How to register a property purchase in the UAE

First, you need to decide on the type of real estate—apartment, townhouse, or villa—and the location. Not every area allows foreigners to purchase real estate.

Next, prepare the required documents:

• Identity documents (including Emirates ID)
• Visa (a tourist visa obtained upon arrival at the airport is acceptable)

You do not need a residence permit to buy real estate.

Can I pay with cryptocurrency?

Yes, but not every company offers this option. Developers who accept Bitcoin or Ethereum include: Damac, Ellington, and Samana.

“Keep in mind that developers often revise their policies on acceptable payment methods. Before planning a purchase, it is important to confirm the possibility of paying with cryptocurrency directly with the developer.” Alexandra Kurdiumova Co-founder

How to Verify the Real Estate Property?

There is an official app from the Land Department—Dubai REST.

In it, you can check:

• The license of the contracting company (only licensed brokers can close deals).
• The project’s completion status (if you are buying property under construction).

What Are the Benefits of Buying Real Estate in the UAE?

1. No Property Tax The UAE has no property tax. However, there is a fee for changing ownership. Each emirate sets its own rate. For example, in Dubai, it is 4% of the purchase price. This fee is usually paid by the buyer. Additionally, there are administrative fees for property registration.
2. Freehold Ownership Without Restrictions When buying real estate in Freehold zones, you become the full owner of the property and can manage it as you wish resell, lease long-term or short-term, gift, transfer ownership. This right will also pass to your heirs.
3. Transaction Security and Government Oversight Authorities are interested in foreign buyers and new investments, so they closely monitor compliance with laws. Additional guarantees are provided by major developers involved in closing deals.
4. Residency Visa After Buying Property When purchasing any real estate worth more than 2,000,000 AED, the buyer becomes eligible for a 10-year “Golden” Visa. This visa can also be obtained when buying property with a mortgage or installment plan, provided at least 1,000,000 AED has been paid. The property owner can be male or female.

The “Golden” Visa can be renewed indefinitely as long as you retain property ownership and comply with UAE laws.

“Important note: after buying property, we recommend not delaying the drafting of a will. If the property owner dies without a will, the property will be distributed according to Sharia law.” Gennady Kurdiumov Co-founder