Property buyer's guide in Dubai

There are many of us who start the buying process by browsing through properties advertised online only to become disheartened when our dream homes are way beyond our budget. Besides deposit fees, there are transfer fees, agency fees, sales progression fees, mortgage arrangement fees, and mortgage insurance fees to be considered. Get all the information you need by talking to a mortgage advisor - they are experts in their field and can walk you through the entire process of buying your first home in Dubai.

As soon as you know your budget, you can start determining what kind of property features you must have. Don't be afraid of compromising! A property is very rare to check every box, so put this list in order of importance.

A good broker in Dubai should walk you through the entire sale process from beginning to end; from making an offer, negotiating the price, completing the paperwork, obtaining the NOC, scheduling the transfer appointments, and finally the handover. It is time to do as much due diligence and ask every question you can possibly think of before taking such a large leap and possibly spending the most money you have ever spent.

You should keep an open mind during the viewing process and don't rule out a property just for one reason - your broker may be able to provide a solution. Though it can be difficult to see past décor that doesn't suit your personal style, it is important not to get caught up in things that are easily changed. You should ask your broker as many questions as you need to, as this is a huge step.

Make a decision about what you would like to offer after you have found a property to purchase. You should submit the offer to your broker so that they can begin negotiations with the seller. There is no doubt that this is the most nerve-racking time.

Formal contracts are formed by an Agreement of Sale. In a written agreement, the buyer and seller outline the terms and details of their understanding, including each party's obligations and responsibilities. Before the sale moves forward to the transfer stage, your broker will go over this with you and ensure you're comfortable with going forward. By using the broker's DLD REST App, the agent will generate the Unified Form F. The DLD registers this form of contract.

Throughout the sale process, our sales progression team will be with you every step of the way to make it as smooth and seamless as possible from the No Objections Certificate (NOC) from the developer to the transfer. Before beginning the process, your sales progressor will ensure that your documents are in order to avoid any delays.