The emirate’s law allows for non-resident foreign property ownership in Dubai, given certain conditions.
Both resident and non-resident foreigners can only buy properties in the designated freehold areas in Dubai. Some prominent freehold districts in Dubai include:
Arabian Ranches
Palm Jumeirah
Dubai Marina
Downtown Dubai
Besides the conditions mentioned above, there are other rules for foreign property ownership in the UAE that must be adhered to.
So, there you have it – four simple sequential legal steps to buy property in Dubai.
The process varies when you purchase a commercial property or buy off-plan properties in Dubai. Either way, real estate investment is a huge financial commitment, and it pays to weigh the pros and cons of buying property in Dubai before taking the plunge.
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