How to Buy Property in Dubai: A Step-by-Step Guide for Foreign Investors
Обновлено:
Краткий ответ: Foreign investors, including Israelis, can buy freehold property in designated areas of Dubai. The process involves selecting a property, signing a Sales and Purchase Agreement (SPA), paying a deposit (usually 10-20%), and registering with the Dubai Land Department (DLD) for a 4% fee. For off-plan, buyer funds are held in government-regulated escrow accounts until construction milestones are met.
The Buying Process in 5 Steps
Investing in Dubai is designed to be efficient and secure for international buyers. Glidai Properties manages this entire process end-to-end.
The process begins with an in-depth consultation to map your budget, risk profile, and yield expectations. We then present a curated portfolio of 3 to 5 properties (off-plan or ready) that match your criteria, analysing developer history, location potential, and expected ROI.
Once a property is selected, you sign a reservation form and pay an initial booking deposit, typically between 10% and 20% of the property value for off-plan. This secures the unit and locks in the purchase price.
The developer issues the formal SPA. Our in-house legal team, licensed in both Israel and the UAE, reviews every clause and translates the key terms into Hebrew. You can sign electronically or in person.
Buyers pay a 4% registration fee to the Dubai Land Department (DLD). For off-plan purchases, all payments are deposited into a secure, government-regulated escrow account, released to the developer only when the DLD verifies construction milestones.
On completion you make the final payment and receive the keys. Glidai Properties conducts a thorough snagging inspection, then transitions into property management, handling tenant placement, Ejari lease registration, and ongoing maintenance.
Understanding the Escrow System
Dubai's Real Estate Regulatory Agency (RERA) mandates the escrow system to protect foreign investors. Your money is tied to the physical progress of the building, mitigating the risk of developer default.
Часто задаваемые вопросы
Do I need to fly to Dubai to buy a property?+
No. The entire purchasing process, including SPA signing and DLD registration, can be completed remotely. Many investors still choose to visit for a guided tour of the projects and areas, which we facilitate.
Can Israelis open a bank account in the UAE?+
Yes. Following the Abraham Accords, Israelis can open bank accounts in the UAE. Glidai PRO assists with the entire banking compliance and setup process.
What happens if I want to sell before completion?+
Most developers allow you to sell your off-plan property to a new buyer once you have paid a certain percentage of the total price (usually 30% to 40%). This is known as flipping and can be a lucrative short-term strategy.
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