Especially when it comes to investments abroad, security and transparency are paramount. While one may be familiar with all the rules and regulations in their own country, navigating foreign territory can be challenging.

You probably already know that real estate buyers are one of the driving forces behind Dubai’s growth. Dubai recognized this years ago and has since implemented significant measures to ensure security and transparency for both buyers and landlords.

Today, we would like to introduce you to some of the measures that make Dubai a haven for your real estate investment:

1. Escrow account system for Off-Plan projects:

All payments – except for reservations – are deposited into an escrow account managed by the Dubai Land Department (DLD).

Developers can only access funds from this account partially and only upon official approval of construction progress by the DLD.

Since the introduction of the system, there have been no significant deviations or defaults.

Through the DUBAI REST APP, you can view the construction progress of EVERY project in Dubai, officially documented by the DLD and sometimes even with pictures of the construction sites.

2. Standardized and regulated purchase contracts:

Purchase contracts – for both Off-Plan and existing properties – are heavily regulated to prevent any disadvantages for buyers.

Purchase contracts with developers are non-negotiable, as any changes must be re-evaluated and approved by the DLD.

Purchase contracts in the existing property market allow only minor changes and additions, which are rejected by the DLD if they disadvantage the buyer.

3. Land Registry and Notary – Online and Efficient:

With a Freehold purchase, you receive 100% ownership secured by a land registry entry.

Need a notary appointment? Not in Dubai! Everything is done online, and that too in just a few hours.

4. Strict Rules for Service Fees:

Service fees cannot be raised without reason. Any increase must be justified, proven, and approved by the DLD.

5. Legal Consequences for Non-Paying Tenants:

For long-term leases, you receive the entire rent – plus the deposit – for a full year in advance.

In Dubai, it’s clear-cut: Non-compliance with the contract and non-payment mean the tenant vacates the property without exception.

Instances of tenants not paying their rent are extremely rare since rent is due in advance, and without payment, there’s no access to the property.

As a buyer and landlord, you are perfectly protected. But that’s not all: Dubai has an exciting future ahead, and you can be a part of it.