faq

Frequently asked questions

How to Buy Property in Dubai?

Buying property in Dubai process typically involves a few steps:

  • Search for the properties that meet your preferences, through a real estate agent in Dubai or an online platform.
  • View the property by scheduling physical or virtual viewing to inspect the property.

Once you have chosen the property, make the offer with the seller and negotiate the terms with them. Upon reaching an agreement, you must sign a Memorandum of Understanding (MOU) and No Objection Certificate (NOC)and pay the settled down payment.

What are the requirements for buying property in Dubai/UAE?

The buyer must have these required documents to buy property in Dubai:

  • Original Title Deed
  • Original NOC from Developer
  • Original Passport, Visa, Emirates ID (Seller and Buyer)
  • Signed form F (MOU)

Fees requirements

  • Land Department Fees
  • Registration Trustee Fees: Cash Only
  • Broker Fees
Can foreigners buy property in Dubai?

Yes, non-UAE residents are allowed to buy properties in Dubai real estate. The government allows non-GDAs to buy freehold properties in designated areas, and certain areas are available for leasehold property.

How do real estate agents in Dubai help you buy property?

If you are exploring selling or buying property in Dubai but unsure about how and where to invest, here comes the role of real estate companies in Dubai, Who put you out of this headache and help you find the best place to live in Dubai while staying in current real estate trends and market analysis. here are some duties of a real estate agent:

  • Market research
  • Property showing
  • Scheduling appointments between both buyer and seller
  • Draft and Deliver Documents
  • Negotiations
  • Paperwork and contracts
  • Assisting in the closing proces
What is the best place to live in Dubai?

Here are certain best locations you can consider for owning a home in Dubai:

  • Dubai Marina
  • Downtown Dubai
  • Jumeirah Village Circle (JVC)
  • Palm Jumeirah:
  • Dubai Hills Estate: 
  • Jumeirah Lake Towers (JLT): 
  • Business Bay:
  • Arabian Ranches
What are the most luxurious residences in Dubai?

At Sky Oasis, we present you with the top 6 luxury residences in Dubai, reflecting the real image of a luxurious lifestyle, from modern apartments to luxurious villas. All are delivered by Top developers in Dubai real estate:

  • Bayz 102
  • Oasis by the Danube
  • Binghatti Royale
  • Address Residencies
  • Sobha Solis
  • The Acres
What are the best residential developments in Dubai?

The best residential developments In Dubai in top areas 

  • Bayz 102
  • Oasis by the Danube
  • Binghatti Royale
  • Address Residencies
  • Sobha Solis
  • The Acres
How much do apartments/homes cost in Dubai?

Purchasing an apartment or home in Dubai varies depending on factors such as location, floor plans, bedrooms, etc. The average cost per square meter in Dubai is approximately.

  • For apartments: AED 10,763 to AED 32,291
  • For villas and downtown: AED 8,600 to AED 26,910

 

Why invest in Dubai real estate?
  • Tax Advantages: Dubai offers a Tax-Free environment with no property taxes and Income taxes making it the most attractive and beneficial option for investors and residents to buy a property in Dubai.
  • Growing economy: Dubai’s economy is experiencing rapid growth, supported by factors like tourism, the latest and most luxurious amenities, finance, and trade. Making it the most valuable and best property investment in Dubai.
Benefits of Buying Property in Dubai?

If you buy property in Dubai, it can be a great investment because it offers:

  • Investment Potential: Dubai’s market has historically proven strong growth potential  With an average yearly return of 5% to 8.4%, competing with other global countries.
  • Lifestyle and luxurious amenities: owning a property in Dubai delivers a high standard of living, the most luxurious amenities, and a diverse culture.
s there any tax on purchasing a property in Dubai/UAE?

No, there is no tax on buying a property in Dubai, but there are a few fees associated charges with transactions such as real estate agent fees, service charges, registration fees, maintenance charges, etc.

What is the difference between freehold and leasehold?
  • Freehold: Gives you the complete ownership of property and the land it's built on.
  • Leasehold: Gives you the rights to own and occupy the property for a specific time period of about up to 99 years but not the land it’s built on, the land remains owned by freeholders.
How long does it take to complete a property purchase in Dubai?

The period for completing a property purchase in Dubai varies on several factors, but generally, it takes around  2-10 weeks. Form singing of agreement to transfer of ownership.

Builder based
  1. How can I inspect/view my unit?
  2. How can I visit/inspect my unit if I am outside of UAE?
  3. When will I get the handover of my property?
  4. How can I change the payment plan for my unit?
  5. How can I update/change my contact information?
  6. Can I make cash payments in instalments?
  7. What if I miss the instalment date?
  8. Is the down payment refundable?
  9. What happens if I am unable to pay my instalment?
Still have any questions? Contact us