Every Binghatti Project in Dubai —
Priced in USD. Closed from the USA.

Yes. Dubai allows foreign nationals (including US citizens) to own freehold property in designated "freehold zones" — which includes all current Binghatti projects (Al Jaddaf, Business Bay, JVC, MBR City, Downtown, Science Park). You receive a title deed registered with the Dubai Land Department, just like a US deed. There's no UAE residency requirement to own.

No. We've closed 60+ transactions for US investors who never set foot in Dubai during the process. You sign a Power of Attorney with a US notary (or a notary we connect you with), apostille it, and we handle every step in Dubai on your behalf. You typically visit only after handover — for property inspection or to enjoy your new home.

If you (a) own foreign financial accounts totaling $10K+ at any point in a year, you file FinCEN Form 114 (FBAR). If your foreign assets exceed $50K (single) or $100K (married filing jointly), you also file IRS Form 8938 (FATCA). Buying Dubai property typically requires you to open a UAE bank account for rental income — which triggers both. We guide you through both filings and can refer you to a US-Dubai cross-border CPA if needed. It's paperwork, not a tax — there's no double taxation.

After handover, we list your unit on Bayut and Property Finder, screen tenants, and collect rent in AED into a UAE escrow account. We deduct DLD service charges and maintenance, then wire net rental income to your US bank monthly or quarterly (your choice). Each wire generates a foreign-income paper trail you'll declare on your US tax return — but you owe $0 to the UAE on it.

Resale is straightforward. You list with a RERA-registered broker (we can be that broker), accept an offer, and the buyer's deposit goes into a DLD-protected escrow. Title transfers at the DLD; net proceeds wire to your US bank. DLD transfer fee is 4% of sale price, typically split with the buyer. Typical 5-year hold sees 20–30% appreciation in Binghatti units (Bayut data).

Dubai's freehold market is younger (legalized in 2002) and grew rapidly post-2020. New-build supply is high. Studio rentals are tight because young professionals + expat workforce drives demand. The combination of high rental demand + recent supply + no income tax gives unusually high yields. The trade-off: less mature legal precedent than US, language/distance friction, and currency exposure (AED is USD-pegged at 3.67 since 1997 — but a peg is a policy choice, not a guarantee).

No US bank lends against Dubai property. But UAE banks lend to non-resident foreign buyers — typically 50% LTV (you put 50% down, they fund 50%). Common UAE mortgage banks for non-residents: HSBC UAE, Mashreq, ADCB, Emirates NBD. Rates 4.5–6.5% currently. We can introduce you to mortgage officers. Most US investors pay cash for the construction installments (70/30 plan) and then optionally refinance via UAE mortgage at handover to release capital.

Nyla Real Estate is an authorized Binghatti channel partner. We're paid a commission by Binghatti as part of our channel partnership — you pay the developer the same price as if you went direct, with our advisory layer included free. We handle: project selection, USD pricing pack, reservation paperwork, escrow setup, PoA coordination with US notaries, DLD title transfer, FBAR/FATCA guidance referrals, rental setup post-handover. The only out-of-pocket costs to you are: developer price, 4% DLD fee, ~$1K legal/admin, and ~$80 US notary fee.

The signature towers ($1.5M+) are co-branded with global luxury brands and built to premium spec — custom interiors, exclusive amenities, brand-licensed design elements. They appreciate more aggressively (Burj Binghatti pre-launch units appreciated 40% in 2024) but yield less (~5.5% vs 8%+) because absolute prices are higher. They're for buyers who want a trophy asset, not maximum cash flow. The standard inventory (Cullinan, Ghost, Aquarise, Skyrise) yields better and has lower entry tickets — better for first-time international investors and cash-flow-focused buyers.