Frequently asked questions
Owning a property in Dubai offers buyers multiple benefits: investors benefit from 100% ownership in designated freehold areas which bring in high rental yields. They are also not required to pay any annual property tax and get eligible for a long-term residency UAE visa. A stable economy, world-class infrastructure and foreign-investment favoured regulations are additional advantages.
Through our multiple offices in the UK, Asia and the Middle East. Benham and Reeves offers end-to-end services to its global clientele and offers assistance with identifying the best property as per your requirements, file legal paperwork on your behalf, manage remote transactions and offers and a seamless property buying experience – regardless of where you are based.
While approval criteria and interest rates may differ for non-residents, we only refer clients to trusted financial institutions. Financing options of up to 60% loan-to-value (LTV) may be available; however, this is subject to individual lender approval and the applicant's financial profile.
The Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) regulate the Dubai property market. These reliable authorities ensure complete transparency, protect buyers’ rights and oversee fair real estate practices.
You will be happy to know that there are no annual property taxes or capital gains taxes in Dubai. However, buyers must pay a one-time 4% transfer fee to the Dubai Land Department at the time of purchase.
There are several advantages: lower entry prices, flexible payment plans, potential for capital appreciation before completion & early access to premium units in high-demand developments.
An Oqood certificate is a temporary registration document the Dubai Land Department issues for off-plan property purchases. This paperwork officially records your ownership rights until the final title deed is issued after project completion.
Most developers require a booking fee ranging from 5% to 10% of the total property value.