What do I need to know when buying property in UAE?
When we asked expats what advice they would give a foreigner before buying a property in UAE, they said...
"Be careful of the planned purchases. I know several people who lost hundreds of thousands of dollars because they invested inthe plan and the developer went under. They did not give any money back. No lawyers can help. However, the risk is you get the property for way cheaper. Do the research on the developer and ensure they are on the up an up. Otherwise, purchase as is and enjoy," explained one expat living in Dubai, UAE.
"Be very careful who you putchase from. Be aware and well versed in the UAE laws and be very careful if choosing to buy prooerty off plan," said another in Dubai, UAE.
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Other Questions:
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- Where should I setup a bank account in the UAE?
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- Is there a lot of diversity? Are people in the UAE accepting of differences?
- What are the schools in the UAE like?
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- What are medical services in the UAE like?
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- Are common prescription medications available in the UAE?
- How are local medical facilities in the UAE?
- As a foreigner living in the UAE, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in UAE?
If you live in the UAE, newcomers to the UAE would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of InternationalTravel.ai and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and InternationalTravel.ai, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.