pass it on to your kids. It is all yours to do with as you please.
Here are a few popular freehold areas where you can buy property;
Dubai Marina is one of the most famous areas in the city. It is known for its amazing waterfront views and tall, modern buildings. You can find a variety of properties here, from high-rise apartments and luxury penthouses to waterfront villas.
The Marina is always lively, with lots of restaurants, shops, and entertainment options. It is a fun, vibrant place to live, perfect for those who love a busy environment.
If you want to be right in the middle of all the action, Downtown Dubai is the spot. This area is home to some of the most famous landmarks in the city, including the Burj Khalifa, the tallest building in the world.
Here, you can find high-end apartments and luxurious residences with stunning views of the city. Downtown Dubai is also a hub for shopping, dining, and cultural activities. It is a central location that is perfect if you want to be close to everything the city has to offer.
Palm Jumeirah is one of Dubai’s most iconic landmarks, a man-made island shaped like a palm tree. This area is known for its luxury and exclusivity. You will find high-end villas and apartments here, many with private beaches and fantastic sea views.
Palm Jumeirah is famous for its high lifestyle and top-notch resorts, so if you are looking for a prestigious place to live with a touch of luxury, this would be one of the best options.
JLT is a modern, lively community with a mix of residential and commercial buildings. It is built around beautiful lakes and features high-rise apartments and office spaces. Compared to the bustling vibe of Dubai Marina and Downtown, JLT has a more relaxed feel but still offers plenty of amenities. It is a great choice if you want a quieter area that is still close to major business hubs.
What are the Requirements?
There are a few key requirements you will need to meet:
Passport - You will need a valid passport for identification.
Visa - While you don’t need a UAE residence visa to buy property, having one can make the process smoother. If you are not a resident, you can still buy property, but you might need to provide additional documentation, such as a no-objection letter from your employer or proof of your current address.
Proof of funds - You will need to show that you have enough money to buy the property. This can include bank statements or proof of income.
Buying property in Dubai as a foreigner is pretty simple. First, find a good real estate agent who knows the market. They will help you look for properties, negotiate prices, and handle the paperwork.
Once you find a property you like, you can make an offer and sign a sale agreement, paying a deposit of about 10% of the property’s price. After that, you will complete some legal steps to transfer the property title into your name, which your agent or a legal professional can help take care of.
Finally, pay the remaining amount, usually by bank transfer or certified cheque, and once everything is sorted, you can move into your new home and enjoy your property.
We are a family of 4 - mother, father and two children. Our aim is to travel the world and review all travel opportunities to help other families.
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