How to buy a property in the United Arab Emirates
The idea of buying a property or being a real estate investor in the United Arab Emirates has recently stopped being restricted to the United Arab Emirates’s tourists and visitors who had always taken the chance to become real estate owners and investors.
United Arab Emirates has become more than that, as it is now the main destination for people who are looking for a safe place to live from around the globe. Or for people who aim to move to cities that are filled with safety, stability, and prosperity.
Consequently, many of them have several inquiries and questions about buying a property in the United Arab Emirates or becoming a real estate investor, such as what are the property's purchase steps, the required papers, etc.
United World, a professional real estate investment and marketing company, puts in your hands the practical ways of how to buy a property in the United Arab Emirates, which starts directly from the moment you contact us.
The Dubai Land Department is the authority responsible for regulating the process of owning real estate in the emirate. It determines who is eligible to buy a property and when the ownership can be transferred to the buyer. It acts as a link between the buyer and the seller.
This helps those wishing to invest in understanding the procedures for buying a property in Dubai, as well as providing them with many services, the most important of which is submitting a request for evaluating real estate of all kinds, whether residential or commercial land, or buying a property in Dubai.
Before buying a property in the United Arab Emirates, the buyer must make sure with the seller that all the papers related to the property are correct and legal. We also advise looking at the original title deed and understanding its details. The buyer can also request from the seller or real estate developer a no-objection certificate confirming to the buyer that the seller or owner has paid all fees due, in addition to not violating anything related to the joint ownership system. Some other important tips include:
The location of the property: Some factors affect the increase in investment returns, such as the closeness of the property to public transportation, services, educational institutions, and others.
View all service facilities in the required property.
Study the area of the property.
Ensuring the quality of the services provided and the expected equipment in the property.
Choosing the most appropriate time to invest according to the real estate market situation.
Take advantage of the best interest rates in the event of borrowing an amount to finance the purchase of the property.
Maintenance and service fees in Dubai imposed by the Land Department.
Communicate with us through our official websites and social media pages on the Internet, or through our offices located in several cities in the world.
You will be accompanied by a professional representative from our company who will keep in touch with you.
Our professional representative will provide you with all the appropriate offers based on the desired image of your new home, including preferred location, price, and specifications.
Meet you from the airport.
An initial meeting at the company's headquarters to explain detailed information about the appropriate projects and offers selected by you.
A visit to the city on an introductory tour with the purpose of introducing the main areas.
Visit the appropriate projects and real estate on the ground.
Assistance in choosing the most appropriate and providing advice according to the experience we have in this field.
Preparing the sales contract and arranging the sale process with the other party when you choose the right property. The sales contract will be clear and written in two languages, depending on the seller and buyer.
Usually, when signing the contract, a deposit must be paid of the total apartment value, stating that the remaining amount is to be paid at the title deed center right before receiving the title deed.
Submit the application for the title deed (Tabu) directly and supervise the process of obtaining an appointment by our specialized staff.
Emirates ID card
Salary transfer certificate if the owner of the organization you work in transfers your salary directly to your account (knowing that the salary is not less than 5000 AED)
Opening a bank account in the UAE for foreigners requires that the applicant hold a residence visa, but the following are excluded from this case;
If the residence visa is on its way to issue
If the workplace company is listed in the bank’s lists
If the applicant is a bank employee
Immediately after signing the sales contract, arrangements will be made with the sworn translator (according to the language you speak) to translate the passport into English.
After collecting the required papers in full from the seller and buyer, the company officially submits a property transfer transaction through the official website of the Land Department in the United Arab Emirates or through the service centers.
Step 1: The customer goes to one of the Real Estate Registration Trustee offices
Step 2: The customer submits the required documents to the employee and makes sure that they are complete (All required documents are uploaded via DLD Document Vault)
Step 3: The transaction data is entered into the system by the employee and is verified
Step 4: The customer pays the fees and receives a receipt for payment
Step 5: The output is delivered to the customer
Service Time 25 - 35 min
After that, the buyer will receive the official copy of the title deed that shows the following: