DUBAI HOUSEM A R K E T

Canal & skyline residences

Business Bay

Business Bay extends Downtown southward along the Dubai Canal — a high-rise district that pairs office towers with residential, hospitality, and the Bay Avenue retail strip. Canal-side launches typically trade at a 20% premium to interior plots; transit links via the metro and tram round it out.

Residences here
2

Residences in Business Bay

Or talk to an advisor directlyWhatsApp Telegram
Investing in {name}

What to research before buying in Business Bay.

Can foreigners buy property in Dubai?
Yes. Since 2002, non-UAE nationals can buy 100% freehold property in designated zones across Dubai, with full ownership rights, no nationality restrictions, and no requirement to be physically present in the UAE for the purchase.
Read answer
Are Dubai off-plan property investments safe?
Yes, when bought from a RERA-licensed developer through proper channels. All off-plan funds in Dubai must be held in escrow accounts supervised by the Real Estate Regulatory Agency (RERA); developers can only draw against verified construction milestones. Combined with the major developers' track records since 2002, this makes Dubai one of the most regulated off-plan markets globally.
Read answer
Freehold vs leasehold in Dubai, what's the difference?
Freehold means perpetual, inheritable, transferable ownership of both the unit and a share of the land, the standard for premium Dubai property and the only structure available to foreign buyers. Leasehold means a long-term lease (typically 30–99 years) of an asset whose underlying ownership remains with the original developer or the government. Foreigners can only buy freehold in designated zones.
Read answer
What taxes apply to Dubai property?
In Dubai, there is no annual property tax, no capital gains tax, no inheritance tax, and no personal income tax on rental yield. The only direct property-related taxes are a one-time 4% Dubai Land Department transfer fee at purchase and a 5% VAT on commercial property (residential is VAT-exempt). However, residents of other countries remain liable for their home tax regime on Dubai-derived income.
Read answer
How is Dubai property inherited, and why do foreigners register a DIFC Will?
Without a registered will, Dubai courts default to UAE Sharia succession rules even for non-Muslim foreigners, which rarely matches a Western estate plan. A DIFC Wills Service Centre will (AED 10,000–15,000) lets you elect your home-country distribution and name guardians for minors, with the Dubai courts enforcing it directly.
Read answer
Telegram
Chat on WhatsAppReply within 5 min