Foreigners can own freehold land and property within designated areas
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Foreigners who do not live in the UAE, as well as expatriate residents, can buy property in the country, according to the UAE's government portal.
According to Law No. 7 of 2006 on Real Estate Registration in the Emirate of Dubai, non-UAE nationals can own freehold land and property within areas designated for foreign ownership by the Ruler of Dubai.
According to Dubai Land Department (DLD), freehold ownership "is absolute and unrestricted by time and extends to the land and all buildings thereon. Foreign nationals are also permitted to acquire all types of real estate interests within the Designated Areas, including musataha, usufruct, and long-term leases up to 99 years."
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Musataha refers to a real estate right, where the owner can invest in, and construct on land belonging to another party, for not more than a period of 50 years. After this duration, the ownership of the land will be transferred back to the original owner.
Usufructing means that the individual can use and benefit from the property that belongs to another owner for not more than 99 years, after which ownership will be transferred back to the original owner.
According to a list issued by the Dubai Land Department (DLD), these are some of the areas where foreigners can own freehold property in the emirate:
To know about other areas where foreigners can purchase land or property, you must contact the DLD.
According to DLD, it is important to first conduct legal due diligence, and then draft and sign a sale and purchase agreement.
The sale contract between the seller and the buyer is available for download in the DLD website. You can access it by visiting the website, and clicking on the 'Downloads' tab at the top.
To check the list of properties available, the user can go to the DLD website, and click on real estate data under 'open data'. Then, choose from the given fields to find properties suited to your needs.
For foreign nationals, click on freehold, and you can then check the property type (residential, commercial etc), status of sale (ready, off-sale), area and other parameters.
The buyer should confirm that the property is indeed owned by the seller or developer, and that it is free of mortgages, liens or any other charges.
This can be done by the buyer and seller visiting a DLD office, or through DLD's online service which enables you to inquire if an individual is a property owner by following these steps:
Under information services, you can also click on 'inquiry about a real estate project status' and enter the project name to follow-up on its status.
First, you must sign a sale and purchase contract, issued by the Dubai Land Department. Then, to register the sale, you must visit a Real Estate Registration Trustees service centre, or through the Dubai REST smart application, with the required documents and fees.
Steps to register
Through service centres
Through the Dubai REST app
Required documents
Fees
Documents issued
The documents required by the buyer will be issued, which may include:
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Poojaraj Maniyeri is a Digital Journalist who loves turning everyday conversations into news stories. She is also a typical bookworm, and brings a novel with her everywhere she goes.