Question 1

Can expats and foreign nationals buy property in Dubai?

Accepted Answer

Yes. Foreigners are legally permitted to purchase, sell, and rent out property in designated 'freehold areas' in Dubai. This includes popular locations like Downtown Dubai, Dubai Marina, and Palm Jumeirah.

Question 2

What are the purchasing fees in Dubai?

Accepted Answer

Dubai is famously tax-free. The main purchasing fee is a one-time 4% transfer fee payable to the Dubai Land Department (DLD) upon registration.

Question 3

Do I have to pay tax on my Dubai property in my home country?

Accepted Answer

While the UAE does not charge income or capital gains tax, you may be required to declare your worldwide income in your home country. We recommend speaking with a specialized tax advisor.

Question 4

Can I get a mortgage as a non-resident?

Accepted Answer

Yes, many UAE banks offer mortgages to international non-resident buyers. Typically, you will need a higher down payment (often 20-30%) compared to UAE residents.

Sobha Siniya Island Villas Phases 2

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