Dubai does not levy income tax or capital gains tax, but there are fees such as the Dubai Land Department (DLD) Fee of 4% on the purchase of a property.

Foreigners can purchase freehold property in designated areas. Purchases are usually made by means of a contract of sale, a deposit and registration with the DLD.

The absence of income, capital gains and property taxes makes it an attractive destination. However, certain tax obligations in your country of residence may apply.

Inheritance law in the Emirates is based on Sharia law, unless an investor registers a specific will with the DIFC Wills Service Centre to avoid the automatic application of Sharia law.

Yes, it is possible to buy via an offshore company or a Free Zone Company, which can offer tax advantages and asset protection.

It's essential to check the developer's reputation, use expertly drafted contracts and register the transaction with the DLD.

Local banks offer mortgages to expatriates and foreign investors, with a minimum deposit of 20-50% depending on the profile and type of property.

The 5% VAT rate applies mainly to commercial property and sales of new housing by developers. Resales of residential property are generally not subject to VAT.

You need to analyze location, rental profitability, the developer's solidity, prospects for value enhancement and current regulations.