Property Buyers Guide
Buying Property in Dubai: What You Need to Know
Eligibility:
Dubai’s real estate market is open to both UAE nationals and foreigners in designated freehold areas.
Financing:
Expats can secure mortgages covering up to 75% of the property value, subject to bank approvals.
Legal Process:
Buyers must sign a Sales and Purchase Agreement (SPA) and register the property with the Dubai Land Department (DLD).
Fees & Taxes:
Buyers pay a 4% DLD transfer fee, plus registration and administrative costs.
Handover & Possession:
Upon full payment, the property is handed over, and ownership is legally transferred.
Tip:
Work with a trusted real estate agency like Eminent Oasis to ensure a smooth and transparent buying process.
