Home : Customer Center : FAQs : General Questions : Do I need a bank account to buy a property in Dubai?

Create PDF Print

Do I need a bank account to buy a property in Dubai?

Answer

To buy a property in Dubai, buyers do not need a local bank account. The services of a local solicitor can be employed, who can then receive your transferred funds into a dedicated client account. The solicitor can then arrange for all payments to be made to purchase the property. In fact, if you assign your solicitor as power of attorney, it is not even necessary for you to be present at the time of property transfer. This can make the buying process quite simple for overseas purchasers.

Tags for this item