Attention: Property Owners in Dubai

Get your property sold faster at a better price with lesser hassles

Being a full service real agency in Dubai, UAE since over a decade, we pride in being known as reliable property advisors to thousands of clients from across the world.

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Our expert advice and insider tips will help you navigate the housing market and reach a fair selling price. The purpose of this stage is to agree upon a no-nonsense selling price studying the comps & the current transactional value for similar property in Dubai Land Department System.

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Get a streamlined property selling experience without any hassles with photographs, write-ups and unlimited viewings included as part of our service promise to you at no additional costs.

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Use the power of online marketing to sell 17% faster than with the average estate agent. Your property adverts can be listed on Property Portals, Social Media, Search Engines , and everywhere else buyers look.

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Guide to Selling Your Property in Dubai, UAE

Selling a property in Dubai, UAE involves a series of steps that need to be carefully navigated to ensure a smooth and successful transaction. Here’s a guide to help you through the process:

Documentation:

- Gather all relevant property documents, including title deed, passport copies, and any relevant permits.
- Ensure that your property is compliant with local regulations.

Valuation:

- Get a professional property valuation to determine the market value of your property.

Repairs and Staging:

- Make necessary repairs and improvements to enhance the property's appeal.
- Consider staging the property to make it more attractive to potential buyers.

Appoint a Real Estate Agent:

Engage a reputable real estate agent or brokerage to help you market and sell your property. They can provide valuable insights into the market, handle negotiations, and guide you through the legal process.

Market Your Property:

Photography and Listings:

- Have professional photographs taken to showcase your property.
- List your property on popular real estate platforms and in local newspapers.

Online Presence:

Leverage social media and other online platforms to increase visibility.

Negotiation:

Be prepared for negotiations. Your real estate agent can play a crucial role in this process, helping you secure the best possible deal.

Sale Agreement:

Once you and the buyer reach an agreement, a Memorandum of Understanding (MoU) or Sale Agreement is drafted. This document outlines the terms and conditions of the sale.

Deposit:

The buyer typically pays a deposit, usually 10% of the property’s value, upon signing the Sale Agreement.

Transfer of Ownership:

No Objection Certificate (NOC):

- Obtain a NOC from the developer if your property is in a gated community or part of a strata.

Finalize Payments:

- Ensure all outstanding payments, such as service charges, are settled.

Transfer Fees:

- Pay the Dubai Land Department transfer fees.

Property Handover:

- Hand over keys, access cards, and any relevant documents to the buyer.

Post-Sale Formalities:

Cancel utilities and services tied to the property, such as DEWA (Dubai Electricity and Water Authority) and homeowners association services.

Capital Gains Tax:

Be aware of any tax implications related to capital gains. As of my last knowledge update in January 2022, Dubai did not have capital gains tax, but it’s essential to check for any changes in tax regulations.

Legal Assistance:

Consider hiring a legal professional to ensure all aspects of the sale adhere to local laws and regulations.
Remember to stay informed about any changes in real estate laws and regulations in Dubai, as these may impact the selling process. It’s advisable to consult with professionals at each stage to make the process smoother and minimize potential issues.

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