FAQ
Can foreigners own real estate in Dubai?
Yes, foreigners can buy property in designated areas for foreign property ownership in Dubai. These areas are determined by the Ruler of the Emirate of Dubai, and include regions such as Palm Jumeirah, Downtown Dubai, Dubai Marina, Arabian Ranches and Jumeirah Beach Residence.
Is it cheap to buy property in Dubai?
The Economical Condition – Dubai has one of the most stable economies in the world, which makes buying a house affordable in the city. Though the price of property is higher, it is still affordable compared to other posh cities around the world.
Is real estate in Dubai worth it?
With its tax-free environment, booming economy, strong tourism industry, competitive prices, and world-class developers, Dubai provides a safe, stable, and lucrative investment opportunity for both local and foreign investors.
Can I live in Dubai if I buy a property?
Purchasing real estate in Dubai may grant the buyer a residence permit. According to the UAE investor visa program, the property must be completed upon the purchase and its value must be of at least AED 1 million. Holders of residence visas through real estate purchase may also sponsor their dependents.