Frequently Asked Questions
Questions about Buying ?
Yes, foreigners can purchase property in Dubai, particularly in designated freehold areas. These areas offer full ownership rights to expatriates and foreign investors.
Freehold Properties: Allow buyers full ownership of the property and the land it stands on, with no time restrictions.
Leasehold Properties: Grant ownership for a fixed term, typically 99 years, after which ownership reverts to the original owner.
Beyond the property’s purchase price, buyers should consider:
Dubai Land Department (DLD) Fee: 4% of the property price plus AED 40.
Registration Fees: Typically ranges between AED 2,000 to AED 4,000, depending on the property’s value.
Service Charges: Ongoing fees for property maintenance and communal services.
Investors can acquire properties in the Freehold Zones of the UAE, thereby qualifying for a 2-year residency visa. The minimum investment amount for individual investors is AED 750,000. However, in cases where real estate ownership is registered for spouses, the minimum investment amounts to AED 1 million. Investors may also include a spouse and children under the age of 18 in their application.
Yes, both residents and non-residents can obtain mortgages in Dubai. Lending criteria apply, and a down payment is typically required. It’s advisable to consult with local banks or financial institutions to understand the specific terms and eligibility criteria.
Questions about Off Plan ?
Purchasing off-plan properties involves:
Research and Selection: Identify suitable projects and reputable developers.
Reservation: Pay a reservation fee to secure the property.
Sales Agreement: Sign a detailed agreement outlining terms and conditions.
Payment Plan: Follow a structured payment schedule during construction.
Handover and Registration: Upon completion, inspect the property, take possession, and register it with the Dubai Land Department.
The completion timeline varies based on the project’s scale:
Smaller Projects: Approximately 2-3 years.
Larger Developments: Approximately 4-5 years or more.
Investing in off-plan properties offers several advantages:
Lower Purchase Price: Off-plan properties are often priced more competitively than completed units, providing potential for capital appreciation by the time of completion.
Flexible Payment Plans: Developers typically offer installment-based payment plans, easing the financial burden on investors.
Customization Opportunities: Early buyers may have the option to select preferred units and customize certain aspects of the property, such as finishes or layouts.
Potential for High Returns: If the market performs well, investors can sell their off-plan contracts before completion at a profit.
We ensure a smooth transition into ownership and beyond:
🏡 Final Handover Inspection – Ensuring the unit is delivered in top condition.
📑 Ownership Transfer & DLD Registration – Handling all legal processes.
🔑 Property Management & Rental Assistance – Helping you generate income if you plan to rent.
Whether you’re buying to live in, flip, or rent out, we provide full post-purchase support.
Dubai offers some of the highest rental yields globally, averaging 6% to 10%. When investing through Key Zen Properties, we focus on properties with:
✔ Strong tenant demand for consistent rental income.
✔ High capital appreciation potential in emerging locations.
✔ Flexible payment plans to optimize cash flow.
Want passive income? We also offer property management services to handle everything for you.