Dubai
United Arab Emirates
From luxurious apartments to exclusive villas, Dubai is a fascinating real estate investment destination with a variety of residential options.
In Dubai, a cutting-edge social and economic landscape rises up alongside security, exclusive lifestyle attractions and outstanding career opportunities. This synergy has cemented Dubai as one of the most desirable cities in the world, attracting expats and their families alike.
Dubai: Where visions become reality
Welcome to Dubai, the jewel of the United Arab Emirates, where the sky is the limit and visions become reality. In this vibrant metropolis, tradition and modernity come together in a breathtaking symbiosis. From the majestic skyscrapers to the golden desert landscapes, Dubai embodies the spirit of progress and luxury.
But behind the gleaming facades and twinkling lights lies a fascinating real estate scene that is at the heart of this dynamic city. Dubai has become a global hotspot for real estate development in recent decades, and its market offers a wealth of opportunities for investors, residents and visitors alike.
The Dubai skyline is an architectural masterpiece that embodies the dream of unrivaled luxury and modern lifestyle. From the iconic skyscrapers such as the Burj Khalifa, the tallest building in the world, to the exclusive residential complexes along the Palm Jumeirah, Dubai offers an impressive selection of properties to suit every taste and budget.
The Dubai real estate market is characterized by a variety of residential options, including luxurious villas, modern apartments, exclusive townhouses and stylish penthouse suites. Thanks to proactive government policies and investment promotion, Dubai has become an attractive destination for real estate investors from all over the world.
In addition, Dubai offers a unique concept of “live, work and play” in its real estate projects. Integrated communities not only offer high-quality living options, but also first-class facilities such as shopping centers, schools, healthcare facilities, leisure and entertainment options that enrich the daily lives of residents.
Overall, Dubai remains a fascinating real estate investment destination that impresses with its vision, dynamism and innovation. With a blend of cultural richness, economic stability and architectural splendor, Dubai remains a city that continues to open up new horizons and offer an unparalleled way of life.
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Information on buying real estate in Dubai
Can I buy a property in Dubai as a foreigner?
Yes, as a foreigner you are allowed to buy and own real estate in defined areas (“Freehold”, 23 areas in total).
Can a company also purchase real estate?
A company (local freezone/offshore company) can also own a property in Dubai.
What additional purchase costs should I expect when buying a property?
The cost of buying a property in Dubai directly from the developer is usually the cheapest. Here are the mandatory fees payable to the Dubai Land Department (DLD):
- Dubai Land Department fees: 4% of the property value
- Fees for issuing the title deed: AED 520
- Administration fees to the DLD: AED 4,200
For those who finance their property through a mortgage, there is a mortgage registration fee payable to the DLD, which is 0.25% of the total mortgage value plus AED 290 administration fees.
How does the transfer of ownership take place?
Upon transfer of ownership, the buyer’s name is officially registered with the DLD (Dubai Land Department) as the owner, giving you the title deed and legal security. The transfer of ownership is carried out by a registration trustee, similar to our notary.
When do I get a residence visa?
If you own a property worth at least AED 750,000, you can apply for an investor visa for a period of two years. If your property is worth more than AED 2 million, you can apply for a 10-year visa.
What is a tourist visa?
With a tourist visa, you are entitled to stay in the country for 90 days per year.