Should I rent or buy property when first moving to Dubai?
Signed by: Sarah Al Qasimi (Lead Editor). Fact-checked by the full editorial team.
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Related Questions
What is the Dubai Land Department (DLD) fee when buying property?
4% of the purchase price, payable to Dubai Land Department at the time of title deed transfer. This is separate from agent commission (typically 2%), mortgage arrangement fee, and conveyancing fees. On a AED 2M property expect total transaction costs of AED 120,000–160,000. DLD fees cannot be negotiated or avoided.
What is the minimum property value for a Golden Visa in Dubai?
AED 2,000,000 in completed (ready) property fully paid. Alternatively, mortgaged property worth AED 2,000,000+ where you have paid at least AED 1,000,000 (approximately 50%+ equity). Joint ownership counts if your registered share meets the threshold. Off-plan property does not qualify until completed and title deed is issued.