04 Jun Documents required to buy a property in Dubai and basic requirements
Buying property in Dubai is becoming increasingly popular among foreign investors due to its stable economy, high standards of living and transparent legal system. However, to complete the transaction and find Dubai penthouses for sale without problems and unnecessary delays, it is important to prepare the necessary documents in advance.
Passport
The main document confirming the identity of the buyer. The passport must be valid, with at least six months left before expiration. A copy of the passport is provided to draw up a sales contract and subsequent registration with the Dubai Land Department.
Visa
For non-residents of the UAE, a visa is not a mandatory requirement for purchasing real estate. However, if the buyer already has a resident visa, a copy is also attached to the documents. In the case of a purchase on the primary market, real estate can serve as the basis for obtaining an investment visa. Full residential address, valid phone number and email address. This information is used to draw up official documentation and maintain communication with the buyer.
Letter of Intent
After selecting the property, a preliminary contract is drawn up, which specifies the price, terms, payment conditions and other important aspects of the transaction. This document is signed by both parties and accompanied by a deposit.
Payment
Bank transfers or cheques issued by UAE banks can be used to pay for the property. The buyer may need to open an account with a local bank, especially if the full payment is via bank transfer. If the buyer cannot be present to sign the documents in person, a notarized power of attorney can be issued. It must be translated into Arabic, certified by a notary and legalized in the UAE. Sometimes agencies ask for a tax number or similar identification data in the buyer’s country of residence – especially if the transaction is made under investment programs.
All documents must be in English or Arabic. If they are in another language, a notarized translation will be required. Registration and registration are carried out through the DLD. The buyer receives a title deed confirming the ownership. When buying through a developer, you will need a purchase agreement with payment on schedule and confirmation of payments made. Buying real estate in Dubai is a transparent and clearly regulated procedure, especially with the support of professional agencies. A properly compiled package of documents is the key to a quick and safe transaction.
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