What are the conditions for purchasing real estate in Dubai? - Lahzat News
In recent years, the UAE, and particularly Dubai, has become one of the most attractive destinations for investment, especially in the real estate sector. Given this, many investors are eager to purchase property here, adhering to all necessary conditions and procedures, which helps avoid fraudulent scenarios and ensures a successful purchase.
The process of buying real estate in Dubai
The process of buying real estate in Dubai involves several key stages.
The first step: registration in the land cadastre
You need to visit one of the service centers or real estate registration offices. You will be required to provide all the necessary documents to the staff, so make sure you have all the required information to avoid misunderstandings. After that, the details of the transaction should be correctly entered into the registration system. Pay all fees and be sure to keep the receipts for the payments made. All information will be uploaded to the digital registry, and in the end, you will receive a contract for the right of ownership of the property.
Second step: using the Dubai Rest app
To do this, you need to install the app on your mobile device. Android users can download the app, while iPhone owners can also find it in the App Store. You can also access the website.
Conditions for purchasing real estate in Dubai
Now let's move on to the conditions for purchasing real estate in Dubai.
The first is the requirements for the buyer.
- It is necessary to acquire real estate exclusively in the areas of free ownership established in the country.
- Registering a purchase with the Dubai Land Department is a mandatory requirement.
- The buyer must pay all financial obligations related to the property, such as registration fees, property appraisal costs, as well as expenses for the mortgage loan and its registration.
The second is the requirements for the seller.
- The actual property owner must participate in the transaction in person to transfer ownership of the property to the buyer.
- He can delegate his authority to a person with an official power of attorney.
- It is necessary to pay all taxes and fees related to the sale of the property, including broker commissions.
- The seller must have the right to sell their property and must provide all necessary documents confirming their authority in this regard.
In recent years, the UAE has significantly strengthened its position in international markets, particularly in the real estate sector. This has attracted the attention of many investors and individuals looking to invest in purchasing property in Dubai.
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