The founders of Orange Real Estate have been in Dubai since 1978, and can offer a level of experience and knowledge of the market that is un-paralleled.
In this section we have pulled together some useful information that should give you all the initial information you need on the Dubai Property Market. Use the menu to the right to browse the various topics.
If you have any queries that are not covered here then please ask us, we would be happy to help.
The Purchase Process in Dubai
Below is the standard purchase process in UAE, and issues that may affect the purchase:
- Most property for sale in the UAE is new-build, as the housing industry is so young little resale property is available yet.
- All homes for purchase by foreigners are located within special pre-approved zones, with resident visas issued on completion for those wishing to make a permanent move.
- Strict government regulations mean the process is straightforward.
- A simple sales agreement is the only document required for purchase. However, this is legally binding and should only be signed when all reasonable checks have been undertaken and all negotiations completed.
- There is no income tax or capital gains tax on property sales or rentals in the UAE.
- 2-4% stamp duty is payable on property purchases in the UAE.
- A 1.5% land registry fee is also payable on completion.
