Selling Property Guide in Dubai

The outlook of your property matters. Make sure that it is in the best shape before putting it up for sale. Get rid of cracks & defects, and consider applying a new coat of paint. Well-maintained garden spaces also add value. Showcase your property in optimal condition for the best return.

Your real estate agent will visit the property for a market appraisal, offering the best possible quote based on the property's prototype & location. The agent will devise a strategy for selling your home, giving you an idea of what to expect.

Listing your property requires a From A or Contract A from DLD, a copy of the Title Deed/Oqood, and a passport/Emirates ID. Fulfilling these requirements enables you to list your property for sale.

After listing, market your property widely through mainstream channels, popular portals, social media, and email campaigns to generate leads and ensure a quick sale. A proactive marketing approach is essential.

Your real estate agent arranges property viewings with potential buyers, guiding them about the property’s best features to help you get the best value. Ensure the agent has unrestricted access to the property for a smooth viewing experience.

Once a serious buyer approaches, negotiate agreement terms through agents. An MOU is signed if an agreement is reached, with the buyer providing a 10% deposit check against the property.

The buyer must settle the seller's mortgage before NOC issuance. The bank’s involvement is required, and the process should start immediately after signing the MOU, taking up to 2 weeks. A process to block the property at the DLD Trustee Office may be necessary if paying by cash.

Parties meet at the developer’s office to apply for the NOC, which is issued upon payment of a fee between AED 500-5000. VAT is also required, following legal regulations.

Discuss disconnection with DEWA when all parties know the ownership transfer date. Disconnection takes around 24-48 hours to complete.

Complete ownership transfer at the Trustee Office of the DLD upon receiving the NOC. Payment is made to DLD via manager’s cheque, including a 4% transfer fee and admin fees depending on property type. A new title deed is issued in the name of the buyer after formalities.