%Real Estate Property Consultants in Dubai%Excel Properties


Buying a property in Dubai can be one of the best investment decisions you could ever make. Yet, there have always been a lot of things to consider. As a real estate broker in Dubai, we have been asked over and over again by buyers and investors alike on how to buy property in Dubai.


The Dubai real estate market is seeing continuous growth with the number of developments under construction around the city as well as the Expo 2020, which is resulting in plenty of property investment opportunities. If you are a first-time investor in the Dubai property market there are a few things you have to keep in mind. 

Let start with a few commonly asked question & queries when buying a property: 

• What are the types of property can I buy? 

• What are the factors to keep in mind? 

• What are the documents required?

• What are the fees involved in the process?

• What is the permit & Visas I am eligible for?


There are two basic options for potential home owners in the UAE:



Leaseholds essentially give you a 99-year ownership of the house, with the land partially owned by you and partially by the freeholder who has leased the property to you. Whereas in Free hold the residential unit as well as the land belonging to you, Freehold options across the UAE are a lot more than leasehold.


The next essential step is to understand your goals, budget and the outcome. If you are looking to purchase a property in Dubai, there are two main options to go for; OFF-PLAN and SECONDARY MARKET. The good thing is you can buy apartments in Dubai on installments or mortgage with any of these options.

Whether it is for an investment purpose, or you plan to move to the property in the long run, it is important to choose the right location. Consider the location on the basis of the availability and accessibility to basic requirements like transportation, connectivity, traffic, schools, markets as well as the development in the next 5 years and the return on investment in long term. 


1. Passport and visa copy

2. Emirates ID

3. Trade license for business owners and salary certificate for salaried employees

4. Bank statements of three to six months

5. Life Insurance – if you take a mortgage in UAE 


Understanding the fees and costs involved is vital for proper preparation. 

Below are the fees to be prepared for while buying a property in Dubai: 

NOC issuance fees

Real estate agent service fees

Dubai Land department fees

Mortgage registration fees

Property registration fees

Valuation fees

To buy a house in Dubai, you will have to pay your real estate agency two per cent of the property value as fees for their services.

Note that DLD charges transfer fees at four per cent, in which two per cent is to be paid by the buyer and two per cent is paid by the seller.

For mortgaged customers, a down payment of 25 per cent for expats and 20 per cent for UAE nationals is requested to be paid to the seller of completed properties in Dubai. 

Bank fees

Service Charges 


Investor Visa

The two main visas that expats who own property here can apply for are the three-year and five-year visas.

The three-year visa is available to individuals who have acquired a property of AED one million or more. The five-year requires property valued at AED five million or more. It is worth stating that the investment does not need to be in a single property, so if you could own three (or more) properties in the UAE totaling a value of AED five million you can be eligible for the five-year visa.

With this type of visa, you become a tax residence of the UAE. This means that in most cases your investments and the profits made no longer require you to be taxed by your home country.

As a holder of an investor visa, you will also be able to sponsor additional family members to enter the country. Your visa entitles you to sponsor your partner, children and parents. 

Golden Visa 

In 2019 the UAE introduced the long-term residence visa. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland.

Visas issued under this new system are for 5 or 10 years and will be renewed automatically.

Eligibility for a 5-year visa:

The investors entitled to apply for a 5-year residence visa in the UAE are 

investors in a property in the UAE.

Permitting a visa is subject to the following conditions:

The investor must invest in a property of a total value of not less than AED 5 million.

The sum invested in real estate must not be on loan basis.

The estate must be retained for at least three years.

Investors who are entitled to apply for 10-year residence visa have to make investments of up to AED 10 million in following ways: 

An investment fund inside the country 

Establishing a company in the UAE 

Partnering in an existing or a new company with a share value of not less than AED 10 Million 

Retirement Visa 

For a retiree to be eligible for a 5-year renewable retirement visa, he must achieve one of the following criteria:

Invest in a property worth AED 2 million 

Have financial savings of not less than AED 1 million

Have an active income of not less than AED 20,000 per month.

The Eligibility for these criteria is 55 years of age at least and have a valid medical insurance coverage in the UAE. You will get a status update on your application in three working days.

To know more contact the property experts at Excel Properties for all your real estate investment guidance and support to help you achieve the best property deals and investment opportunities.

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