One of the world's most coveted real estate markets, Dubai is a haven for investors and expats from around the globe. They typically have one question in common – can foreigner buy property in Dubai? The answer is yes.
Foreigners can buy property in Dubai in certain freehold areas. Full ownership is allowed in these areas with a right to lease, sell, or purchase the property. Let's explore how it is feasible and why Dubai is a good place for foreign buyers.
The Dubai government allows foreigners to purchase property according to Law No. 7 of 2006. Foreigners are permitted to purchase in freehold areas. Freehold areas are kept specifically for foreign investors.
Main points:
Foreigners are permitted to own freehold property.
Selling, leasing, and transferring is permitted through ownership rights, with 100% ownership rights allotted to the purchasers.
Registration is done with Dubai Land Department (DLD).
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 primarily choose freehold property so that they can exercise complete control and future guarantee.
Numerous freehold locations in Dubai are apt for foreign purchasers. Some renowned ones include:
• Dubai Marina – Waterfront homes and lively lifestyle.
• Downtown Dubai – Where Burj Khalifa and luxury homes reside.
• Palm Jumeirah – Iconic villas and beach lifestyles.
• Jumeirah Village Circle (JVC) – Affordable options with modern amenities.
• Dubai Creek Harbour – Upcoming waterfront development with future potential for expansion.
These areas offer a mix of luxury, lifestyle, and healthy rental yields.
1. 100% Ownership – Exclusive rights under freehold territories.
2. Tax-Free Investment – No capital gains tax or property tax annually.
3. High Rental Yields – 6–8% per annum average returns.
4. Residency Visa – Investors can be eligible to receive long-term residency visas.
5. Strong Growth – Dubai property market is boosted by global demand.
This makes the investment in property in Dubai by foreign nationals a safe and lucrative investment.
1. Choose Property – Villa, apartment, or townhouse may be chosen.
2. Sign MOU – Memorandum of Understanding signed with the seller.
3. Pay Down Payment – Typically 10% of the property cost.
4. No Objection Certificate (NOC) – Obtained from the developer.
5. Register with DLD – Final step to finalize ownership.
The process is open, quick, and assisted by the Dubai Land Department.
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.
Invesca Real Estate continues to launch new Dubai Projects with international-standard construction and infrastructure. The city is growing fast with new cities, premium developments, and smart city plans.
So, are foreigners able to buy properties in Dubai? Yes, indeed. With freehold ownership, tax-free laws, and returns, Dubai is one of the safest and most lucrative markets for foreign investors.
If you are making preparations for a Dubai property purchase on behalf of foreigners, Invesca Real Estate is here to guide you through the process. Right from choosing the property to registration, we make sure that everything is a smooth sail.
Come join us today at Invesca Real Estate and invest in the future of Dubai.
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