Buying Property in Dubai from India: Remittance, Taxes & Legal Process
Last Updated: February 2026
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Indians remain the top foreign buyers of Dubai real estate. Proximity, cultural ties, and high returns make it a natural choice.
Sending Money: Understanding LRS
The Reserve Bank of India (RBI) allows resident individuals to remit up to $250,000 per financial year under the Liberalised Remittance Scheme (LRS). This money can be used to buy property.
Tax Collected at Source (TCS)
Since Oct 2023, remittances over ₹7 Lakhs attract a 20% TCS.
Note: This is not an extra cost—it is an advance tax that you can claim back when filing your income tax returns in India.
The Process for Indian Buyers
- Selection & MOU.
- Transfer Funds: Send funds from your Indian bank to the Escrow account in Dubai (complying with FEMA).
- Title Deed: Can be issued in your name without visiting Dubai (via Power of Attorney).
Frequently Asked Questions
Can Indians buy property in Dubai?
Yes, purchasing property in Dubai is fully legal for Indian citizens under the RBI's Liberalised Remittance Scheme (LRS).
What is the LRS limit?
Currently, an individual can remit up to USD 250,000 per financial year. A family of four could theoretically pool USD 1 Million.
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