Yes, foreigners can purchase property in designated "Freehold" areas. At Innovia Star, we specialize in these zones—including Dubai Marina, Downtown, and JVC—where you receive 100% ownership of the property and the land.
As of 2026, you can qualify for a 10-year Golden Visa with a property investment of AED 2 million or more. Notably, the requirement to pay 50% upfront has been removed, making it easier to qualify via mortgaged properties.
Generally, you should budget approximately 7% to 8% above the property price. This includes the mandatory 4% Dubai Land Department (DLD) fee, agency commissions (2%), and administrative/trustee fees.
Off-plan buying allows you to purchase property during the construction phase with flexible payment plans. Your payments are protected by government-regulated Escrow accounts, ensuring funds are only released as construction milestones are met.
No, you do not need residency to purchase. You can complete the entire transaction on a tourist visa or even remotely via a Power of Attorney. However, owning property can be a pathway to obtaining long-term residency.
Freehold gives you absolute ownership of the property and land indefinitely. Leasehold allows you to use the property for a fixed period (typically 99 years). We primarily focus on Freehold assets to ensure maximum long-term value for our clients.
One of Dubai’s greatest advantages is its tax-efficient environment. There are no annual property taxes, no capital gains taxes, and no taxes on rental income for individual investors. This allows you to retain a significantly higher percentage of your returns compared to other global real estate hubs.
Investors can secure a 10-year renewable Golden Visa by purchasing property valued at AED 2 million or more. As of 2026, the process is even more accessible: you can qualify for the visa even if the property is mortgaged (provided the total value meets the threshold) or if the property is still under construction (off-plan).
Dubai continues to offer some of the highest rental yields in the world, typically averaging between 5% and 9% depending on the area. Short-term rentals in high-demand zones like Downtown and Dubai Marina often yield even higher returns due to the city’s thriving year-round tourism and business travel.
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