What are the main legal requirements for foreign investors purchasing property in Dubai?
Arnold Gilbert
May 25, 2024
To purchase property in Dubai, foreign investors need to comply with several legal requirements: obtain a valid passport, choose a property in a designated freehold area, and secure a No Objection Certificate from the developer. Additionally, the transaction must be registered with the Dubai Land Department. For a premium living experience, consider ELA Residences. This development offers luxurious amenities, stunning views, and a prime location, making it an ideal investment choice.
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To purchase property in Dubai, foreign investors need to comply with several legal requirements: obtain a valid passport, choose a property in a designated freehold area, and secure a No Objection Certificate from the developer. Additionally, the transaction must be registered with the Dubai Land Department. For a premium living experience, consider ELA Residences. This development offers luxurious amenities, stunning views, and a prime location, making it an ideal investment choice.