How to Buy Stocks in UAE for Foreign Investors: ADX, DFM, and Nasdaq Dubai Guide

Last Updated: 10 July 2026

Table of Contents

• General Information About UAE Stock Exchanges
• Required Documents and Conditions for Foreign Investors
• Steps to Buy Stocks on UAE Exchanges
• ADX, DFM & Nasdaq Dubai Foreign Ownership Rules
• Investing via Residency
• Establishing a Company in Dubai to Invest
• Taxation and Expense Rates

Infographic: Buying Stocks on UAE Exchanges

General Information About the UAE Stock Exchanges

The United Arab Emirates hosts one of the most liquid and institutionally advanced capital markets in the Gulf region. Three complementary exchanges operate in the country: the Abu Dhabi Securities Exchange (ADX), the Dubai Financial Market (DFM) and the internationally focused Nasdaq Dubai. Together they offer a broad range of instruments — equities, sukuk, bonds, ETFs and derivatives — providing accessible ground for both retail and institutional foreign investors. Tax advantages, a strong regulatory framework and a Dirham that integrates smoothly with the US dollar make these markets among the most attractive alternatives in the region.

What is DFM (Dubai Financial Market)?

Based in Dubai, DFM conducts much of its activity in line with Islamic finance (Sharia-compliant) principles. The shares of flagship national companies such as Emaar Properties, Emirates NBD and du are traded here. The exchange is fully open to foreign investors, although company-specific Foreign Ownership Limits may apply to certain stocks. With its mobile app and digital onboarding, DFM also makes remote investing straightforward.

ADX (Abu Dhabi Securities Exchange) Features

Headquartered in Abu Dhabi, ADX lists large-cap companies concentrated in energy, banking, telecommunications and industry. Giants such as ADNOC-group companies and First Abu Dhabi Bank (FAB) trade here. Following recent reforms, many stocks have been opened to foreign investors at high levels, in some cases up to 100%. With regulations aimed at improving market efficiency, ADX is one of the fastest-growing exchanges in the region.

Nasdaq Dubai: Opportunities for International Investors

Nasdaq Dubai is an international exchange that brings together the securities of both local and international companies and allows USD-denominated trading. As one of the world's leading centres for sukuk (Islamic bond) issuance, the platform attracts investors from markets such as London, Riyadh and Mumbai. Thanks to its global reach, it is the preferred choice of institutional investors and individuals seeking international portfolio diversification.

Required Documents and Conditions for Foreign Investors

The first step to trading on UAE exchanges is completing the identity verification (KYC) process and obtaining a National Investor Number. Because the process is largely digital, most investors can complete their applications without physically travelling to the country.

How to Obtain a National Investor Number (NIN)

Before you begin investing, you must obtain a National Investor Number (NIN) through the Dubai CSD for Dubai and the ADX CSD (clearing and depository) for Abu Dhabi. The application generally requires a passport, contact details and, in some cases, proof of address. It can usually be completed online, with approval typically granted within a few business days. The NIN is the investor's unique identity on that exchange, and all transactions are linked to it.

Passport, Residence and Other Documents

Foreign investors are typically asked for a valid passport and, at times, proof of address (a bank statement or utility bill). Residency in the UAE is not mandatory; however, for investors who hold a UAE residence visa, the account-opening process is faster and requires fewer documents.

Which Country's Citizens Can Invest?

The UAE is open to investors of most nationalities without discrimination. That said, restrictions may apply to investors from certain high-risk countries under international sanctions. For example, US citizens may face difficulty with some local brokers due to FATCA compliance, in which case international brokers are preferred.