Buyer’s Guide


Do your research

Buying a home is a considerable step in everyone's life. Educate yourself about the process and determine what kind of home are you looking for. Are you an investor or an end-user? Are you planning to live in it or rent it out? How much is your budget? You need to identify why are you purchasing in the first place. This will help you choose what type of market and where you are going to invest.

Choose a property

From villas, apartments, and townhouses, Dubai offers a variety of locations to choose from based on what you need. Check out our properties available. Another thing to consider is your purchase timeframe when selecting a property.

Find a broker

Work with an agent who can understand your goals and needs. It’s important to choose with RERA approved brokers like ours. Since you are already here on our website, why not hire us?

Sign an Agreement

Once you’ve decided, you need to sign an agreement with your broker to represent you in the upcoming purchase. Your agent will discuss any concerns and requirements that are necessary to be prepared, including a checklist for your forthcoming move-in.

Offer and Payment

Be ready to make an offer once you have chosen the property that you like. Additionally, you need to prepare the following fees that need to be settled:

  • Booking Fee (5% to 25%, depending on the property and developer
  • Registration Fee in DLD (4%)
  • Service Fee

In some cases, if you're planning to pay by a mortgage, your bank needs to carry out a valuation to inspect the property and ensure that it is secured.

Transfer and Handover

If you purchased an off-plan property, the developer would handle the transfer of the deed. You just need to keep on paying the property until the construction is complete and wait for the handover process. However, if you purchased a ready property, you need to sign a Memorandum of Agreement (MOU) and get the No Objection Certificate (NOC) from the seller to complete the transfer.

Move-in Day

After completing the said steps, you will receive a title deed under your name, keys, or access card to your new property. You can start moving into the house or choose our Property Management services to rent out your unit and generate constant revenue.

Do your research

Educate yourself about the process.

FAQs

1. Who can purchase real estate in Dubai?

Any nationalities above 21 years old, whether based overseas or a resident of Dubai, can own a property in Dubai.

2. What is the difference between ready and off-plan property?
Advantages
Ready Property
Immediate return of investment
Can move or rent out immediately
Less risk – completed
You get to see what you paid for
Off-Plan Property
Lower purchase price
Higher capital appreciation
Attractive and flexible payment plan
Lower upfront cost
Disadvantages
Higher purchase prices
Must pay all upfront – less flexibility
Lower capital appreciation
Pre-owned property
No immediate return on investment
Cannot move in or rent out immediately
Risks related to delays, plan cancellations or poor finish
Potential market changes and declines
Advantages Ready Property Off-Plan Property
Immediate return of investment Lower purchase price
Can move or rent out immediately Higher capital appreciation
Less risk – completed Attractive and flexible payment plan
You get to see what you paid for Lower upfront cost
Disadvantages Higher purchase prices No immediate return on investment
Must pay all upfront – less flexibility Cannot move in or rent out immediately
Lower capital appreciation Risks related to delays, plan cancellations or poor finish
Pre-owned property Potential market changes and declines
3. What documents do you need to prepare?

Individual:

  • Passport Copy
  • Signed Buyer’s Agreement known as Form B

Company:

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Board Resolution
  • Power of Attorney
  • Signed Buyer’s Agreement known as Form B

Foreign Company:

  • All the above documents must be attested by the UAE Embassy
  • Signed Buyer’s Agreement known as Form B