Can Expats buy villa's/ flats etc in dubai ?

Sulmina

New member

Member since 20 July 2012

Dubai

Sulmina

20 July 2012 18:03:17

Sulmina

20 July 2012 18:03:17

Dubai

there is a rumour that non UAE nationals can not buy thier home but can only rent ?

Can anyone confirm this ?

In addition to this, apparently if you want to buy you still need a UAE national to be in partnership with you for example the expat can have 49% but the UAE national has 51%?

i would really like to take a mortgage out and buy rather than rent please can someone advise what is possible in dubai?

james.hamad

Serial expat

Member since 11 September 2010

Sharjah

james.hamad

20 July 2012 23:04:12

311

james.hamad

20 July 2012 23:04:12

311

Sharjah

Hi Sulmina!

As far as I know, you can buy the property in some specific areas of Dubai! I've seen some investors having their own apartments/villas!

If you want to get residence visa based on that property, in that case, the property value should be more than some specified value!

You can check more exact information from any real estate consultant!

Dubai28

New member

Member since 29 January 2012

Dubai

Dubai28

21 July 2012 04:05:13

Dubai28

21 July 2012 04:05:13

Dubai

Yes expats can buy apartments and villas in specific areas.

Here are some of those Areas
Springs,Gardens,Greens,Meadows,Arabian Ranches,Jumeirah Beach Residence, Jumeirah Lake Towers etc .....

Kindly note that you can no longer obtain a residence visa upon buying a property. If the property's value is over a million Aed you can apply for a 6 month renewable visit visa.