Frequently asked questions

Can an Indian national purchase real estate in Dubai?

It is true that Indian nationals are free to purchase real estate in Dubai's approved freehold neighbourhoods.

How much money must be invested in Dubai real estate in order to be granted a resident visa?

To be eligible for a resident visa, you must invest a minimum of AED 750,000 in real estate.

Is it possible to purchase real estate in Dubai without physically being there?

It is possible to carry out the entire purchasing procedure remotely with the assistance of real estate agents and internet platforms.

Does Dubai impose property taxes?

No, income taxes, capital gains taxes, or property taxes are not levied on real estate in Dubai.

As a non-resident, is it possible to rent out my house in Dubai?

Yes, non-residents can rent out their properties in Dubai. Although the rental income is exempt from taxes, you might have to register your leases with the Dubai Land Department.

Is it easy for me to sell my property in Dubai?

Yes, homes in Dubai can be sold easily, subject to market conditions and the fulfilment of all relevant legal processes.

Is a local bank account required in order to purchase real estate in Dubai?

While it's not a must, having a local bank account can make transactions easier, particularly when it comes to mortgages and payments.

Can a payment plan be used to purchase real estate in Dubai?

It is easier to invest because many developers provide flexible payment options, particularly for off-plan buildings.

Is it possible to rent out my property in Dubai?

No, renting out your property is a common way to make rental revenue and is not subject to any restrictions.

Can an Indian own business real estate in Dubai?

In approved freehold regions, Indians are permitted to possess commercial real estate that can be utilised for commercial purposes.

What paperwork is needed to buy real estate in Dubai?

Your passport, proof of funds, Emirates ID (if available), and any necessary mortgage approval paperwork are required.

Is there a minimum age to purchase real estate in Dubai?

In order to lawfully buy real estate in Dubai, you must be at least 21 years old.

What paperwork is needed to buy real estate in Dubai?

Your passport, proof of funds, Emirates ID (if available), and any necessary mortgage approval paperwork are required.

Can I inherit Dubai real estate?

According to Dubai law, property can be inherited, but in order to facilitate a seamless transfer of ownership, it is advised to have a recorded will.

Does the government offer any advantages for purchasing real estate in Dubai?

Dubai provides incentives to attract investors, such as long-term visas and other benefits.

Is it possible to own real estate in Dubai for business purposes?

Commercial properties are available, and you can invest in them or use them for business.

What occurs if I don't make my mortgage payments in Dubai?

The bank may take back your property and sell it to recoup the unpaid balance if you don't make payments.

Can a partner and I purchase real estate in Dubai?

In Dubai, it is permissible to co-own real estate with family members or partners.

Can I renovate my property in Dubai without permission?

It's crucial to follow the rules, and major changes need approval from the local government.

Is insurance required for Dubai real estate?

Although it is not required, property insurance is strongly advised to safeguard your investment from unanticipated circumstances.

Do Dubai real estate prices change frequently?

It is true that market demand, prevailing economic conditions, and worldwide trends can all affect real estate prices in Dubai.