Sunday 10 April 2022

Explained: How you can buy property in #Dubai even if you are not a #UAE resident

Explained: How you can buy property in Dubai even if you are not a UAE resident

A friend back in my home country is keen on investing in an apartment in Dubai. Can he buy property in Dubai, even though he does not have residency in the UAE? Will he need to be physically present to complete the transaction or can he appoint me to oversee the process?

Pursuant to your queries, the provisions of the Law No. 7 of 2006 concerning Real Property Registration in the Emirate of Dubai (the ‘Dubai Property Registration Law’) hold relevance.

A non-UAE national may purchase a freehold or leasehold property in Dubai subject to the provisions of the Dubai Property Registration Law. Article 4 thereof reads as follows:

"The right to own Real Property in the Emirate shall be restricted to UAE nationals, nationals of the Gulf Cooperation Council States, companies fully owned by these nations, and public joint stock companies. Subject to the approval of the Ruler, non-UAE nationals may be granted the following rights in the relevant areas determined by the Ruler:

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