Dubai has been a magnet for investors and people looking for a new home for years. A stable economy, zero income tax, and world-class infrastructure make it an ideal place to invest. The good news? Foreigners can own property in so-called freehold zones without the need for residency.
If you want to go through the process safely and without costly mistakes, our team at Aurea Estates will guide you every step of the way – from choosing the right location to handing over the keys.
1.Choose Your Location
As a foreigner, you can only buy in certain designated areas. The most sought-after right now include:
- Dubai Creek Harbour – a modern waterfront district with views of Downtown and the upcoming tallest tower in the world
- Dubai Hills Estate – a green community with a golf course, perfect for families
- Motor City – a peaceful residential area with a strong community vibe
- Dubai Islands – an exclusive seaside project offering a resort-style lifestyle
Tip: If you’re not sure which location suits you best, our real estate experts can prepare a personalized selection based on your preferences.
2. Set Your Budget
Before you start searching, define your budget.
Prices start at around €180,000 for smaller apartments and go up depending on size, location, and amenities.
Additional costs to consider:
- 4% Dubai Land Department (DLD) fee
- Administrative fees
- Property registration fee
Our advice: We can help you calculate the full cost upfront so you know exactly what to expect.
3. Work with a Licensed Real Estate Agent
Dubai has a large and dynamic real estate market. Working with a professional will save you time, money, and protect you from unverified offers.
A good agent will:
- Know the best developer projects and their track records
- Check the legal status of the property
- Negotiate better terms on your behalf
Why AUREA estates?
We are a licensed real estate agency with experience in both European and Dubai markets – we know exactly what information is most important for our European clients.
4. Decide on Your Financing
- Cash purchase – the fastest and simplest way
- Dubai mortgage – banks offer loans to foreigners (usually 50–70% of the property value)
- Required: passport, proof of income, bank statements
- Flexible repayment terms, often up to 25 years
Our help: We can connect you with banks and mortgage advisors experienced in working with overseas buyers.
5. Reserve the Property
Once you find your property, you’ll sign a reservation agreement and pay a reservation fee (usually 5–10% of the price). This removes the property from the market.
6. Sign the Sales and Purchase Agreement (SPA)
The SPA will outline:
- Property details
- Payment terms
- Ownership transfer conditions
7. Secure Payment Transfer – Escrow Account
Dubai uses an escrow system – your funds go into a dedicated account and are released to the developer only after agreed conditions are met.
This ensures maximum security for buyers.
8. Handover of Keys
Once all payments are made and the property is registered with the Dubai Land Department, you will receive:
- The keys to your property
- The official title deed
Buying property in Dubai as a foreigner is a straightforward and transparent process. With a clear plan, the right partner, and an understanding of the steps, you could own your new home or investment property in just a few weeks.
At Aurea Estates, we ensure a smooth process, professional guidance, and maximum protection for your investment.
Become our client and gain a reliable partner you can always count on
