العربية
Buying a property in Dubai in 2024 is one of.
the goals and dreams that many foreigners aspire to.
Whether coming from outside the United Arab Emirates.
or residing in Dubai.
Due to the advantages that real estate ownership in Dubai.
provides to real estate owners and investors.
Buying a property in Dubai for foreigners:
- Previously, the laws were limited to Emirati citizens.
- In terms of the right to own Dubai real estate.
- However, the new legal amendments issued by.
- the Dubai government.
- Granted the right to foreigners to own.
- Dubai real estate under specific conditions.
Buying a property in Dubai in 2024
Conditions for buying a property in Dubai:
The conditions are divided between the buyer and the seller.
and these conditions are:
Conditions related to the buyer:
- Commitment to freehold ownership in areas.
- specified by the Dubai government.
- Registering the property with the Dubai Land Department.
- Paying the financial dues resulting from purchasing.
- a property in Dubai.
Seller’s conditions:
- The presence of the property owner (the seller) at.
- the sale to transfer his property to the buyer.
- or to appoint someone to act on his behalf under.
- a legal power of attorney.
- Registering the property with the Dubai Land Department.
- Paying the financial dues owed by the seller upon sale.
- The property owned In the name of the seller must be.
- it can be resold or transferred to another person.
Buying a property in Dubai in 2024
Fees for purchasing a property in Dubai:
- Land Department fees and property.
- Property registration fee.
- Mortgage-related fees.
- Mortgage registration costs.
Steps to buy a property in Dubai:
The journey of buying a property in Dubai goes through several steps:
1-Choose a property in freehold areas:
- The property must first be selected within the freehold areas.
- The Dubai Land Department allows.
- real estate ownership for foreigners.
- Such as the areas of Dubai Marina and Downtown Dubai.
Buying a property in Dubai in 2024
2-Choose the property according to its condition:
- Foreigners in Dubai have the right to buy.
- a ready property or a property under construction.
- The condition of the property that suits the client must be chosen.
- Note that the property is under construction or off-plan.
- Its price is much lower than the ready property.
3- Consult a real estate expert:
- It is necessary to deal with a reliable real estate consultant in Dubai.
- The Golden Group Company provides investment in Dubai.
- Free real estate consulting service.
- Providing the most appropriate offers for
- foreigners to own a property in Dubai.
- The Golden Group real estate consultant.
- informs you about the reality of the Dubai real estate market.
- From laws, regulations and controls.
- the best areas to own a property and the most suitable offers.
4-Allocate the appropriate budget:
- Inquire about the costs of purchasing a property in Dubai.
- In addition to the price of the property offered for sale.
- There are other costs and fees mentioned above.
- Therefore, you must be aware of the total.
- costs of purchasing the property.
- In order to allocate the appropriate budget.
5- Request a no objection certificate:
- It is called No Objection Certificate in English.
- It is a certificate confirming that the customer has.
- completed all the points required of him in the purchase contract.
- It is approved by the real estate developer.
- To clarify the testimony That he agrees for.
- the new owner to purchase the property.
- without problems or objection.
- This certificate is required by the Dubai Land Registry Department.
6-Registration of the property:
It is the last step of buying a property in Dubai.
Standards for real estate ownership in Dubai:
Area and location:
- Choose a quiet area away from pollution and traffic congestion.
Public services and facilities:
- Your property must be surrounded by hospitals
- schools, malls, and means of transportation.
Maintenance:
- The newer the property and the better.
- its infrastructure, the lower the maintenance and.
- its costs, and vice versa.
Price comparison:
Look at the real estate prices surrounding.
- your property to ensure that the price displayed.
- is consistent with the price per square meter of real estate in the area.
Documents required to buy a property in Dubai for foreigners:
- No objection certificate through the Dubai Rest application.
- A valid foreign passport.
- A legal agency in the event that another party.
- is entrusted with the procedures for.
- transferring real estate ownership.
How much does it cost to register a property in Dubai?
- The sale value is 2% to the buyer of the property value.
- The fee for issuing the ownership certificate is 250 UAE dirhams.
- Land map of lands subject to Dubai Municipality: 100 dirhams.
- Land map. The unified map fee with Dubai Municipality is 225 dirhams.
- Additional fees for the villa and apartment are 250 dirhams.
- An innovation fee for each drawing is 10 dirhams.
- A knowledge fee for each drawing is 10 dirhams.
