Can a Overseas Company Buy Property in Dubai?

Can a Overseas Company Buy Property in Dubai?

Can a Overseas Company Buy Property in Dubai? This is a question some people ask and the answer is Yes—if the company is set up in, or migrates to, an approved UAE free zone or offshore jurisdiction and the property lies in a designated freehold area.

Understanding Overseas Companies

Overseas (Foreign) Company – Incorporated outside the UAE and not registered with any UAE authority.
●Who can buy? JAFZA offshore entities and most Dubai free‑zone companies whose activities permit real‑estate ownership.
●Where? Only in areas the Dubai Land Department (DLD) has earmarked as freehold.
●Main hurdle? Producing fully legalised company documents and passing Ultimate Beneficial Owner (UBO) checks.

Legal Framework If Can a Overseas Company Buy Property in Dubai?

Legal Framework If Can a Overseas Company Buy Property in Dubai

1- Core Statute: Dubai Law No. 7 of 2006

This law restricts foreign ownership to specific zones and allows “non‑UAE nationals, whether natural or juridical persons,” to acquire freehold rights only in those zones. The Dubai Land Department maintains the official freehold map.

2- Eligible Corporate Structures

StructureCan hold title?Notes
JAFZA OffshoreYesMost straightforward; recognised by DLD since 2011.
Free‑Zone LLCYes (zone dependent)DMCC, DSO, and DIFC entities are commonly approved.
Foreign company (no UAE presence)NoMust redomicile or establish a JAFZA/Free‑Zone entity.
Mainland LLCYesBroader choice of locations but requires UAE national shareholding.

Also Read: How to Avoid Real Estate Frauds in Dubai 

Where Can an Overseas Company Buy Property in Dubai?

Dubai’s freehold map currently includes (2025):

  • Business Bay
  • Downtown Dubai
  • Dubai Marina & JBR
  • Palm Jumeirah & Palm Jebel Ali
  • Jumeirah Village Circle (JVC) & Jumeirah Village Triangle (JVT)
  • Emirates Living (The Springs, Meadows, Lakes)
  • Dubai Hills Estate, etc.

Always double‑check the DLD interactive map before signing; zone boundaries can change.

Also Read : How to Transfer Ownership Of Property in Dubai

Steps to Buying Property in Dubai as an Overseas Company

Steps to Buying Property in Dubai as an Overseas Company

1.Appoint a RERA‑licensed broker

Secure a brokerage agreement that confirms their commission and duties.

2.Legal & financial due diligence

Obtain a copy of the title deed, check encumbrances, and verify the seller’s authority.

3.Hire a UAE real‑estate lawyer

Our real estate lawyers in Dubai will draft or vet the Sale & Purchase Agreement (SPA), confirm the company’s constitutional documents are in order, and arrange notarisation/legalisation.

4.Secure funds

UAE banks seldom finance offshore entities. Budget a cash purchase plus 7–8 % of the price for fees.

5.Sign the SPA and pay the deposit

A 10 % deposit is common; it is usually held in escrow or by the broker.

6.Obtain No‑Objection Certificate (NOC)

Collected from the developer or owners’ association; certifies service‑charge payments are up to date.

7.Register at the DLD

Documents:

  • Certificate of Incorporation
  • Memorandum & Articles
  • Board resolution approving the deal
  • Passports & Emirates IDs (if any) of directors/UBOs
  • Power of attorney (if applicable)
  • Legalisation stamps (UAE Ministry of Foreign Affairs & UAE Embassy in the issuing country)

Fees:

  • 4 % DLD transfer fee
  • AED 580 title‑deed issuance
  • AED 4,200 trustee office fee

8.Receive the e‑Title Deed

Ownership is effective once the DLD issues the electronic title deed.

Also Read : Guide to Buying Property in Dubai: Legal Tips for Investors

Common Challenges—and How to Solve Them

ChallengeWhy it happensMitigation
Heavy document attestationUAE requires foreign papers to be notarised, legalised, and translatedStart attestation early; use Dubai‑based corporate‑service providers
UBO scrutinyAnti‑money‑laundering rulesPrepare a clear share register and UBO declaration
FundingBanks avoid offshore borrowersConsider shareholder loans or ring‑fenced cash
Zone restrictionsProperty outside freehold areasConfirm zoning on DLD site before paying a deposit

Advantages of Property Ownership by Overseas Companies

  • Asset segregation – Keeps the property separate from personal liabilities.
  • Succession planning – Shares can be transferred without changing the title deed.
  • Tax efficiency – Dubai levies no annual property tax or capital‑gains tax.
  • Corporate visa pathway – Certain free‑zone entities qualify directors or shareholders for renewable UAE residence visas.
  • Rental income – Long‑term and holiday‑let markets generate yields of 5–9 % p.a.

Need Help From Real Estate Lawyer?

Our team of real estate lawyers in Dubai have guided dozens of overseas corporations through successful acquisitions. Contact us for a 30‑minutes consultation.

FAQ

1- Can a foreign company without a UAE presence buy property?

No. It must first establish or migrate to a recognised UAE entity.

2-Is property ownership limited to commercial units?

No. Residential, commercial, and mixed‑use units in freehold zones are permissible, but agricultural and government land is off‑limits.

3- How long does the purchase process take?

Four to eight weeks, depending on document attestation and NOC timing.

4-Do offshore companies pay VAT on property purchases?

Residential property purchases are exempt. Commercial property attracts 5 % VAT on the first sale; secondary sales are VAT‑exempt.

5-Can the company sell the property freely later?

Yes—subject to the same DLD procedures and payment of the 4 % transfer fee.

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