How to Open a Bank Account in Dubai as a Foreigner (2025 Guide)

Dubai, known for its booming economy and global appeal, welcomes foreigners who want to live, work, or invest in the UAE. One important step in settling or doing business here is opening a bank account. This guide explains how foreigners—both residents and non-residents—can open a bank account in Dubai in 2025.

🏦 Can Foreigners Open a Bank Account in Dubai?

Yes, both residents (with a valid residence visa) and non-residents (without a visa) can open bank accounts in Dubai, but the type of account and features will vary.

🛂 1. Bank Account for Residents

If you live and work in Dubai and hold a valid UAE residence visa, you are eligible to open a current or savings account with full features.

✅ Requirements:

• Passport (original and copy)

• Valid UAE residence visa

• Emirates ID (or Emirates ID registration form)

• Salary certificate (or employment contract)

• Utility bill or tenancy contract (for address verification)

• Bank reference (some banks may request this)

🏦 Top Banks to Consider:

• Emirates NBD

• Mashreq Bank

• ADCB (Abu Dhabi Commercial Bank)

• RAKBANK

• First Abu Dhabi Bank (FAB)

🕒 Timeline:

Usually 1–2 working days after submission of documents.

🌍 2. Bank Account for Non-Residents

If you’re a non-resident—such as an investor or frequent visitor—you can still open a savings or investment account, but with limited features (e.g., no check book, lower transaction limits).

✅ Requirements:

• Passport with UAE entry stamp

• Proof of address in home country (utility bill, etc.)

• Recent bank statement (from your home country)

• CV or proof of income/employment/business

• Minimum deposit (varies by bank: AED 25,000–100,000+)

🔒 Note: Non-resident accounts are subject to stricter scrutiny and require in-person visits.

💰 Minimum Balance Requirement

Banks in the UAE often require maintaining a minimum balance between AED 3,000–25,000. Failure to maintain this may result in monthly penalties.

📲 Can I Open a Bank Account Online?

Some banks offer partial online application processes, but final verification must be done in person. Use the bank’s official website or app to start the process and book appointments.

💳 What Type of Account Should You Open?

📌 Important Tips:

• Research bank charges: Check monthly fees, ATM limits, and withdrawal charges.

• Choose a bank near you: Convenience matters for deposits, service, and ATMs.

• Ensure legal source of funds: Banks will ask for proof of income or business.

• Maintain required balance: To avoid penalties.

🗂️ Documents Checklist Summary:

🔚 Final Word

Opening a bank account in Dubai as a foreigner is relatively straightforward, especially if you’re a resident. Even if you’re a non-resident, many banks offer dedicated expat services to make the process smoother.

Plan ahead, choose the right bank, and prepare all required documents to avoid delays and enjoy full access to Dubai’s world-class financial system.