Moving from the US to Dubai: A Complete Guide to Buying Property

If US citizens are packing their bags for Dubai, it is no surprise. It is easy to see why people move from the United States of America to Dubai because this city is known for its booming economy, zero income tax, luxury living, low crime rates and opportunities for entrepreneurial ventures.

The world-class infrastructure, quality lifestyle, prevailing sense of safety and security, abundant career opportunities and tax-free income make Dubai a global investment hub. People from all over the world, including the US, the UK and Europe move to Dubai for better career and living prospects. 

As an American citizen, you can live a vibrant and energetic lifestyle in Dubai and also experience a seamless blend of modernity, tranquility, and extravagance. If you are also planning to move to Dubai to tap into Dubai’s offerings or benefit from Dubai’s booming real estate market then give this blog a read to know about buying property in Dubai. 

How Is The Real Estate Market Performing In Dubai?

Dubai has become a global hub for innovation and real estate investment. Thanks to its investment-friendly policies, tax benefits, property visa options, low crime ratio, variety of real estate and futuristic lifestyle. Following the covid saga, the real estate sector of Dubai is growing relentlessly. Year after year, the real estate market keeps getting better. The number of real estate transactions increases each year, surpassing the previous one. 

Dubai’s real estate market witnessed 97,466 transactions in 2022, valued at AED 256.6 billion. The number of transactions reached 132,628 in 2023, with AED 409.8 billion transactional value of properties. In 2024, the city observed 189,900 transactions worth AED 522.1 billion, reflecting the relentless growth and expansion of Dubai’s property market.

Can US  Citizens Buy Property In Dubai?

Yes. Americans can buy freehold properties for sale in Dubai. In fact, foreign nationals are allowed to invest, purchase and exclusively own their purchased properties. Dubai has developed some specific areas called freehold areas where foreigners can buy, sell and rent all sorts of residential and commercial real estate.

What Do You Need to Know About Buying Property In Dubai From The US?

Investing in Dubai’s property sector is one of the best decisions US citizens can make because of Dubai’s charm and fascination. Several factors such as the strategic location of the city, relentlessly growing economy, investor-friendly policies and high ROI make Dubai a top choice for property buyers worldwide. Let’s explore what you need to know about buying property in Dubai!

What Makes Dubai’s Real Estate Investment Worthwhile?

Tax Benefits: There is no personal income tax and capital gain tax in Dubai. A tax-free environment makes Dubai’s real estate an attractive investment choice for US citizens because this factor also leads to higher returns on investment.

Exceptional Returns On Investment: Unlike New York, London and Singapore, Dubai offers exceptional ROI when it comes to real estate investment. Property investors normally generate 7-10% returns by investing in Dubai.

Property Ownership Rights: Dubai offers property ownership rights. Expats and foreign nationals can also enjoy property ownership rights in Dubai by buying freehold properties for sale. Owning a property in Dubai is no less than a blessing. It also allows investors to focus on their businesses without worrying about rental payments.

Residency Visa Benefits: Real estate investors can also obtain extended residency permits in Dubai if they meet the minimum required criteria. People who exceed the minimum set threshold can obtain extended residency options like the Dubai Golden Visa.

Safe and Secure City: Dubai is one of the safest and most secure cities in the world. It is a modern city that prioritizes the safety and security of residents and tourists alike. People who seek a comfortable, tranquil and secure lifestyle should choose Dubai for their living.

Understanding Of Dubai’s Real Estate Laws:

It is essential to know about local real estate laws before making any purchase. There are two types of properties in Dubai: freehold property and leasehold property. As a US citizen, you can purchase and own freehold properties for sale in Dubai. Leasehold properties offer limited control to lessees. Furthermore, foreign investors must know about legal requirements like property registration, escrow account, fees involved and the credibility and reputation of a property developer. Compliance with local rules and regulations leads to smooth and secure real estate transactions.

Understanding the US to Dubai Visa Process

US citizens can benefit from the visa-on-arrival policy. This visa program is applicable to those who aim to stay in Dubai for less than 30 days. A valid visa is required if you intend to stay for a longer term. Professionals can seek a work visa which is issued by a UAE-based employer. Furthermore, investor visas, property ownership visas, dependent visas and student visa options are available for people who come to Dubai for various purposes, including business and study.

Residency Visa Programs For Expats

If you are moving to Dubai from the US, one of your biggest concerns might be whether Dubai offers a residency visa or not. The good news is, it does. Dubai offers several residency visa programs for expats. So if you meet the minimum eligibility criteria then you can obtain a residency visa in Dubai. For example, if you own a property worth AED 750,000 then you can obtain a 3-year renewable residency visa and if you own a property worth AED 2 million then you can get a 10-year long renewable residency visa In Dubai called the Dubai Golden Visa.

Dubai Housing Options for Expats

Dubai offers a variety of living options to foreign investors. As an expat, you can consider both renting or buying real estate in Dubai. Based on your needs and preferences, you can stay in a lavish villa, affordable townhouse, lavish apartment for sale and futuristic mansions. If you are thinking of buying property then you must consider freehold properties for sale in Dubai. In addition to that, expats can also choose to buy off-plan real estate in Dubai to capitalize on capital appreciation.

Best Neighborhoods in Dubai for Expats

Dubai Marina

Deemed one of the most sought-after communities in Dubai, Dubai Marina is a freehold development that boasts skyscrapers and luxury hotels. This community offers luxury living spaces such as apartments and penthouses and also allows residents to enjoy breathtaking views. Its strategic location, high-end facilities and amenities, perfect living ambiance and exceptional ROI make it a decent consideration for real estate investment for US nationals.

The average rental value of a studio apartment in Dubai Marina is AED 76,000 and that of a 1-bed is AED 132,000. The cost of a studio apartment in this community is AED 1,190,000 and that of a 1-bed is AED 2,160,500. Studio apartment investment in Dubai Marina can generate 5. 83% and investing in a 1-bed apartment can produce 13.69% ROI.

Downtown Dubai

Home to the world’s largest building – the Burj Khalifa, Downtown Dubai by Emaar Properties is a popular neighborhood in Dubai. Located along Sheikh Zayed Road (E11), this community is also located near other notable areas such as DIFC and Business Bay. Downtown Dubai is also considered a top choice for foreign real estate investors because it aligns with the needs and interests of investors.

The average annual value of a studio apartment in Downtown Dubai is AED 83,000 and the rental value of a single bed is AED 171,500. The average rental value of a 1-bed villa is AED 125,000. The cost of a studio in this neighborhood is AED 1,763,000 and the cost of a one-bed villa is AED 5,300,000. The average ROI in Downtown Dubai is 5.5%.

Dubai Hills Estate

Dubai Hills Estate is the first phase of MBR City. It is a gated community that features luxury living spaces, including villas, apartments and townhouses for sale in Dubai. Laced with high-end facilities and amenities, this freehold community is aimed at offering a perfect living ambiance, enabling residents to experience the utmost comfort and elegance.

The average annual rental value of a studio apartment in Dubai Hills is AED 81,000 and that of a 1 and 2-bed is AED 102,000 and AED 146,000. The average annual rental value of a 1-bed villa is AED 105,000 and that of a 2-bed is AED 130,000. The price of a studio apartment is AED 1,108,000 and the cost of a 1-bed villa is AED 1,400,000. Property investors can generate roughly 7% ROI from their real estate investments in Dubai Hills Estate. 

Business Bay

Business Bay is a mixed-use freehold development in Dubai. This community comes with both residential and commercial properties for sale in Dubai. It is a place that extends both living and working spaces, allowing investors to find living spaces near their businesses or workplaces. US nationals can also consider buying properties in Business Bay to live a magnificent lifestyle.

The average annual value of a studio apartment in Business Bay is AED 91,500 and that of a 1-bed is AED 139,500. The sale price of a studio in Business Bay is AED 1,076,500 and the price of a 1-bed is AED 2,319,000. Real estate investors can typically generate over 10% ROI by investing in apartments in Business Bay.

The Bottom Line:

Dubai’s booming real estate market, investor-friendly policies, tax benefits, low crime rates, and quality lifestyle make Dubai an attractive destination for US citizens who intend to relocate. Considering the strategic location and other offerings, Dubai is one of the best living and business destinations in the world. If you are moving to Dubai from the US then you should have know-how about local property rules and regulations to make profitable investment decisions and avoid unnecessary problems. You also need to learn about the legal framework, residency visa options and top investment areas to capitalize on Dubai’s real estate market.

Get Expert Assistance In Buying Property In Dubai! Contact Us Today!

Kelt and Co Realty is a prominent real estate agency in Dubai. This property company comes with profitable investment opportunities, facilitating both local and foreign real estate investors. No matter whether you aim to purchase a residential property for living a perfect life in Dubai or a commercial unit to start or expand your business then let us find the most suitable investment option for you because we believe in delivering tailor-made real estate investment solutions.