Name: Condostrada Real Estate L.L.C
Price range: $$$

Question 1

What documents do I need to buy property in Dubai?

Accepted Answer

To purchase a property in Dubai, you will usually need a valid passport, contact details and proof of address. In the case of a purchase with financing, the bank may also request bank statements or additional financial documents. UAE residency or a UAE visa is not required for foreigners to buy property.

Question 2

Can I get a mortgage as a foreigner?

Accepted Answer

Yes, foreigners can apply for a mortgage in the UAE. Conditions depend on residency status, income, credit history, the bank and the type of property. Non-residents can typically expect financing for part of the property value, often in the range of around 50–65%, although other terms are possible in selected cases.

Question 3

What are the main costs of buying a property in Dubai?

Accepted Answer

When buying a property in Dubai, you should take into account the 4% DLD fee, which is the registration fee charged by the Dubai Land Department — the authority responsible for registering transactions and ownership rights.

For primary market/off-plan purchases, the transaction is registered in the Oqood system, and additional administrative fees usually range from around AED 1,000 to AED 5,000, depending on the developer.

For secondary market purchases, transfer fees apply, along with the standard 2% agency commission + VAT.

If the property is purchased with a mortgage, bank fees and property valuation costs should also be included.

Question 4

How long does the buying process take?

Accepted Answer

A property purchase in Dubai can be carried out fully remotely. For the primary/off-plan market, reservation and paperwork usually take from a few days to about 1–2 weeks, while on the secondary market the process typically takes around 2–4 weeks. Condostrada coordinates the entire process on the ground — from property selection to transaction closing.

Question 5

Does Condostrada charge any consulting fees?

Accepted Answer

No, Condostrada does not charge clients any consulting fees. We help analyse your needs, select the right property and guide you through the purchase process free of charge. Our support also includes post-sale assistance — from liaising with the developer to coordinating the next stages of the investment.

Question 6

What is the Golden Visa and how do I qualify?

Accepted Answer

The UAE Golden Visa is a long-term, renewable residency visa that can be granted, among others, to real estate investors. In Dubai, one of the most common ways to qualify is owning one or several properties with a total value of at least AED 2 million. The visa can be granted for 10 years, and the investor can also sponsor close family members.

Condostrada helps clients verify whether a given property meets the current requirements and supports them in preparing the application process.

Question 7

Can foreigners buy property in Dubai?

Accepted Answer

Yes, foreigners can purchase freehold property in designated areas across Dubai and the UAE.

Question 8

What payment plans are available when buying property in Dubai?

Accepted Answer

On the primary/off-plan market, developers offer flexible payment plans — usually starting with a reservation and a 10–20% first payment, followed by installments spread across the construction period, and sometimes also over several years after handover. On the secondary market, payment is typically made in a single transfer when ownership is transferred, or with the support of a mortgage.

Question 9

What payment methods can I use to pay for a property in Dubai?

Accepted Answer

On the primary/off-plan market, payments are most often made to an escrow account — a secured trust account assigned to a specific project. Depending on the developer, payments by card, bank cheque, mortgage or cryptocurrency may also be possible. On the secondary market, payment usually follows the DLD ownership transfer procedure. Every transaction requires KYC/AML verification and confirmation of the source of funds.

Question 10

What are typical rental yields in Dubai?

Accepted Answer

Rental yields in Dubai depend on location, purchase price and rental model. Long-term rentals often deliver around 5–8% net annually. Short-term rentals can offer higher potential and, in selected locations, exceed 10% annually. We analyse every investment individually, taking into account realistic rents, service charges, competition in the area and the property's appreciation potential.

Question 11

Are there any property taxes in Dubai?

Accepted Answer

No, there is no annual property tax in Dubai. There is also no tax on rental income or capital gains tax on sale. At purchase, however, a one-time 4% DLD fee on the property value applies.

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Dubai Golden Visa Through Property Investment — Requirements, Process and FAQ (2026)

How to Start Investing in Off-Plan Property in Dubai

Step 1.Consultation

Step 2.Property Selection

Step 3.Reservation & Contract

Step 4.Payment Plan

Step 5.Key Handover

Step 6.Post-Purchase Support

Knowledge Base & FAQ

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