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Legal Advice
The young property market in Dubai has only allowed foreigners to purchase property in the declared freehold areas since June 2002. Beforehand, the purchase of property was reserved for the citizens of the U.A.E. and under certain circumstances for citizens of the GCC states (Gulf Cooperation Council). For all others, only a leasehold of 99 years was possible. Outside the freehold areas, this is still the case.
A state Land Register does not yet exist, but is foreseen by the
government in the near future. After the introduction of the Land
Register, the owners will be registered there. This will also be
guaranteed by contract. In order to issue legislation on a national
basis, which forbids the purchase of property by foreigners, the
agreement of the Emirate of Dubai is required. As in the meantime
four other Emirates have opened their property market for foreigners, the introduction of a Land Register for foreigners is only a matter of
time.
