Buying Property in Dubai as a Foreigner | Splendid Homes

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Learn how foreigners can legally buy property in Dubai, including documents, costs, mortgages, and key areas. A complete guide from Splendid Homes Real Estate.

🏡 Buying Property in Dubai as a Foreigner: What You Should Know

Dubai continues to attract international investors with its luxurious lifestyle, tax-free environment, and high rental yields. If you’re a foreigner planning to buy property in Dubai, here’s everything you need to know—explained simply by the experts at Splendid Homes Real Estate.

✅ Can Foreigners Buy Property in Dubai?

Yes! Foreign nationals (non-UAE and non-GCC citizens) can legally buy freehold properties in designated areas of Dubai. That means full ownership of the unit—and in most cases, the land.

Popular freehold areas include:

  • Downtown Dubai
  • Dubai Marina
  • Palm Jumeirah
  • JVC (Jumeirah Village Circle)
  • Dubai Hills Estate
  • Arabian Ranches
  • Business Bay

🏘️ What Types of Property Can You Buy?

As a foreign buyer, you can purchase:

  • Apartments
  • Villas
  • Townhouses
  • Off-plan properties (still under construction)

These can be for personal use, rental income, or long-term investment.

💰 What Are the Buying Costs?

Besides the property price, expect the following costs:

FeeAmount
Dubai Land Department (DLD) fee4% of property value
Registration feeAED 2,000–4,000
Agency commission2%
NOC (developer)AED 500–5,000
Mortgage registration (if applicable)0.25% of loan + AED 290

🏦 Can Foreigners Get a Mortgage in Dubai?

Yes. Non-residents can apply for a mortgage from a UAE bank. You’ll typically need:

  • 20–25% down payment
  • Proof of income
  • A clean credit history

We recommend securing pre-approval before making an offer.

📄 Documents Required to Buy Property

Whether you’re a resident or buying remotely, prepare these documents:

  • Passport copy
  • Proof of income (bank statement or salary slip)
  • Proof of address (utility bill or bank letter)
  • UAE Visa & Emirates ID (if residing in Dubai)
  • Mortgage pre-approval letter (if applicable)

🔍 Leasehold vs. Freehold Ownership

  • Freehold: You own the unit and the land (forever).
  • Leasehold: You lease the property for up to 99 years.

Splendid Homes specializes in freehold properties, ideal for long-term investment and resale value.

🏗️ Off-Plan Properties: Pros & Cons

Off-plan (under construction) projects offer:
✅ Lower prices
✅ Flexible payment plans
✅ High ROI potential

But always check for developer reputation, RERA registration, and completion timelines.

🧠 Why Work with a Registered Real Estate Agent?

Dubai’s real estate rules and transaction systems can be complex. An experienced agent helps you with:

  • Market research
  • Legal paperwork
  • DLD registration
  • Price negotiation

Splendid Homes Real Estate is fully registered with the Dubai Land Department. We make the process stress-free for international and local buyers alike.

📞 Ready to Buy Property in Dubai?

We’ll walk you through every step—documents, legalities, mortgages, and move-in. Whether you’re investing from abroad or relocating to Dubai, we’re here to help.

👉 Contact us today:
📧 info@splendid-homes.com
📞 +971-586927055
📸 @dubaisplendidhomes
🌐 www.splendid-homes.com

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