Required Documents
The following documents are required to buy a villa or apartment for sale in Dubai as a non-resident foreigner :
- A valid passport.
- Evidence of Dubai residency status, such as a visa or permit.
- Income proof, including salary slips.
- Verification of your current address.
- Bank statements demonstrating the financial capability to afford the property.
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REGISTRATION STEPS
Here’s the procedure to buy and register your property as an expat in Dubai.
- Confirm eligibility for expatriate property ownership in Dubai.
- Choose a property based on preferences and budget.
- Evaluate financial capacity and secure necessary financing.
- Sign a sales agreement with the property seller.
- Obtain a No Objection Certificate (NOC) if buying from a developer.
- Visit the Dubai Land Department (DLD) to submit the required documents.
- Pay the fees for property registration and administrative charges.
- DLD verifies documents and registers the property in the buyer’s name.
- Receive the title deed from the DLD, confirming ownership.
- Fulfil post-registration obligations, including annual service fee payments.
Factors To Consider During Property Selection
There are several benefits of buying a property in Dubai. Expatriates exploring Dubai’s property market should take into account various essential factors when selecting a property.
Location
Assess proximity to workplaces, schools, amenities and public transport. Consider the neighborhood's overall atmosphere and future development plans. Also, if you are wondering how to get a Makani number to navigate the city, you can download the official Makani app or visit Dubai’s municipality’s official website.
Budget and Affordability
Establish a clear budget that includes all associated costs. Explore financing options and mortgage rates if needed.
Type of Property
Decide between townhouses, apartments and villas based on lifestyle and preferences. Consider the property’s size and layout, as per your requirements when browsing through houses for sale in Dubai.
Legal Considerations
Make note of the legalities of property ownership for expats. Ensure compliance with regulations and seek professional advice.
Developer Research
Research the different property developers in Dubai and their projects. Former projects and customer reviews can provide insights into quality and reliability.
Amenities and Facilities
Evaluate the available amenities such as parks, gyms and security features. Assess the quality of shared facilities within the property.
Resale Value and Investment Potential
Consider the potential resale value of the property. Analyse the investment potential, taking into account market trends.
Infrastructure and Accessibility
Look into the quality of infrastructure in the vicinity. Ensure ease of access to major roads and Dubai public transportation.