Dubai · Community Guide
DIFC
Living in DIFC
Dubai International Financial Centre (DIFC) is one of Dubai’s most prominent business and lifestyle districts, located in the heart of the city. It is a leading financial hub surrounded by premium commercial towers, luxury residences, hotels, art galleries, restaurants and high-end retail destinations. The district offers a sophisticated urban lifestyle, with a mix of modern high-rise apartments, branded residences and luxury developments. DIFC is particularly known for its vibrant dining and cultural scene, including Gate Village, art galleries and internationally recognised restaurants. Strategically positioned between Downtown Dubai and Sheikh Zayed Road, DIFC provides excellent connectivity to major business and lifestyle destinations, with easy access to the Dubai Metro and Dubai International Airport. DIFC combines business, luxury living, culture and entertainment in one of Dubai’s most prestigious and centrally located urban districts.
Market snapshot
- Average price
- AED 1.3M
- Gross rental yield
- 8%
- Emirate
- Dubai
Location
Common questions
Can foreigners buy property in Dubai?+
Yes. Non-residents and foreign nationals can buy freehold property in designated areas such as Downtown Dubai, Dubai Marina, Palm Jumeirah and most new master communities, with full ownership rights.
What fees do I pay when buying?+
Budget roughly 7–8% on top of the purchase price: 4% DLD transfer fee, about 2% agency commission plus VAT, trustee office fees, and mortgage registration of 0.25% if financing.
What is the minimum down payment for a mortgage?+
UAE residents typically need 20% down for properties under AED 5 million (30% above). Non-residents are usually asked for 40% or more, depending on the bank.
Can I get a mortgage as a non-resident?+
Yes, several UAE banks lend to non-residents, generally up to 50–60% of the property value with streamlined income documentation.
What does off-plan mean?+
Off-plan property is bought directly from a developer before construction is complete, usually on a staged payment plan linked to construction milestones and secured through a DLD-regulated escrow account.