In UAE, only UAE nationals, GCC nationals or companies/ entries owned by such nationals can acquire real estate property. When it comes to ex-pats, the property can be acquired only in designated areas in a given emirate. For instance, in Dubai, the designated areas include, amongst others, Business Bay, Burj Khalifa, Palm Jumeirah, Emirates Hill, Jumeriah Islands, Dubai Marina etc. Despite these limitations, the UAE real estate market is one of the most coveted markets in the world, especially… Continue