Serdar Properties

 
Buying Property in Dubai

For first-time home buyers, the process of purchasing a house or other property can be intimidating. You should be aware of certain legal aspects associated with real estate investing no matter where you are in the world. In Dubai, the same is true. Let's look at how to buy real estate in Dubai. Examine the legal procedures required by real estate laws for this purpose.

July 31, 2022

Finding property and placing formal offer, normally work through agent. If offer accepted, deposit should be paid. It’s also expected paying transfer and estate agent fees.

Whether looking for perfect place to live or profitable real estate investment, buying property in Dubai is relatively simple process.

Renting Property in the UAE
When finding property, normally expected providing copies of passport and proof of residency, expecting payment percentage of annual rent to landlord for deposit, providing several post-dated cheques (this is varied from landlord to landlord) and proof photocopied.

What to do if things go wrong in Dubai?
When seeking legal advice, speak directly to local lawyer.

Approached RERA if treated unfairly or if developer/landlord acted inappropriately (able to look the contract and provide specific advice). If filing complaint against a developer or landlord, need provide evidence (as much detail as possible). Be aware of lengthy process; cases can take months, if not years, to resolve.

What to do If things go wrong in other emirates?
Seek advice before proceeding. Contact local municipality, try negotiating directly with the developer/landlord, or file a lawsuit.

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