These American-curriculum schools are free of cost, and are neither public nor private
life and living1 week ago
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."
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
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:
ALSO READ:
These American-curriculum schools are free of cost, and are neither public nor private
life and living1 week ago
Trained staff always accompanies the young passengers and guides them through immigration, baggage claims and customs
life and living1 week ago
Men working in the federal government and private sectors can use their paternity leave within six months of their child's birth
life and living2 weeks ago
Here's a list of the places you can go; entry is free to most of them
life and living2 weeks ago
For most residents in the country, receiving salary on time is not just a matter of convenience but a necessity for managing personal finances effectively
life and living2 weeks ago
In 2023, the Ministry of Health and Prevention announced the launch of a digital service for all residents to apply for a new birth certificate within a day
life and living2 weeks ago
Other than contribution towards the construction, individuals can also donate towards maintaining mosques and providing amenities in the premises
life and living2 weeks ago
These complaints can also be filed in cases where the patient may have passed away due to malpractice by medical professionals
life and living2 weeks ago