With no special permission needed or hidden hoops to jump through, buying property in Dubai became easy and potentially profitable for foreigners. Buying the right property at the right time can be a very shrewd. Dubai should strongly consider buying a home early in their stay in . The Dubai government made it permissible for expats of all nationalities to have a 99-year lease of Dubai property in designated areas.
Then, in the government issued a decree allowing non-GCC nationals to buy Dubai property on freehold ownership. Expats have options to own freehold real estate or rent out flats for their stay.
Down payment drives up this amount by a lot for buying property. If you are an expat currently living in the UAE, Dubai law states that you can buy: A leasehold property. A freehold property in one of the freehold areas, including Al Barsha South , Emirates Hills , Jebel Ali, Sheikh Zayed Road , Dubai Marina and Palm Jumeirah.
Yes you can surely buy properties in Dubai easily. Last year, government passed a decree to allow expats to buy properties in. Never been a better time for expats to buy a Dubai home.
It is important to note, though, that foreign nationals can only purchase freehold property in designated freehold areas.