Yes, foreigners are able to purchase real estate in Dubai. In so-called freehold zones, they are permitted to buy freehold homes. Foreign nationals can purchase, sell, and lease these properties without any limitations because they grant complete ownership rights.
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Choosing a Property
For residents, the minimum down payment for first-time purchasers is normally 20% of the property value. Depending on the lender, non-residents could be required to make a greater down payment, typically between 25% and 35%.
Buyers should factor in the following expenses in addition to the buying price:
Yes, even if the loan-to-value ratio (LTV) might be lower for non-residents than for residents, non-residents can still get mortgages in Dubai. Depending on their financial situation and the lender’s regulations, non-residents can normally borrow anywhere from 50% to 75% of the property’s worth.