Guides to buying, costs, visas and paperwork — with links to official sources. Written for buyers from Uzbekistan and the CIS.
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Off-plan buyers' money in Dubai is protected by the project escrow account: under Law No. 8 of 2007 payments go into a separate bank account, may be spent only on that project and are out of reach of the developer's creditors. Every sale must be registered in Oqood or it is void. If RERA cancels a project, buyers are refunded from escrow; Dubai REST shows the account number.
A real estate investor Golden Visa is available to owners of one or more UAE properties with a total value of at least AED 2,000,000. The…
A foreigner can buy a new-build in Dubai remotely: choose a project in a freehold area, check the developer and escrow account with DLD, sign the…
Check the developer in the Licensed Developers list on the DLD website or in Dubai REST, and the project in Project Status Enquiry or the Mashrooi…
Off-plan means buying a unit under construction: you pay in instalments into the project escrow account, and the sale is registered in the DLD interim register…
Besides the price, a buyer in Dubai pays the 4% DLD registration fee plus AED 10 + AED 10. On resale add the Trustee fee (AED…
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