Dubai Property investment guide - Nest9

Register

I agree with terms & conditions

Reset Password

Follow us

Get Investment Advise

How to Buy a Property in Dubai: A Step-by-Step Guide

Set Your Goals and Budget

Define your needs: Are you looking for a family home, an investment property, or a vacation getaway?
Set a realistic budget: Factor in not just the property price but also additional costs like registration fees, agent commissions, and potential mortgage payments.

Find a Reputable Real Estate Agent

Expert guidance: An agent can help you navigate the market, find properties that meet your criteria, and negotiate on your behalf.
Due diligence: Choose an agent registered with the Real Estate Regulatory Agency (RERA) to ensure professionalism and ethical practices.

Property Search

Online portals: Use popular property portals like Property Finder, Bayut, and Dubizzle to explore available listings.
Offline search: Visit developer showrooms, attend property exhibitions, and explore neighborhoods of interest.
Viewings: Schedule viewings of properties that catch your eye and assess their condition, location, and amenities.

Make an Offer

Negotiate the price: Work with your agent (if applicable) to negotiate a price that's fair for both you and the seller.
Sign the Memorandum of Understanding (MoU): This document outlines the terms of the sale, including the price, payment schedule, and completion date.
Pay the deposit: Typically, a 10% deposit is required upon signing the MoU.

Secure Financing (If Applicable)

Mortgage pre-approval: If you're taking a mortgage, get pre-approved from a bank to understand your borrowing capacity.
Compare offers: Shop around for the best mortgage rates and terms.

Due Diligence

Property verification: Confirm the property's ownership, title deed, and any outstanding service charges.
Developer checks (off-plan): If buying off-plan, verify the developer's track record and project approvals.

Finalize the Sale

Obtain a No Objection Certificate (NOC): If buying from a developer, get an NOC confirming they have no objections to the sale.
Sign the Sale and Purchase Agreement (SPA): This is the final legal contract outlining the terms of the sale.
Pay the remaining balance: Pay the remaining amount as per the SPA and transfer ownership at the Dubai Land Department (DLD).

Register the Property

DLD registration: Register the property in your name at the DLD.
Pay registration fees: The buyer typically pays 4% of the property value in registration fees.

Get in touch with us to plan your next transaction

Our expert Property consultants would love to contribute their expertise and insights and help you today.

Nest9 Contact Form

First Name

Last Name

Phone/Mobile

Email

Nationality

Buy

Developers

Offplan Projects

About us