FAQS

Foreigners can purchase property in designated areas of Dubai, typically in freehold zones. However, they need to obtain a residency visa or have a registered company in the UAE to be eligible. It's essential to work with a knowledgeable broker to understand the legal process and requirements.

In addition to the property's purchase price, buyers need to consider various costs such as registration fees, agent commissions, and transfer fees. These fees typically amount to around 4% of the property's value. It's advisable to consult with a broker to get a detailed breakdown of all associated costs.

Yes, banks in Dubai offer mortgage financing options to both residents and non-residents. The maximum loan-to-value ratio and terms may vary depending on factors such as nationality, income, and the property's location. Brokers can help connect buyers with reputable lenders and guide them through the financing process.

Dubai offers a diverse range of neighborhoods and communities to suit different preferences and budgets. Popular areas for investment or residential living include Downtown Dubai, Dubai Marina, Emirates Hills, Palm Jumeirah, and Jumeirah Beach Residence (JBR). A broker can assess your needs and preferences to recommend suitable areas for you.

Typically, tenants need to provide a copy of their passport and visa, Emirates ID, and a security deposit (usually equivalent to one month's rent). Additionally, some landlords may require proof of income or a salary certificate. Working with a broker can streamline the rental process and ensure all necessary documents are in order.