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Is it possible for a foreigner to buy or own an off-plan home in Dubai?

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MIVA Real Estate MIVA Real Estate, 10+ years of experience in the UAE Real Estate Market. Visit: miva.ae verified
Answered on January 23,2023

Yes, it is possible for foreigners to buy or own an off-plan home in Dubai. The Dubai government has implemented policies to encourage foreign investment in the real estate market and has made it relatively easy for foreigners to purchase properties in the emirate.

Foreigners can purchase both freehold and leasehold properties in designated areas of Dubai, such as Dubai Marina, Dubai Hills, Jumeirah Village Circle, and Dubai South, among others. Freehold properties give the buyer full ownership rights, while leasehold properties give the buyer the right to use the property for a certain period of time, usually up to 99 years.

However, there are some restrictions on foreign ownership of properties in some areas, such as certain gated communities that are reserved for UAE nationals only. Additionally, it's important to note that some areas may also have restrictions on the type of property a foreigner can buy, such as apartments and villas but not land.

Before buying an off-plan property, it's always advisable to consult with a legal professional to ensure that all legal requirements are met, and to do a thorough research on the developer, location, and the property itself.

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