Why and how to buy property in Dubai – PF Property Seminar special

buying a house
Like anywhere else in the world, Dubai offers different forms of property ownership, and there are a few to choose from. 
When looking to buy a property, it is important to know what the different forms of ownership are and what best suits your needs. It is also important to note that freehold property in Dubai can be registered in the name of a foreigner, resident or national of the country (unlike other Emirates). 

Why buy property


  • Economy

Dubai recovered from the economic meltdown and has found its way back to the top very smoothly. Buying properties in Dubai might seem like a risky decision, given the fluctuating prices. However, recent studies of the real estate market are rather positive and experts are optimistic, especially with the boom the city is going to witness thanks to Expo 2020. 

  • Security

Dubai celebrates a reputation of being one of the safest countries in the world, with a very low crime rate. Political stability also plays a big role in investors feel safe enough to put their money into Dubai markets.

  • Opportunity

No matter where you’re from or where you live, owning your own home does give you a certain sense of accomplishment and security. Buying properties in Dubai doesn’t necessarily mean you can only live in them; property ownership can turn into a lucrative business. Leasing properties for either residential or commercial use can bring in a good income. 

Click here to view our full Q3 report.

Types of ownership


  • Individual ownership

One of the most common forms of property ownership is to have the title registered in your name. It’s simple, quick and easy to buy and sell the property. However, inheritance has always been a grey area and individual ownership exposes you to some uncertainties.

  • Joint ownership

This is most commonly seen in the case of married couples. It benefits from the same 
advantages as single individual ownership. However, you have the same concerns regarding inheritance and tax as with individual ownership, since in Dubai the deceased’s share is passed on to his or her heirs and not the surviving spouse.

  • Jebel Ali Free Zone (Jafza) offshore company

Since the DLD issued guidelines in 2011 prohibiting any new registration of property in the name of foreign offshore companies, investors looking to create a corporate ownership structure have had little option but to buy in the name of Jafza offshore companies. These corporate entities are relatively quick and easy to set up. The Jafza offshore company, in turn, can be owned by an offshore entity established in a traditional offshore jurisdiction. In that case, the benefits increase. There will be no application of local succession laws as the inheritance of the shares in the traditional offshore company will be governed by the laws of that company’s jurisdiction. 

Property hunting

If you have decided on buying a property but don’t know where to look, we have the answers:

Getting a mortgage 


Don’t know how to finance your purchase? With the help of propertyfinder.ae’s Mortgage Finder, funding your mortgage has never been easier.


The following are the fees and taxes you will have to pay when buying a property in Dubai:

  • Agent’s fees: normally 2% of the purchase price.
  • Property transfer: between 1 and 7% of your property’s purchase price.
  • Registration fees:  the property registry fee is 1.5% of your property’s purchase price. If you have a mortgage on your property, you will be charged an extra 0.25% of the purchase price.

Want to know more about property investments in Dubai? Join us at the 1st propertyfinder.ae Property Investment Seminar: Where to invest in Dubai and why? The conference will take place at The Four Seasons, Jumeirah in Dubai on Monday 12th of October.

This conference brings together industry specialists to discuss key issues about property investment in Dubai.

The event will be hosted by leading radio MC Tom Urquhart, and the seminar will answer questions such as where to invest? How to finance? And what benefits would you gain from investing.

For agenda and free registration, click here.



This Blog is made available for educational purposes only, in addition to providing you with general information and a general understanding of its content, including referenced laws and regulations, and not to provide specific legal advice. The Blog should not be used as a substitute for competent advice from a licensed professional.