Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the importent steps i should do before buying a property in Dabai UAE?

user-image
Question added by Swetlana Vivanco Satoloka , Property Management, Investor , Self-Employed
Date Posted: 2015/04/14
Muhammad Adeel
by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC

Research!Consult with different Consultants and Property Dealers before taking the final decision. The quality of property depends on your budget. 

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

Thank you for the invitation, but I am sorry I have no experience with this market. Hope someone else will help you.

Research is paramount and will hopefully help you avoid any pitfalls in the future. There are areas in the UAE were foreign investors cannot purchase freehold property. You should seek independent advice before entering into a contract.

Buying property off-plan is very common in the UAE, When you have found a property and checked that the developer is approved through a regulatory agency , and you can contect with real estate agency for further detail. thankx 

 

mohammed almassri
by mohammed almassri , Construction Manager , Teejan Trading & Contracting Company - United Arab Emirates

 

location

price

payment condition

payment methods

 

 

 

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

Location and geographical areaProperty quality / constructionArea ViewService feesMaintenance standards

AMEENULLA KHAN
by AMEENULLA KHAN , Vice President , Mindstorm Strategic Consulting LLC

Dubai has become a popular place for foreign investors and expats. ... You can buy properties from estate agents or from property developers. ... As a result, a significant amount of property bought by foreigners is bought ... Before you think about making a move for a property be sure that you have spent a little time in Dubai.

SIMA VARA
by SIMA VARA , Lawyer , Private Practitioner Lawyer

The importent step for me to buy a property in Dubai UAE is that as a buyer I should be a UAE CITIZEN or A GCC CITIZEN, if not then as a foreigner I can buy freehold or leasehold property in Dubai but only in the  designated for foreign property ownership. 

 

بن يمينة الجيلالي
by بن يمينة الجيلالي , Investigator , Direction of Land Registry

Hello , you need to make what you want to do? Are you want to buy property to make investement or house, appartement, .. its depends to what you want and the purpose, 

The importants steps is to have the most information about the place and location where you want to buy, and the seller, and the law orgnise the property and the taxes, because is very important because you will put money, and also very important condition is the reputations of the seller or business agent.

Also documenting the contract to save your rights and property.

Wish all success and best

sani ibrahim
by sani ibrahim , Legal Research Assistant/Property Manager , A.S. IBRAHIM & CO.- THE UNITY CHAMBERS

Due to the Complexity and volatility of prices in the housing market in Dubai, I would advise you to seek the service of a broker. A Licensed broker would give you the best advise on where and when to buy and the right time to take out loans to finance purchasing a house. This would help you in making the right investment decision. Dubai real estate market have tendencies to fluctuate at intervals which further affect home prices. There are good times to buy and bad times not to buy. An investor with the right information makes the right investment decisions.

I have to read the Property Indicator first, then area price to match it with other areas and what is the expectation of the price in next 2 years  

uzma mushtaq
by uzma mushtaq , OFFICER OG II , UBL

We must look for client's budget

Also..look for excellent loction...help them find best possible package.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.