Can an Overseas Company Buy Property in Dubai?

 A common question among international investors is: can an overseas company buy property in Dubai? The short answer is yes—but with specific guidelines and limitations that must be understood to ensure a smooth investment process. Dubai welcomes foreign investment and offers opportunities for both individuals and corporate entities to invest in its booming real estate sector.

1. Freehold Zones for Foreign Ownership

Foreign companies can buy property in designated freehold areas of Dubai. These areas include popular locations such as Downtown Dubai, Dubai Marina, Palm Jumeirah, Business Bay, Jumeirah Lakes Towers (JLT), and Dubai Hills Estate, among others. If you're asking can an overseas company buy property in Dubai, it’s important to know that such purchases are only allowed in these freehold zones and not in restricted areas where only UAE nationals or GCC citizens can own property.

2. Company Structure and Jurisdiction Matters

Whether or not your overseas company can own property in Dubai also depends on where the company is incorporated. Not all foreign company structures are permitted to own property directly. As per current Dubai Land Department (DLD) regulations, foreign entities must either:

  • Be registered in a jurisdiction that is approved by the DLD, or

  • Set up a subsidiary or branch within an approved free zone in Dubai, such as the Dubai Multi Commodities Centre (DMCC) or Jebel Ali Free Zone Authority (JAFZA).

So, when asking can an overseas company buy property in Dubai, the company’s jurisdiction and legal structure play a critical role.

3. Documents and Legal Process

The process involves submitting company documents such as:

  • Certificate of Incorporation

  • Memorandum and Articles of Association

  • Board Resolution approving the property purchase

  • Power of Attorney (if applicable)

These documents must be notarized and legalized, often through the UAE embassy in the company’s home country, and translated into Arabic.

4. Tax and Ownership Benefits

Dubai does not levy property taxes or capital gains tax, making it a highly attractive destination for foreign companies looking to invest. Additionally, owning property through a company can offer asset protection, succession planning, and business advantages.

Final Thoughts

So, can an overseas company buy property in Dubai? Yes—but it requires navigating specific legal frameworks and registering with the right entities. With the correct setup and guidance, buying property in Dubai through a foreign company is not only possible but also potentially rewarding for international investors.

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