Investing in the UAE is straightforward, but knowing the rules helps you avoid surprises. Here’s what foreign investors should know:
- Freehold vs Leasehold: Foreigners can buy freehold properties in designated zones, owning the unit and the land. Leasehold gives you the right to use a property for up to 99 years.
- Residency Visa: Investing over AED 750,000 may qualify you for a property-linked residency visa.
- No Property Tax: The UAE doesn’t charge annual property tax, but there’s a 4% registration fee in Dubai.
- Due Diligence: Always check developer credentials and ensure the property is registered with the Dubai Land Department (DLD).
Partnering with a trusted real estate advisor helps you navigate the process smoothly.