How to buy property in Dubai from Kuwait
May 8, 2025, 9:00:22 PM | Guide
How to Buy Property in Dubai from Kuwait: The Complete 2025 Guide
Dubai's real estate market continues to attract Kuwaiti investors with its tax-free returns, high rental yields, and stable economy. If you're considering buying property in Dubai from Kuwait, this guide covers everything from legal requirements to financing options—helping you make a secure and profitable investment.
Why Kuwaiti Investors Choose Dubai Real Estate
- Tax-Free Investment – No property, capital gains, or rental income taxes
- Strong KWD to AED Exchange Rate (1 KWD ≈ 12 AED)
- High Rental Yields (6-9% in prime areas)
- Golden Visa Option – Properties over 750K AED qualify for residency
- Stable Market – Prices grew by 5.3% in Q1 2025 (DLD Report)
Step 1: Legal Requirements for Kuwaiti Buyers
Can Kuwaitis Buy Property in Dubai?
Yes! Kuwaiti nationals can purchase:
- Freehold properties in designated areas like:
- Dubai Marina
- Downtown Dubai
- Palm Jumeirah
- Leasehold properties (up to 99 years)
Required Documents
- Valid Kuwaiti passport
- Civil ID copy
- Proof of funds (bank statements)
- Power of Attorney (if buying remotely)
Step 2: Financing Options from Kuwait
Option 1: Cash Purchase
- Best for avoiding interest payments
- Some developers offer 5-10% discounts for cash buyers
Option 2: Dubai Mortgage
- Kuwaiti nationals can get up to 75% financing
- Interest rates: 4.5-6%
- Required documents:
- 6 months bank statements
- Salary certificate
- Kuwait credit report
Option 3: Kuwaiti Bank Financing
- Some Kuwaiti banks offer loans for Dubai properties
- Typically require 30-40% down payment
2025 Update: New Islamic financing options available through Dubai Islamic Bank
Step 3: Choosing the Right Property
Best Areas for Kuwaiti Investors
Area | Property Type | Price Range (2025) | Rental Yield |
Downtown Dubai | Luxury Apartments | 2M - 8M AED | 5-6% |
Dubai Hills | Villas | 3M - 12M AED | 6-7% |
Jumeirah Village Circle | Affordable Homes | 800K - 2M AED | 7-9% |
Tip: Many Kuwaiti investors prefer waterfront properties in Dubai Marina and Palm Jumeirah.
Step 4: Money Transfer Process from Kuwait
How to Send Funds
- Bank Transfer – Through KNET or direct SWIFT
- Exchange Houses – Better rates than banks
- Developer Installments – Pay directly in AED
Important: Keep all transfer receipts for DLD registration
Step 5: Working with Real Estate Agents
Finding a Reliable Agent
✔ Look for RERA-certified professionals
✔ Check client testimonials from Kuwaiti buyers
✔ Confirm they understand Kuwaiti investment preferences
Red Flags:
❌ Pressure to make quick decisions
❌ Unwillingness to share contract details
Step 6: Registration & Ownership Transfer
- Reserve Property (10% deposit)
- Sign Sales Agreement
- Register with DLD (4% fee)
- Transfer Utilities
Processing Time: 3-4 weeks
Tax Considerations
In Dubai:
- No property taxes
- No capital gains tax
In Kuwait:
- Must declare foreign property
- Rental income taxable if remitted to Kuwait
Advice: Consult a Kuwaiti tax advisor before purchasing