How to buy property in Dubai from Kuwait

How to buy property in Dubai from Kuwait
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:

  1. Dubai Marina
  2. Downtown Dubai
  3. 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:

  1. 6 months bank statements
  2. Salary certificate
  3. 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
  1. Bank Transfer – Through KNET or direct SWIFT
  2. Exchange Houses – Better rates than banks
  3. 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