Invest in Dubai from Ireland
Buy a property in Dubai without leaving Dublin, Cork or Galway. We explain how much it is in euros, how to send the money and what to declare to Revenue.
Diversify beyond the euro
For an Irish investor, Dubai adds more than yield: a property asset in a dollar-pegged currency, in a regulated market with fast-growing demand.
The euro against the dollar, at three moments
US dollars per euro. The euro-dollar rate moves a lot too.
2014
in 2022
of 2025
Source: European Central Bank. Investing in dirhams means holding part of your wealth in dollars: if the euro strengthens, as in 2025, your investment is worth a little less in euros, and vice versa. Diversifying doesn’t remove currency risk, it spreads it.
Strong currency
The dirham is pegged to the US dollar. Your property and your rent don’t depend only on the euro.
Rent in dirhams
Rent is paid in AED. Dubai’s median gross rental yield was 7% in 2025.
Regulated market
Official registration with the DLD, escrow accounts and regulated agencies. See safe purchase
Residency for your family
From AED 2,000,000 you can apply for the 10-year Golden Visa for you and your family.
How much is it in euros?
Type the price in dirhams and we convert it into euros at today’s rate. We include the 4% DLD fee so you see the real number.
In US dollars:
Indicative market rate, updated automatically. The actual rate is set by your bank or provider on the day of the transfer, with its fees.
From your Irish account to the escrow account
The money never goes through us: it goes from your bank to the project’s escrow account, in the project’s name, as stated in your contract.
Reservation and contract
You choose the property and receive the reservation form and the sale contract (SPA) with the project’s escrow account details.
Your Irish bank
You make an international transfer (SWIFT, not SEPA) in euros, dollars or dirhams from your online banking.
Source of funds
Your bank may ask you to show where the money comes from and the purpose of the transfer. Keep the contract and receipts for your tax return.
Confirmation
The developer confirms and records the payment. You get your receipts and, once registered, your Oqood certificate from the DLD.
What you need to know for Revenue
There is no personal income tax in the UAE, but if you are Irish tax resident you have obligations at home. These are the main ones, in general terms.
You declare your Dubai rent
Irish residents are taxed on worldwide income. Rent from your Dubai property is declared as foreign rental income on Form 11, at your marginal rates plus USC and PRSI.
Capital Gains Tax
If you sell at a profit, the gain is subject to Irish CGT at 33%.
Report them
If you open a bank account in the UAE, you must declare it in your tax return, as with any foreign account.
Ireland–UAE treaty
Ireland and the UAE have a double tax treaty in force. Ask your adviser how it applies to your case.
If one day you want to see it
You don’t need to travel to buy. If you want to visit the city or your property, here’s what to know.
Visa on arrival
Irish citizens get a 30-day visit visa on arrival, which can be extended. Your passport must be valid for at least 6 months.
About 7.5 hours
There are direct flights from Dublin, and many options with one stop from Cork and Shannon.
We’ll show you around
If you come, we organise visits to projects and neighbourhoods. If not, we send you videos and set up video calls.
Entry requirements can change. Before travelling, check the Department of Foreign Affairs travel advice and confirm requirements with your airline.
What Irish investors ask us most
If you have another question, message us on WhatsApp and we’ll answer right away.
Can I buy in Dubai as an Irish citizen?
Yes. In freehold areas any nationality can buy outright, with the property registered in your name with the DLD.
Do I need to travel to buy?
No. Reservation, contract, payments and registration are all done remotely. Only residency procedures need you there in person.
Can I pay in euros?
Yes. You can transfer in euros and the bank converts it into dirhams, but compare the exchange rate and fees before sending.
Can I finance the purchase?
Many off-plan projects have interest-free developer payment plans. Some UAE banks also lend to non-residents, usually with a larger down payment.
How much do I need to start?
It depends on the project. Off-plan usually starts with a 10–20% deposit plus the 4% DLD fee, and the rest is paid in stages.
Who manages the rental?
We do. We manage long-term or holiday rentals and send you the rent.