One of the most desirable real estate markets in the world, Dubai is home to investors and expats from all over the planet. They usually ask one question in common – can foreigner purchase property in Dubai? The response is affirmative. 

Foreigners are allowed to purchase property in Dubai in specific freehold zones. These zones permit full ownership with the right to sell, lease, or buy the property. Let's discuss how it is possible and why Dubai is a perfect location for foreign buyers. 

Rules for Foreign Buyers 

The government of Dubai permits foreigners to buy property under Law No.   7 of 2006. Foreigners are allowed to buy in freehold zones. Such zones are reserved particularly for foreign investors. 
Principal points: 

• Foreigners are allowed to own freehold property. 

• Selling, renting, or transferring is allowed through ownership rights, with 100% ownership rights given to the buyers. 
• Registration is done with Dubai Land Department (DLD). 

Freehold vs Leasehold 

Two types of property rights for foreigners: 

• Freehold: Absolute ownership of the property and land. It can be kept for life and passed on to heirs. 
• Leasehold: Leasehold rights which are of long duration, usually 99 years. Land ownership remains with the landlord. 

Foreigners mainly opt for freehold property to have full control and future assurance. 

Best Areas for Foreign Buyers 

Many freehold areas in Dubai are suitable for foreign buyers. Some famous ones are: 

• Dubai Marina – Waterfront residences and vibrant lifestyle. 

• Downtown Dubai – Where Burj Khalifa and luxury properties dwell. 

• Palm Jumeirah – Iconic villas and beach lifestyles. 

• Jumeirah Village Circle (JVC) – Budget-friendly choices with contemporary facilities. 

• Dubai Creek Harbour – Future waterfront community with future growth possibilities. 

These locations have a blend of luxury, lifestyle, and strong rental yields. 

Advantages of Purchasing Property in Dubai 

1. 100% Ownership – Full rights under freehold areas. 

2. Tax-Free Investment – No property tax or capital gains tax each year. 

3. High Rental Yields – 6–8% average annual returs. 

4. Residency Visa – Investors are eligible to obtain long-term residency visas. 

5. Strong Growth – Dubai property market is supported by international demand. 

This renders the purchase of property in Dubai for foreign nationals a secure and profitable investment. 

Steps to Buy Property in Dubai 

1. Select Property – Villas, flats, or townhouses can be select from. 

2. Execute MOU – Memorandum of Understanding executed with the vendor. 

3. Pay Deposit – Usually 10% of the cost of the property. 

4. No Objection Certificate (NOC) – Issued by the developer. 

5. Register with DLD – Last step to complete ownership. 

The process is open, quick, and assisted by the Dubai Land Department. 

Financing Choices for Foreigners 

Foreign purchasers can also seek mortgages from home banks. Terms are: 

• Minimum down payment (20–25%). 

• Valid passport and proof of income. 

• Tenure period of up to 25 years. 

This provides an opportunity to purchase property for a greater number of investors. 

Why Invest in Dubai Now 

Invesca Real Estate keeps introducing new Dubai Projects with world-class construction and infrastructure. The city is developing rapidly with new cities, high-end developments, and smart city initiatives. 

So, do foreigners have the ability to purchase property in Dubai? Yes, they do. Through freehold ownership, tax-free legislation, and yields, one of the safest and most rewarding markets for overseas investors is Dubai. 

In the event that you are preparing for a Dubai property acquisition on behalf of foreigners, Invesca Real Estate is at hand to assist you. From selection of the property to registration, we ensure that the process is seamless and hassle-free. 

Join us today at Invesca Real Estate and invest in the future of Dubai.