Complete Guide on How to Buy Properties in Dubai

General Guides
October 16, 2023

Dubai has a booming Real Estate market, with numerous different options, like: commercial, residential, luxury and industrial. In this article, we will go step by step through common questions regarding buying properties in Dubai and the process behind it.

What is the Process of Buying Properties in Dubai?

Buying property in Dubai involves a several step process that ensures a smooth and legally sound transaction. Here's a general overview of the process:

  1. Research and Budgeting: Research the Dubai real estate market to understand the current property prices, types of properties available, and the locations that best suit your needs. Determine your budget, considering the property cost and additional expenses like registration fees, agency fees, and maintenance costs.
  2. Engage a Real Estate Agent: While buying property without an agent is possible, working with a reputable real estate agency like Stat Global can simplify the process. Agents know the market, have access to property listings, and can guide you through legal requirements.
  3. Choose a Property: Browse property listings to find options matching your preferences. 
  4. Make an Offer: If you're satisfied with the property, you can make the seller an offer. Negotiate the price and terms with the seller or their representative.
  5. Reservation Agreement: A reservation agreement is typically signed once the seller accepts your offer. This agreement outlines the terms of the sale, including the purchase price, payment schedule, and other conditions.
  6. Due Diligence: Conduct due diligence to ensure that the property has a clean title, is not involved in any legal disputes and meets all legal requirements. You can consult a real estate advisor to help you with the due diligence.
  7. Obtain a No Objection Certificate (NOC): Certain properties may need a No Objection Certificate from the Developer or a bank. This is generally done when the property has outstanding dues owed to a bank or developer.
  8. Transfer of Ownership: To transfer ownership, the buyer and seller or their legal representatives must visit the Dubai Land Department (DLD) to complete the transfer process. Both parties must be present, along with their original identification documents.
  9. Payment and Registration: The buyer pays the purchase price and associated fees at the DLD. The DLD will then register the property under the buyer's name and issue an official title deed.

It's important to note that regulations and processes may change, and different types of properties (off-plan, secondary market, commercial, residential, etc.) can vary. Please reach out to us to ask for specific information about the properties.

What are the Requirements to Buy Property in Dubai?

The requirements to buy real estate in Dubai can vary based on the type of property (residential or commercial), whether the property is off-plan or in the secondary market, and whether the property is a distress sale or not. Here are the general requirements for buying property in Dubai:

Identification Documents:

Buyers, whether UAE nationals or foreigners are typically required to provide the following identification documents:

  • Passport copies
  • Visa (if applicable)
  • Emirates ID (for UAE residents)

Proof of Residential Status:

A valid residency visa is usually required for UAE residents to buy property. Expatriates with a valid residency permit can purchase property in designated areas of Dubai.

No Objection Certificate (NOC) from Developer:

For off-plan properties, buyers may need a No Objection Certificate from the Developer, confirming that there are no outstanding dues on the property.


Buyers should have the necessary funds to cover the property's purchase price and associated costs; this includes the property's cost, registration fees, agency fees, and other applicable fees.

Proof of Source of Funds:

In some instances, buyers might need to provide documentation to prove the legitimate source of funds used for the property purchase.

Oqood (Off-plan Properties):

For off-plan properties, buyers receive an Oqood certificate, a legal document confirming their ownership of the property under construction.

Mortgage Pre-approval (if applicable):

If you're financing the property with a mortgage, having pre-approval from a bank is essential.

As a Foreigner, Can I Buy a Property in Dubai?

Yes, as a foreigner, you can buy property in Dubai. The Dubai government has taken steps to encourage foreign investment in the real estate market, and specific regulations are in place to facilitate property ownership for non-UAE nationals. However, there are particular guidelines that you should be aware of:

  1. Freehold Areas: Foreigners can buy property in designated freehold areas in Dubai. These areas include many popular residential and commercial developments.
  2. Leasehold Areas: In areas not designated as freehold, foreigners can acquire property through a leasehold arrangement; this grants the right to own the property for a specified period, often up to 99 years.
  3. Off-Plan and Secondary Market: Foreigners can buy both off-plan properties (properties under construction) and properties in the secondary market (resale properties).
  4. Property Types: Foreigners can buy various types of properties, including residential, commercial, and land plots, depending on the specific regulations in each area.
  5. Legal Ownership: Foreign buyers receive legal ownership rights to their purchased property. They are registered as property owners at the Dubai Land Department (DLD).
  6. Mortgage Financing: Foreigners can obtain mortgages from UAE banks to finance their property purchases. However, the terms and conditions of mortgages may vary for non-residents
  7. Residency Visa: Some developers may offer a renewable residency visa to property buyers, provided the property meets specific criteria, such as a minimum purchase value; this can be advantageous for those looking to spend an extended time in Dubai.
  8. Real Estate Advice: It's highly recommended to seek advice and guidance from a qualified real estate advisor knowledgeable about the local property laws and regulations.
  9. Due Diligence: Conduct thorough due diligence before making a purchase. Ensure the property is free from legal encumbrances and that all documentation is in order.

Are There Any Tax Incentives for Buying Property in Dubai?

Yes, Dubai is known for its favorable tax environment, including several tax incentives that make property ownership attractive for residents and non-residents. Here are some tax-related factors to consider when buying property in Dubai:

  • No Income Tax: You are not required to pay tax on rental income generated from your property.
  • No Capital Gains Tax: You don't have to pay tax on the profit you make from selling your property, which can be a significant financial benefit.
  • No Wealth Tax: Dubai does not levy wealth taxes, which means you are not required to pay taxes based on the value of your property or other assets.
  • No Inheritance Tax: Dubai has no inheritance tax, so your heirs are not subject to tax on the property they inherit from you.
  • Transfer Fee and Registration Fee: While Dubai does not impose property taxes, certain fees are associated with property transactions, such as the transfer and registration fees. The buyer usually pays these fees upon transferring ownership of the property. They are relatively moderate compared to property taxes in major cities like London, New York and San Francisco.
  • Value Added Tax (VAT): Dubai introduced a Value Added Tax (VAT) system in January 2018. VAT generally applies to goods and services, including real estate-related services like property management and leasing. However, residential properties (including sales and rentals) are exempt from VAT.

When considering property ownership, you must comprehensively grasp your objectives, the pertinent legal prerequisites, and the potential advantages. 

Stat Global Can Help You Buy and Sell Properties in Dubai

Seeking advice from knowledgeable legal and financial professionals such as our agents at Stat Global is imperative. Their expertise in Dubai's laws and regulations will guarantee that your property ownership aligns seamlessly with your business and immigration aspirations.

For the latest and most accurate insights into tax incentives and regulations connected to property ownership in Dubai, feel free to contact us at Stat Global. We hope you have enjoyed the article, and it has given you a preliminary understanding of Dubai's property acquisition process and potential benefits for locals and foreigners.

About the Author

Catherine Andrea Gerdez

Content Writer at Stat Global

Catherine Andrea Gerdez is a copywriter and saleswoman originally from Caracas, Venezuela. She has a bachelor's degree in International Studies from the Central University of Venezuela. She speaks fluent English, French, Portuguese, and Spanish (her native language) and is currently learning Mandarin.

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About the Author

Catherine Andrea Gerdez

Content Writer at Stat Global

Catherine Andrea Gerdez is a copywriter and saleswoman originally from Caracas, Venezuela. She has a bachelor's degree in International Studies from the Central University of Venezuela. She speaks fluent English, French, Portuguese, and Spanish (her native language) and is currently learning Mandarin.

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