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Get all the information in few easy steps to make affordable and perfect decision and turn your property ownership
Planning to buy a property in Dubai a city with the largest and biggest shopping malls, a place of tourists, the mixture of different cultures, loftiest buildings, the highest growing economy, a worthy education system, a city with 90% of expats, a tax-free zone, a business hub with greatest and relaxed opportunities for business and there are many more upcoming projects on the way. Then why think further, come and plan your property investment with Elan Real Estate. Our brokerage agency is here to provide you with step-by-step process of how to buy property in Dubai.
Property investment in Dubai involves a lot of paperwork and the right move to take the decision. Elan real estate has an experienced real estate agents team having extensive knowledge of the Dubai property market. Our team is specialized in the luxury downtown community, with specific expertise in individual towers and areas. Furthermore, we provide absolute guidance on the benefits of buying property in Dubai, ensuring that your property investment aligns perfectly with your preference. Our organization takes responsibility for all the processes from scratch to end.
when it comes to property investment in Dubai, it’s crucial to have a reliable brokerage that you can trust as it could also be a tricky decision for first-time home buyers or property investors. At Elan Real Estate, we are here to support and guide you through the entire process. With our expertise and knowledge, we simplify the journey of purchasing your property.
By choosing Elan Real Estate to buy a property in Dubai the future of yours will be in safe hands. Let’s be your trusted partner in making your property ownership dreams come true in Dubai.
Property buying process in Dubai is supposed to be an easy process, purchasing from another homeowner or directly from the developers, Once you have found your dream home, we will help you with the following steps to conclude the buying process:
This will set the terms and conditions the seller and the buyer has agreed on. It should state the selling price, method of payment or any other important factors binding the contract.
The buyer and seller will sign a Memorandum of Understanding (MOU) or Form F, acting as witnesses to the transaction. A standard 10% security deposit must be paid by the buyer to the escrow (real estate broker), refundable after property transfer. If a bank is involved, a valuation report and the final offer letter securing the mortgage are required. If the property is mortgaged, the buyer must settle the seller’s mortgage before applying for an NOC.
A NOC (No Objection Certificate) from the developer is required for ownership transfer. The developer will only issue the NOC if there are no outstanding service charges or late payment fees/penalties on the property.
Once the NOC is obtained from the property developer, the buyer will meet the seller at the Dubai Land Department office for the transfer to become effective. The following is required for the transfer to take effect:
After going through and completing the above process, a new title deed will be issued in the buyer’s name, and the buyer will officially become the new owner of their dream home. Our experts will help throughout the process, making the experience of buying property in Dubai hassle-free and enjoyable.
If you have any quires, Feel free to contact our agent anytime.
we are available online 24/7 to assist you.
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