Pursuant to Law No. 7 of 2006 concerning Real Estate Registration in the Emirate of Dubai, non-UAE nationals are eligible to own freehold land and property in areas specifically designated for foreign ownership by the Ruler of Dubai. The Dubai Land Department (DLD) states that freehold ownership is "absolute and unrestricted by time, encompassing both the land and all structures thereon." Foreign nationals are also allowed to acquire various types of real estate interests within the Designated Areas, including musataha, usufruct, and long-term leases extending up to 99 years.
Musataha denotes a real estate right allowing the owner to invest and construct on land owned by another party for a maximum period of 50 years, after which the land reverts to the original owner. Usufruct permits an individual to use and benefit from another's property for up to 99 years, after which the property returns to the original owner. The designated areas for foreign freehold ownership, as listed by the DLD, include The Palm Jumeirah, The World Islands, Downtown Dubai, and several others.
Prior to purchasing property, it is crucial to conduct legal due diligence and execute a sale and purchase agreement, which can be downloaded from the DLD website. To explore available properties, visit the DLD website and navigate to real estate data under 'open data.' For foreign nationals, select 'freehold' to filter properties by type, sale status, area, and other criteria. Legal due diligence involves verifying the seller's ownership and ensuring the property is free from mortgages or liens.
To register a sale, both parties must sign a contract issued by the DLD and then proceed to a Real Estate Registration Trustees service center or use the Dubai REST app, submitting the necessary documents and fees. Required documents include a no-objection e-certificate from the developer, Emirates IDs or passports, and a legal power of attorney if represented. Fees vary based on the sale value and property type, with additional charges for knowledge and innovation fees.
Upon completion, the buyer will receive essential documents such as an e-Certificate of Title, title deed, and other relevant certificates. Detailed information and further inquiries can be directed to the DLD.
