How to buy property in Dubai from Canada: A guide for investors
If you’re a Canadian investor looking to buy property in Dubai, you’re considering one of the most lucrative real estate markets in the world. Dubai’s real estate sector has long been a hotspot for international investors, offering a dynamic market with high returns and no property taxes. For Canadians, it presents an exceptional opportunity to diversify their portfolios and benefit from one of the most exciting property markets globally.
But how do you buy real estate in Dubai from Canada? In this guide we explain the process, market trends, and everything you need to know to make a smart investment.
Related: Dubai off-plan property: 9 smarter moves every overseas investor should know
What makes Dubai real estate so attractive?
Dubai is not just a city of spectacular skylines and luxury living, it’s a thriving global business hub with a property market that attracts investors worldwide. Its unique offerings such as high rental yields, tax-free incentives, and a robust legal framework for property ownership, make it a prime destination for Canadian buyers.
The property sector in Dubai has grown exponentially over the years, and 2026 is set to be another year of strong growth. The city’s strategic location between Europe, Asia, and Africa, along with its business-friendly environment, makes it a highly desirable market for foreign buyers. Whether you're looking for residential apartments for sale in Dubai or commercial real estate for long-term investment, this city offers immense potential.
Why should Canadians invest in Dubai real estate?
When it comes to investing in real estate, Dubai stands out for several reasons that attract Canadian investors:
- High rental yield: Dubai offers some of the highest rental yields globally, with average returns between 5% and 8% depending on the location. In comparison to other major global markets, this is quite a competitive rate, making Dubai an attractive option for anyone looking to generate rental income.
- Tax free: One of the most significant advantages of investing in Dubai real estate is the absence of taxes. There are no capital gains taxes, no income taxes, and no property taxes. This tax-free environment allows investors to keep a larger share of their earnings compared to other markets with heavy taxation.
- Stable and growing market: The Dubai real estate market has proven its resilience, even during global economic downturns. With major infrastructure projects and strategic initiatives such as Dubai Vision 2040, the city continues to expand, making it a long-term investment hub. As a Canadian, this provides an opportunity for both capital appreciation and solid rental returns.
- Golden visa and residency: Through the introduction of the UAE Golden Visa, investors can gain long-term residency options, which is an added benefit for those looking to spend more time in the country or eventually relocate.
Related: Cost of living in Dubai: everything you need to know
Dubai real estate trends
The property market in Dubai is poised for continued growth in 2026. Here are the key trends that investors should pay attention to:
Luxury market growth: Dubai’s luxury real estate market continues to thrive, with high demand for properties in areas such as Palm Jumeirah, Downtown Dubai, and Dubai Marina. Investors looking to buy high-end apartments for sale in Dubai can expect continued demand and potential for substantial returns.
Sustainability in development: Developers in Dubai are increasingly focusing on sustainable projects and incorporating smart technologies into new buildings. If you're considering investing in environmentally conscious properties, this trend is something to watch closely.
Increasing property supply: Dubai's residential property market has experienced a significant increase in supply in 2025, with approximately 41,000 new units delivered, up from 27,000 in 2024. This surge has provided more choices for investors and has contributed to a more balanced market.
Foreign investment continues to rise: Dubai has long attracted foreign investment, and the trend is only set to continue. Policies that support foreign buyers, such as the ability to fully own property in freehold zones, make Dubai an appealing option for international investors, including Canadians
Can Canadians buy property in Dubai?
Canadians can absolutely buy property in Dubai. The UAE real estate market is open to foreign investors, and the process is relatively straightforward. However, investors must focus on purchasing properties in freehold areas, where foreign ownership is permitted. Popular freehold areas include Downtown Dubai, Dubai Marina, and Palm Jumeirah.
By working with a trusted local real estate agent, you can explore various Dubai properties for sale and find an option that fits your investment goals, whether you’re looking for a high-end apartment or a more affordable rental property.
Related: Why invest in Ras – al – Khaima: UAE’s rising real estate hotspot
Step-by-step process for buying property in Dubai from Canada
Purchasing real estate in Dubai from Canada involves several key steps. Here’s how to get started:
Find a trusted real estate agent: Partnering with a licensed, experienced local real estate agent is the first step in purchasing property in Dubai. An agent who is familiar with the Dubai property market will help you navigate the buying process and find the right property that fits your needs.
Choose the right property: Dubai offers a wide range of properties, from luxury homes to affordable apartments. Popular locations include apartments for sale in Dubai Marina and Downtown Dubai, where demand is high. Your agent will help you decide based on your goals, whether it's long-term investment or a holiday home.
Open a UAE bank account: To finalise the transaction, you’ll need to open a bank account in the UAE. This will be used for transferring funds and completing payments for the property.
Secure financing (optional): If you wish to finance your property, you can secure a mortgage from a bank in Dubai. Many banks offer loans to foreign nationals, typically up to 60-65% of the property’s value for ready properties, and up to 50% for off-plan properties. Canadian investors will need to provide financial documentation to secure the loan.
Sign the sale agreement: Once you’ve selected a property and agreed on terms, a Memorandum of Understanding (MOU) is signed between you and the seller. This document outlines the price, payment plan, and conditions of the sale.
Register the property: The final step is registering your property with the Dubai Land Department. This will legally transfer ownership to you and typically involves a registration fee of around 4% of the property’s value.
Take possession: After registration, the property is officially yours. You’ll receive the keys and can either choose to rent it out or use it as a personal property.
Common pitfalls when buying property in Dubai
While Dubai is a highly attractive market, it’s essential to keep a few things in mind to avoid common pitfalls:
- Additional fees: Along with the purchase price, you'll need to account for transaction fees, including a 4% Dubai Land Department transfer fee, registration costs, mortgage registration fees (if applicable), service charges, and agent commissions. These costs can add up, so it’s crucial to factor them into your investment plan.
- Market volatility: Although the Dubai market is generally stable, it’s important to stay informed of global economic trends, as they can impact property values and rental yields.
- Property management costs: If you’re not planning to live in the property, you’ll need to consider the cost of property management services for maintenance and renting out the property.
The bottom line
Investing in real estate in Dubai from Canada offers a range of exciting opportunities, with potential capital appreciation and strong rental returns in a tax-friendly environment – a perfect environment for long-term growth. With options in up-and-coming neighbourhoods or luxury properties like Palm Jumeirah and Downtown Dubai, the market is full of possibilities.
If you're interested in exploring your options, reach out to Dacha Real Estate today and start your property investment journey in one of the world’s most dynamic cities.
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