Buyer's Guide
A Quick Guide for Dubai Property Buyer’s.
Step by Step Guide
1. Define Your Requirements
Determine the type of property and location that fits your lifestyle and budget.
2. Research the Market
Investigate different areas and property types in Dubai with the help of a real estate agent.
3. Mortgage Pre-Approval
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4. Property Search and Viewing
Work with your agent to select properties and schedule viewings for a closer look.
5. Make an Offer
Once you find the right property, negotiate the price and prepare to pay a down payment.
6. Signing the Agreement
Sign the Memorandum of Understanding (MOU) with a 10% deposit to secure the property.
7. Finalize Financing
Submit required documents to finalize your mortgage and arrange for life insurance.
8. Property Handover
The seller secures a No Objection Certificate (NOC) to clear the property for ownership transfer.
9. Registration and Fees
Cover the 4% registration fee and other costs, then receive the Title Deed in your name.
10. Post-Purchase Considerations
Ensure utilities are connected, and consider property management if it’s an investment.
Hire a Real Estate Professional
A qualified real estate professional can help you navigate the buying process, from property search to the final transfer of ownership, ensuring a smooth and hassle-free experience. They coordinate between you, the seller, the developer, and banks, ensuring all documents are in order to avoid delays.
Get in Touch!
Let’s make your real estate dreams a reality!
