Frequently Asked Questions

The property buying process in Dubai is straightforward and typically involves:

• Finding the right property with the help of a registered agent
• Signing a Memorandum of Understanding (MOU)
• Paying a deposit (usually 10%)
• Obtaining a No Objection Certificate (NOC) from the developer
• Completing the transfer at the Dubai Land Department

The entire process can be completed within 2-4 weeks for ready properties.

When buying property in Dubai, you should budget for the following costs:

• Dubai Land Department (DLD) fee: 4% of property value
• Agency commission: 2% of property value
• NOC fee: AED 500 - 5,000 (varies by developer)
• Trustee office fee: AED 4,000 + VAT
• Mortgage registration fee (if applicable): 0.25% of loan amount

Off-plan property refers to properties that are still under construction or in the planning phase. Benefits include:

• Lower prices compared to ready properties
• Flexible payment plans (often 60/40 or 70/30)
• Potential for capital appreciation upon completion
• Ability to customize finishes in some cases
• Modern designs and latest amenities

Yes, non-residents can obtain mortgages in Dubai. Key points to know:

• Non-residents can typically borrow up to 50-60% of property value
• UAE residents can borrow up to 75-80%
• Minimum property value usually AED 500,000
• Required documents include passport, income proof, and bank statements

We can connect you with our partner banks offering competitive mortgage rates.

To rent a property in Dubai, you'll typically need:

• Valid passport copy
• UAE residence visa (if applicable)
• Emirates ID
• Proof of income or employment contract
• Security deposit (usually 5% of annual rent)

The tenancy contract must be registered with Ejari for legal protection.

Rental payments in Dubai are typically made via post-dated cheques:

• 1 cheque (full year upfront) - often gets best rates
• 2 cheques (every 6 months)
• 4 cheques (quarterly)
• 12 cheques (monthly) - less common

More cheques often mean slightly higher rent, but provides flexibility.

Yes, property investment can qualify you for a UAE residency visa:

• Properties worth AED 750,000+ qualify for 2-year visa
• Properties worth AED 2 million+ qualify for 10-year Golden Visa
• The property must be fully paid (no mortgage)
• Visa benefits extend to spouse and children

Our team can guide you through the visa application process.