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What are the conditions for foreigners buying real estate in the UAE? Are there any restrictions?

April 26, 2017buying Conditions foreigners Real Estate UAE

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What are the conditions for foreigners buying real estate in the UAE? Are there any restrictions?

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To date, Dubai was enshrined the right of foreigners to acquire property in specified areas in terms of proficiency, so-called Friholde. This implies a free resale, lease, gift, inheritance etc.. Some projects may also be purchased by foreign citizens to the rights of long-term lease – up to 99 years.