‘Freehold’ refers to the outright ownership of the property and the land it’s on, while “leasehold” describes a long-term lease of land, typically 99 years, with ownership of the building.

Owning property in Dubai doesn’t require a residence visa, but property owners may be eligible for one based on the property’s value.

Purchasing property in Dubai incurs additional costs such as Dubai Land Department’s transfer fee, agent commissions, mortgage registration, valuation fees, and legal fees.

Mortgages are available in Dubai for both residents and non-residents, with financing up to 75-80% for residents and 60-65% for non-residents, subject to bank conditions.

Buying property involves selecting the property, signing an MoU, deposit payment, obtaining a No Objection Certificate, and transferring ownership at Dubai Land Department

Dubai has no annual property taxes, only a one-time land registration fee

Property owners in Dubai can rent out their properties but should use licensed agents and register rental agreements with RERA.

ROI in Dubai varies by location and market conditions, with prime areas like Dubai Marina and Downtown Dubai offering higher returns ranging between 5% – 7%.

Investing in Dubai real estate is generally considered stable; however, it’s crucial to research and seek professional advice due to inherent investment risks.