FAQ
Off-Plan Properties – FAQs
An off-plan property is a property purchased directly from a developer before it is completed or constructed.
Off-plan properties usually offer lower prices, flexible payment plans, and high potential for capital appreciation.
Yes, Dubai has strict regulations in place, including escrow accounts, to protect buyers and ensure project completion.
Yes, resale (also called assignment) is possible, subject to the developer’s terms and a minimum payment requirement.
No, developers typically offer installment-based payment plans, often linked to construction milestones.
Secondary Market Properties – FAQs
A secondary market property is a ready property that has already been completed and may have had previous ownership.
Yes, UAE banks offer mortgage options for both residents and non-residents, subject to eligibility.
Typically, it takes 2–6 weeks depending on financing, documentation, and transfer procedures.
Yes, costs may include Dubai Land Department (DLD) fees, agency commission, and trustee fees.
Yes, once ownership is transferred, you can rent it out right away.
Rental Properties – FAQs
Typically, you need a valid Emirates ID, passport copy, visa copy, and sometimes proof of income.
Rent is commonly paid through post-dated cheques (1–4 cheques per year), though some landlords offer flexible terms.
A refundable amount (usually 5% for unfurnished and 10% for furnished units) paid to the landlord as security.
Yes, tenants may need to pay agency fees, Ejari registration fees, and utility connection charges.
No, rent increases are regulated by RERA and must follow the official rental index guidelines.
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