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You will need an original Sale Deed, Title Deed, relevant tax receipts and an Encumbrance Certificate in order to list your property for selling. Your buyer may demand to show these documents.
One acre of land equals 43,560 square feet. An acre is also compared to the size of a football field.
Before making an offer you should consider researching the current market trends and do a comparative analysis which will help you find a fair market value of your property.
You have to pay a transfer fee in the Arab Emirates if you transfer your property to someone else. It is an administrative fee charged by the sales developer.
A property which is only planned yet and will be constructed in future or its construction is in the beginning stage is known as an off-plan property.
Any property that is “free from hold” of anyone save the owner is considered to be a freehold. A property is completely owned by its freeholder, including the ground it is constructed on. You’ll need to set aside money for these expenses if you purchase a freehold because you’ll be in charge of maintaining your home and land.
Off-plan real estate is described as that which is up for sale but has not yet been built. Purchasing a property of this nature is referred to as “purchasing off the plan.” When you purchase a property off the drawing board, you run the risk that the finished result may not only fall short of your expectations but will also be less expensive than the price you paid.
Yes, foreigners can buy real estate in Dubai on a freehold basis, including both non-resident investors and expatriate residents. Foreign nationals are now able to buy, sell, or rent their property thanks to this.
The legal steps to buying a property in Dubai includes:
1. Creating a contract between a buyer and seller
2. Signing the agreement for sale
3. Apply for a no objection certificate
4. Transferring ownership via DLD.
We do marketing and selling of real estate properties under good prices. These properties are owned by individuals as well as investors.
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