Dubai attracts many Brazilian buyers because it combines an international market, a strong currency and globally positioned projects. That does not make every unit a sound investment. Before signing, assess ownership, authorised area, acquisition costs, exchange exposure, liquidity and obligations in Brazil.
Can a foreigner buy property in Dubai?
Yes, subject to the applicable structure. Dubai Land Department states that foreigners may own freehold property in designated areas. Confirm the area, the right being acquired and the registration for the exact property; usufruct and long leases are not the same as freehold.
Budget the total cost
The purchase price is only one item. DLD information lists a 4% fee for registering a sale-and-purchase contract, alongside other transaction-dependent fees. Build the budget in AED and BRL, separating price, registration, service charges, financing where applicable, maintenance and a currency reserve.
Exchange is part of the risk
The asset may be priced in AED while part of the buyer’s wealth and expenses remain in BRL. Currency movement can change the result in reais even if the property price barely moves in AED. Use scenarios, not guaranteed-return projections.
Off-plan and Brazil checklist
- Confirm freehold status and official registration.
- Review developer, stage, specifications, payment plan and resale terms.
- Verify project status through official DLD services.
- Plan remittances, asset reporting, rental income and possible capital gains in Brazil with qualified advisers.
Informational content, not legal, tax, exchange or investment advice. Sources: Dubai Land Department and Brazil’s Federal Revenue Service.