Frequently Asked Questions About Selling Your Property in Dubai

DATE: 21 Oct 2023

Selling a property can be a source of considerable stress, but our aim is to ensure that your selling experience is as smooth and hassle-free as possible. It’s important to note that not all costs and processes will necessarily apply to you, particularly if you are selling a property without any outstanding financial obligations.

Documents Needed When Selling a Property:

To sell your property, you will require a title deed for the property obtained through registration at the Dubai Land Department. You will also need a No Objection Certificate (NOC) from the developer to confirm that the property is free from any liabilities, such as outstanding mortgages, unpaid installments, or service fees. Your original passport and any other documents and receipts related to the original sale and the current state of the property will be required. If your property is rented, you will need a copy of your tenancy agreement, and if you have sold it through a registered Real Estate Agency, a signed seller agreement known as Form A will be needed.

Is it necessary to hire a lawyer when selling my property?

In many places around the world, it’s common to involve a lawyer when selling property. However, in Dubai, the sale process often doesn’t require legal representation. Dubai uses a standard electronic contract, known as Form F or MOU, provided by the government. The transaction agency typically oversees the management of these documents. You do have the choice to hire a lawyer or conveyancing company if you prefer

Can I sell my property if it is currently tenanted? If so, what is the notice period required if I want the tenants to vacate the premises?

Having an active tenancy contract on your property does not prevent you from selling it. When selling, you will typically include a provision in the agreement with the buyer to transfer the existing tenancy to them. The buyer will inherit the terms of the tenancy and take over as the new landlord. You may need to consider refunding any future rent for the remaining lease period and transferring the tenant’s security deposit to the buyer.

As per Law 33 of 2008, Article 25, a landlord can request eviction upon the expiration of the tenancy contract if the property owner intends to sell the leased unit. However, the landlord is required to provide the tenant with a 12-month notice before the designated eviction date, and this notice must be delivered through a notary public or registered mail.

What is the cost of registering my title deed?

In the case of off-plan sales, the developer manages the land registration process in tandem with the initial property purchase. The registration fees amount to 4% of the purchase price, and this cost is VAT-exempt. In the case of secondary sales, the 4% fee, referred to as the transfer fee, is payable during the transfer of ownership and can be divided between two parties: the seller and the buyer.

Whether you’re a seasoned property seller or a first-time seller in Dubai, manoeuvring the real estate market can be a complex yet rewarding journey. We believe that the insights and information shared in this blog have proven valuable in your mission to sell your property.

Should you have any additional questions or require assistance, our team is readily available to support you at every stage. Your property sale in Dubai is more than just a transaction; it represents a significant milestone in your life’s journey, and we are here to ensure it proceeds smoothly and successfully. We appreciate your consideration in choosing us as your trusted partner and extend our heartfelt wishes for your success in your property-selling endeavours.

AUTHOR: MM

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