Buying in Dubai

Who Can Buy?
Any investor, overseas or resident, can purchase in Dubai's luxury property developments.

Payment Terms
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Bank Accounts
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Purchase Times
Purchases normally take no longer than two weeks to complete through our one-stop shop service.

Government Tax
There are currently no government taxes of any kind when purchasing a property in Dubai. Nor is there a Capital Gains Tax. When the Dubai Lands Department registers title, buyers will pay a 1.5% tax based on the purchase price of the property. If they have a mortgage, they will pay 0.25% of the value of the loan.

Development Service Charges
Minimal service charges are payable to developers for maintenance, landscaping and refuse collection. This charge varies per development.

Residency
In general, the Dubai Government issues residence visas to new property-owners and their immediate family. These will need to be renewed every three years as per the latest immigration regulations.

Re-sale
You can sell your property or assign your agreement to anybody. This means that they will take over the payments to be made to the developer.