Guide to Buying Property in Dubai
There are various types of real estate in Dubai, including villas/detached houses, apartments and commercial properties. However, buying real estate is a process that requires careful planning and knowledge. As Tekce Visa, we support you throughout your real estate purchasing journey and make all stages easier for you.
When investing in Dubai, it is necessary to consider some important factors. These are:
- Determining investment criteria,
- Location choice,
- Budget,
- Income yield and value increase potential,
- Sales process and strategies,
- Legal and tax obligations.
Getting professional support during legal procedures and official documents when purchasing real estate will ensure that the process progresses faster and more securely.
This content contains all you need to know and tips to enter the real estate market in Dubai.
Here is a step-by-step guide to buying real estate…
Aim: Do you see your property as an investment, residence or vacation home?
Budget: What is your total budget? Considering additional expenses and taxes will prevent you from encountering unexpected expenses.
Features: How many rooms, which floor or location do you want your property to have?
By giving clear answers to these questions, you can find the right property more easily.
Apartment: Located in the city center, apartments offer easy access and modern living facilities.
Detached House / Villa: Ideal for those looking for space and privacy.
Commercial Property: Includes offices, shops and other commercial areas for those looking to do business.
Downtown Dubai: Located in the heart of the city, luxury apartments and commercial spaces are located in this area.
Dubai Marina: A popular destination surrounded by a marina, beaches and modern skyscrapers.
Palm Jumeirah: An island offering luxury villas and beachfront living.
Transportation: The proximity of your property to the metro, bus and main roads is important for both your social and business life in terms of saving time.
Schools and Hospitals: Education and health services in the vicinity are among the top factors to consider when purchasing a property, especially for families.
Shopping and Entertainment: Shopping malls, restaurants and parks are important places to socialize and spend time for yourself in the hustle and bustle of daily life. The ease of access to these facilities should be considered when purchasing a property.
Cash Payment: You have the option to pay in cash when purchasing your property.
Housing Loan: If you cannot or do not prefer to pay in cash, banks in Dubai offer various mortgage options. Before starting the process; It is advantageous to have information about interest rates, maturity period and repayment terms.
DLD Fees: Land registry fee (4%) charged by the Dubai Land Department.
Real Estate Commissions: Commissions paid to real estate agents (usually 2%).
NOC Fees: No Objection Certificate (NOC) fee charged by the developer.
Profits Tax: There is no personal income or profit tax in Dubai, but it is worth considering your tax obligations in other countries.
Planning the Process
You can examine your property in detail with professional photos, virtual tours and effective marketing strategies and decide whether it meets your expectations.
Before purchasing your property, having information about the Dubai real estate market and current trends will make your job easier. With market analyses and trend reports, you can increase your chances of buying your property at the best price and in the shortest time.
Sales Contract: It should be prepared in detail and in accordance with the legal requirements.
NOC Application: NOC or No Objection Certificate is a document that confirms that a certain person or organization has no objection/obstacle to an action or procedure. In the UAE, this document is usually required for transactions such as purchasing a property, obtaining a residence visa or starting a business.
Title Deed Transfer: The title deed transfer transactions to be carried out at the Dubai Land Department are also a step that should not be skipped in the property purchase process.
- Finding properties that suit your needs,
- Negotiating on price and conditions,
- Getting professional support on issues such as sales contract, title deed transfer and other legal transactions will be the safest method for you.
RERA Approved Firms: Choosing firms approved by the Dubai Real Estate Regulatory Agency (RERA) ensures the reliability of the process.
References and Experiences: Examining the firm's previous work and customer satisfaction will be a reference for you.
Buy a Property Easily with Tekce Visa Assurance!
As Tekce Visa, we provide all the information and support you need in your real estate purchase process in Dubai. Our expert consultants will be with you at every step and help you complete the process smoothly and safely. You can contact us to get detailed information and professional support.
