Process of buying a property in the United Arab Emirates
Updated: Dec 9, 2022
If you're seeking to purchase a home in the UAE, you're undoubtedly curious about how to go about doing so and whether the process will be different in 2021 compared to how it was in the past, say, a few years ago.
According to the Dubai Land Department, the UAE's real estate transactions in May 2021 totaled $3.02 billion.
United Arab Emirate's real estate sector is on a strong growth trajectory after a rocky year and is moving forward as it recovers from the global Covid-19 pandemic-induced downturn.
During the epidemic, the UAE has taken on the role of a safe haven, providing a much-needed break from the lockdowns that are still popping up all over the world.
The real estate market is expected to return strongly in the second half of 2021 as a result of factors like stimulus packages, visa reforms, and high demand from investors and end-users.
All About Properties LLC creates a comprehensive guide on how to purchase real estate in the United Arab Emirates, including all transactional phases and necessary paperwork.
These are our topics. Let's get to know more as you read through.
What are the legal considerations when purchasing a home as a foreign national?
What are the purchasing phases?
How to purchase a home in the UAE?
What are UAE's property registration process?
What are the property taxation for non-residents?
More info about payments and mortgages.