Buying Real Estate in Dubai
Calculate now
Tax calculator
Dubai
Our tax calculator allows you to calculate different types of taxes in Dubai
Learn more
Free of charge in your language
pmg
Our
Experts
are just
a click
away!
Contact Phone Whatsapp Mail

Buy Real Estate in Dubai

Dubai Real Estate Market: Law, Prices and Developers

Real estate in Dubai is becoming increasingly popular among investors from the UK, USA, Canada, Australia and other English-speaking countries. Dubai offers a dynamic real estate market with steady growth and attractive returns.

Those who want to buy real estate in Dubai, whether as an investment or for personal use, will find both a tax-friendly environment and legal framework conditions that facilitate property acquisition for foreign buyers.

In the following, we examine the most important aspects of buying real estate in Dubai – from tax advantages to legal particularities and market developments to the Golden Visa through property acquisition.

Real Estate Investment in Dubai - Tax Benefits

Dubai is considered worldwide as a capital investment of the highest quality. The emirate has recorded strong economic growth and high population growth for years, which keeps demand for housing high. Particularly attractive for investors are the tax advantages: In Dubai, there are neither income taxes on rental income nor annual property taxes on real estate.

Only a one-time fee of currently approximately 4% of the purchase price is payable to the Dubai Land Department (land registry) upon property transfer. Dubai also does not levy tax on capital gains. This allows investors to achieve significantly higher net returns than in many European countries. In addition, the local currency (AED) is pegged to the US dollar, ensuring currency stability.

Real Estate as Capital Investment - Market Transactions in Dubai

Source: DXBInteract 2024

The framework conditions for investors are excellent: Rental yields in popular residential areas are often 5–8% per year and can even exceed this in individual cases. For example, in up-and-coming "B-locations" such as Jumeirah Village Circle (JVC) or Jumeirah Village Triangle (JVT), rental yields of sometimes over 8% gross are achieved.

At the same time, investors benefit from Dubai's growing property values. Despite the global pandemic, real estate prices in Dubai rose significantly again from 2021 onwards. For the full year 2023, a price increase of approximately 20% was recorded; by November 2024, residential property prices had increased by approximately 19.5% year-on-year.

The result: 2024 was a record year with approximately 180,000 real estate transactions in Dubai, an increase of 36.5% compared to the previous year. This robust demand underscores Dubai's status as a global real estate hotspot.

Real Estate Law in Dubai – Purchase Aspects at a Glance

The purchase of real estate in Dubai is legally well secured for foreigners, including citizens from English-speaking countries.

Since 2002, non-natives have been allowed to acquire real estate with full ownership rights in specially designated freehold areas. These include almost all attractive residential areas (e.g. Dubai Marina, Downtown Dubai, Palm Jumeirah, Arabian Ranches, and many more).

The acquisition is registered in the land registry at the Dubai Land Department and the buyer receives a state property title (Title Deed).

There are various forms of ownership: Common is freehold ownership (full ownership of land and property). In a few cases, long-term leasehold rights exist (leasehold up to 99 years), for example with certain projects – here we advise on optimal structuring.

Overall, investors can rely on the fact that property rights in Dubai – similar to Europe – are protected by a modern land registry system.

Location Selection: The Right Location in Dubai

The location selection has a significant influence on the value development and rental yield of a property. Dubai offers a wide range of locations, from established premium areas to up-and-coming neighborhoods.

Popular top locations include Downtown Dubai, Palm Jumeirah or Dubai Marina, which come with high quality of life and prestige. Here, property prices and rents are correspondingly high, for example, in Jumeirah square meter prices of over AED 25,000 are achieved, and the annual apartment rents on Palm Jumeirah average around AED 264,000 .

At the same time, up-and-coming neighborhoods such as Dubai Creek Harbour, Dubai Hills Estate or Jumeirah Village Circle often offer better value for money and high growth potential. In March 2025, Business Bay, Dubai Creek Harbour, Downtown and Dubai Hills Estate were among the most active areas in the market.

We help our clients select the location with the best future potential based on investment objective (yield vs. personal use) and budget.

Viewing and Purchase Processing: Full Service On-Site

A real estate purchase in Dubai can be efficiently organized even for foreigners. On request, we organize a viewing service: We plan on-site appointments in Dubai for property viewings, whether in completed apartments or on construction sites of off-plan projects.

All contract documents (e.g. reservation agreement, purchase contract draft) are carefully reviewed by us in English and explained to you understandably in English.

In practice, the purchase proceeds similarly to Europe: After selecting the property, a reservation contract (Reservation Agreement) is first concluded with a down payment (typically 10%). This is followed by due diligence and the drafting of the Sales and Purchase Agreement (SPA).

The actual property transfer takes place either before the Dubai Land Department or – for new construction projects – in the presence of the developer. Buyers pay the remaining purchase price (possibly via an escrow account) and the mentioned 4% fees, whereupon the new title is entered in the land registry.

Thanks to legal requirements, such as the obligation of developers to secure down payments in escrow accounts, off-plan purchases are now relatively well secured.

Our experts ensure that all legal requirements are met and your interests are protected.

Buy Real Estate in Dubai
Rent Real Estate in Dubai

Price Development Dubai 2018–2024

Prices for Real Estate in Dubai - Current Market Development 2024 / 2025

The Dubai real estate market showed an exceptionally dynamic development in the past two years. After a slight correction phase until approximately 2020, we have been experiencing strongly rising prices in almost all segments since 2021.

Source: DXBInteract 2024

Already in 2022 and 2023, real estate in Dubai achieved double-digit value increases. Overall, average residential prices have risen by approximately 50–60% since the low point in 2020 (as of early 2025). For example, average apartment prices rose by approximately 19% in 2024 compared to the previous year.

Villas in Dubai recorded similarly strong increases – (+20% in 2024 after +22% in 2023). This means villa prices are now even approximately 2–3% above the previous peak of 2014, while average apartment prices have almost reached the pre-crisis level of 2014.

Specifically, the average square meter price at the end of 2023 was approximately AED 1,256 for apartments and AED 1,484 for villas (approximately 300–350 € per ft²). In absolute terms, an average apartment cost approximately 1.3 million AED (~325,000 €) in March 2024.

Despite this rapid development, market observers emphasize that no overheating is currently apparent, demand remains broadly supported by end users and international investors. For 2026 analysts expect continued moderate growth, albeit with a somewhat flattened price curve in some segments.

Rental Development and Yields

Parallel to purchase prices, rents in Dubai have also risen sharply. In 2022 and 2023, Dubai experienced an unprecedented rental price surge, between November 2022 and November 2023 average rents increased by approximately 20%. Particularly from 2021 to 2023, rental prices climbed rapidly: apartments +25.7% and villas +26.1% year-on-year until April 2023.

Dubai Rental Price Index 2018–2024

Source: DXBInteract 2024

The cause of these rental increases is high demand – fueled by strong population growth (Dubai's population alone grew by ~100,000 in 2023) with relatively limited new construction supply. Consequently, average annual rents rose to approximately AED 102,700 for apartments and AED 308,600 for villas by the end of 2023 (corresponds to approximately 25,000 € or 75,000 € per year).

Top locations achieve even much higher values: On Palm Jumeirah, the average rent for apartments in 2023 was ~AED 263,000 p.a., and in the villa area Al Barari even over AED 1,000,000 p.a..

Despite these increases, rental yields continue to move at an attractive level, as purchase prices, internationally considered, are still moderate. Many investors achieve gross rental yields of 5–8%. For 2024/2025, however, a slight calming of the rental market is emerging: forecasts expect a +3–5% rental increase in 2025 compared to 2024.

This is also politically desired to keep the city affordable for skilled workers. Dubai, for example, introduced a Smart Rental Index in 2022, which is intended to provide more transparency and fair rents.

Top Developers in Dubai: Emaar, DAMAC & Co.

Those who buy real estate in Dubai inevitably encounter the big names in the industry. Among the outstanding developers in Dubai are particularly Emaar Properties, DAMAC Properties, Sobha Realty and Ellington Properties, they all stand for successful projects and a certain quality assurance.

Emaar Properties

Emaar Properties – Dubai’s leading developer, known as the builder of the Burj Khalifa and Dubai Mall. Emaar is partially state-owned and enjoys the highest trust. In January 2025 alone, Emaar recorded over 2,200 sold units with a total value of 8.63 billion AED. Emaar’s projects (e.g. Dubai Marina, Downtown Dubai, Arabian Ranches) are synonymous with solid construction quality, timely completion and high value retention.

DAMAC Properties

DAMAC Properties – Founded in 2002 by Hussain Sajwani, DAMAC has rapidly developed into one of the largest real estate developers in the emirate. DAMAC stands for luxurious residential high-rises and villa projects, often in cooperation with international brands (e.g. Fendi, Versace). Their portfolio includes DAMAC Hills and DAMAC Lagoons, among others. In some cases, the equipment of DAMAC projects was somewhat more extravagant; nevertheless, investors appreciate the innovation and marketing of this developer.

Sobha Realty

Sobha Realty – A developer with Indian roots, known in Dubai above all for uncompromising construction quality and attention to detail. Sobha develops high-quality residential ensembles such as Sobha Hartland, where both villas and condominiums are being built in a green environment. Buyers particularly praise Sobha’s above-average construction execution, a valuable quality in a market with many off-plan offerings.

Ellington Properties

Ellington Properties – As a comparatively younger developer, Ellington has made a name for itself with design-oriented boutique projects. Ellington focuses on thoughtful architecture and high-quality interior design. Examples are Belgravia and Wilton Terraces. These projects are often located in mid-price ranges, but offer outstanding quality and appealing design for this class. For investors looking for something special, Ellington properties are an interesting option.

Of course, there are other well-known developers such as Nakheel (builder of Palm Jumeirah) or Meraas (City Walk, Bluewaters Island).

Our company maintains good contacts with many developers on-site, without however acting as a broker. This allows us to independently assess the advantages of individual projects and developers.

It is always important to check the creditworthiness and history of the developer. With Emaar or Sobha you rarely go wrong, while with smaller, unknown developers you should look more closely.

Thanks to our experience, we know the subtle differences and advise you accordingly on which developer is best suited for your project.

Buy Villa in Dubai
Buy Apartment in Dubai

Golden Visa Dubai through Real Estate Purchase

Another major advantage of acquiring real estate in Dubai is the possibility of obtaining a Golden Visa (permanent residence permit). Since the visa reforms of 2022/2023, Dubai offers foreign real estate buyers a Residence Visa with 10 years validity, the so-called Golden Visa, provided the investment amount reaches certain thresholds.

Currently (as of January 2025) applies: A real estate purchase worth at least 2 million AED (approximately 500,000 €) qualifies for the 10-year Golden Visa. It does not matter whether it is one or more properties and whether these are rented or used personally. It is only important that the total value in the land registry is 2 million AED or more.

Latest developments: Until the end of 2023, it was required for off-plan purchases that at least 1 million AED had to be paid in to be able to apply for the Golden Visa. This hurdle was abolished in January 2024. Now the contractual property value is sufficient, a advantage for buyers who invest in early phases.

Financing is also permitted; the property value is decisive (not exclusively the equity portion).

Important: The visa remains valid as long as the property exists. A sale of the property can lead to the expiration of the visa if no other entitlement exists.

The Golden Visa offers extensive advantages: The holder can live and work in the UAE for 10 years without a local sponsor, receives an Emirates ID and is entitled to open bank accounts, apply for a driver’s license, etc. In addition, Golden Visa holders may equip their family members (spouse, children) with long-term visas.

In particular, wealthy private individuals use this program to build a secure second residence in Dubai. Demand has increased enormously, in Dubai alone over 158,000 Golden Visas were issued in 2023, almost twice as many as in the previous year.

We also support you comprehensively with your Golden Visa application – from property value confirmation, to the medical check to the presentation at GDRFA (General Directorate of Residency and Foreigners Affairs). This ensures that you quickly and smoothly receive your long-term residence status in the Emirates.

Dubai Golden Visa with Emirates ID

Our Services

As an independent, English-speaking company, Privacy Management Group* offers its clients a full service around real estate purchase in Dubai.

Our services at a glance:

  • Comprehensive Legal Advice & Due Diligence*: We examine the property and the developer thoroughly in advance. Is the building permit available? Are there encumbrances? Does the purchase contract comply with local laws? As experts, we ensure that your investment is legally secured and that you understand all documents. You benefit from our legally clear, factual advice, as you are used to from English-speaking countries.
  • Individual Location and Property Advice*: Based on your investment objective (Dubai capital investment or personal use), we advise neutrally on locations, property types and developers. We are not bound to any developers and do not receive hidden commissions – your interest has top priority. Through our presence in Dubai, we know the market and micro-locations firsthand. For example, we help you assess whether an off-plan investment in a new neighborhood offers more potential than an existing property in an established quarter.
  • Accompaniment of the Purchase Process* from A to Z: From property viewing (possibly via video call or on-site with us) to contract negotiations to handover of keys, we are at your side.
  • We coordinate appraisers, translators, notary appointments as far as necessary and take care of the formalities at the Dubai Land Department. Our English-speaking employees also accompany you personally to appointments to bridge linguistic and cultural communication gaps. Should financing be desired, we support with bank account opening and mediate contacts to local banks.
  • Aftercare and Additional Services*: We do not leave you alone even after the purchase. We also support you with the application for the Golden Visa, if needed also with structuring via companies (if, for example, a foundation or offshore company as owner makes sense for inheritance law reasons).
  • We also offer through our network support with property management, rental or later resale. Precisely because we also operate locations in Cyprus and other jurisdictions, we can also assess special tax questions transnationally and offer solutions (e.g. relocation abroad, double taxation agreements, etc.).

With our personal approach, we build trust. You have a fixed English-speaking contact person who understands your concerns and treats them discreetly. As experienced specialists, we know: Real estate purchase is a matter of trust – especially abroad. That is why we value transparency, professionalism and many years of experience. Our advice is argumentatively sound rather than sensational, because it is about your assets and your future place of residence. Clients of Privacy Management Group appreciate that we present complex facts clearly and yet understandably.

Conclusion: Dubai offers exceptional opportunities for real estate buyers from English-speaking countries – tax-free, high-yield and with the option of a Golden Visa. At the same time, market entry requires expert guidance to avoid legal pitfalls and identify the best offers.

Privacy Management Group stands by your side as a trusted partner. Thanks to our independent structure, our on-site presence and our English-Arabic expertise, we make real estate purchase in Dubai as safe and pleasant as possible for you.

Do not hesitate to contact us with any further questions. We look forward to supporting you personally in Dubai.

*in cooperation with licensed partners on-site

We are happy to assist!

Call our team
for a free consultation
with one of our experts

Readers were also interested in