According to the UAE's government portal, both non-resident foreigners and expatriate residents are eligible to purchase property in the country. The Law No. 7 of 2006 concerning Real Estate Registration in Dubai permits non-UAE nationals to own freehold land and property in designated areas approved by the Ruler of Dubai. The Dubai Land Department (DLD) defines freehold ownership as 'absolute and unrestricted by time, encompassing both the land and all structures on it.' Additionally, foreign nationals are allowed to acquire various types of real estate interests in these designated areas, including musataha, usufruct, and leases lasting up to 99 years.
Musataha grants the right to invest in and build on land owned by another party for a maximum of 50 years, after which the land reverts to the original owner. Usufruct allows an individual to use and derive benefits from someone else's property for up to 99 years, at which point the property returns to its original owner. The DLD has specified several areas in Dubai where foreigners can own freehold property, such as The Palm Jumeirah, Downtown Dubai, and Dubai Marina, among others. For information on additional areas, one must contact the DLD.
Prior to purchasing property, it is crucial to conduct legal due diligence and execute a sale and purchase agreement, as advised by the DLD. The sale contract can be downloaded from the DLD website. To explore available properties, visit the DLD website and navigate to the real estate data section. Foreign nationals should 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, which can be confirmed at a DLD office or through their online services.
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 on fees and documents can be found on the DLD website.
