Why Buying Property in Dubai is a Smart Move
Imagine waking up to a skyline that marries the allure of luxury living with an unmatched tax-free lifestyle. Picture yourself enjoying world-class shopping, stunning beaches, and dining at some of the most sought-after restaurants, all within the vibrant, cosmopolitan city of Dubai. But it’s not just the lifestyle—it’s about securing your future in a city that is evolving at an incredible pace.
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When you invest in a property in Dubai, you’re not just buying a home—you’re investing in your legacy. Dubai has created an inviting environment for expats, with favorable conditions for both living and business. Whether you’re looking to grow your wealth through real estate or relocate, understanding the process is crucial.
At Plata Real Estate, we’ve guided countless clients through this journey. With years of expertise in the UAE real estate market, we don’t just help you find a property; we ensure every step is clear, safe, and legally sound. Our in-house conveyancing team takes care of all the legalities, so you can focus on envisioning your future in Dubai. We’re here to answer every question you have, making the entire experience smooth and stress-free.
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Things to Remember
When Buying Property in Dubai
Finding the Perfect Real Estate Partner
Dubai’s property market operates differently than other countries, which is why having a trusted guide is essential. At Plata Real Estate, we pride ourselves on being that reliable partner. Not only are we registered with the Dubai Real Estate Authority, but we also bring a wealth of local knowledge that’s indispensable. We understand the intricacies of Dubai’s real estate laws, market trends, and most importantly, what makes for a great investment here.
Legal Framework Simplified
Since 2002, Dubai has opened its doors to foreign investors, allowing anyone—whether a resident or non-resident—to purchase property in designated freehold areas. You don’t even need residency status to invest in Dubai, making it an open playground for global buyers.
Who Can Own Property in Dubai?
Whether you’re an individual or looking to buy under a company, you can own property in Dubai. The only caveat is that if the property is registered under a company, it must be based in specific zones such as Dubai’s onshore or dedicated offshore areas. Need help setting up a company? Plata Real Estate offers incorporation services, taking care of everything from paperwork to property registration.
Timing Your Investment
When buying a property in Dubai, timing is everything. For resales, the average transaction takes about 30 days once the sales contract is signed. But if you’re eyeing an off-plan property, you might be surprised—deals can sometimes be finalized in as little as 30 minutes! If you’re on a tight schedule, our team can act on your behalf with a Power of Attorney, ensuring the deal goes through without disrupting your plans.
Ensuring a Thorough Due Diligence
At Plata Real Estate, we take due diligence seriously. Whether you’re buying a resale property or an off-plan project, we leave no stone unturned. For resales, we verify the property’s ownership, conduct thorough inspections, and ensure all contracts are airtight. For off-plan purchases, we check the developer’s legal rights, ensure all projects are registered with the Real Estate Regulatory Authority, and confirm the project’s compliance with the agreed-upon construction schedule. We handle the complexities, so you don’t have to.
Accessing Dubai’s Real Estate Registry
While Dubai’s real estate registry holds vital information, it’s not accessible to the general public. Only property owners or authorized individuals with a court order can access these records. But don’t worry—with Plata Real Estate at your side, we handle all of this for you, ensuring every document is accurate and up to date.
Costs Involved in Purchasing a Property
Buying property in Dubai involves certain fees, and it’s important to be aware of them upfront. Here’s a breakdown:
When buying on the secondary market:
- Broker’s commission: 2% to 5% + VAT
- Developer’s no-objection certificate: AED 500–10,000 + VAT
- Registration Trustee fee: AED 4,000 + VAT for properties over AED 500,000 (AED 2,000 + VAT below AED 500,000)
- Transfer fee: 4% of the purchase price
- Mortgage registration fee: 0.25% of the loan amount (if applicable)
- Title deed issuance: AED 580
- Service charges and utility fees may also apply
For off-plan properties, the costs look a bit different:
- Booking deposit: AED 5,000–37,000, depending on the property value
- Installments: 5%–10% every three months, with flexible post-handover payment plans often available
- OQOOD registration fee: 4% of the property price + AED 3,000 admin fees
The Allure of Off-Plan Properties
Buying off-plan means investing in a property before it’s built, which might seem risky, but in a rising market, it’s a golden opportunity. Many developers offer post-handover payment plans, allowing you to secure a valuable asset with minimal upfront investment.
However, it’s crucial to choose the right developer.
At Plata Real Estate, we only work with trusted developers and help you navigate the off-plan market. From understanding the project’s potential to securing fast mortgage approvals, we’ve got you covered.
How Plata Real Estate Helps You Buy Property in Dubai
Understanding Your Needs
Dubai’s real estate offerings are vast and varied. To find your perfect home or investment, we start by understanding your lifestyle, family needs, and budget. We then narrow down options that suit you best, whether it’s a chic apartment in the Marina or a family villa in the suburb
Providing the Best Options
Once we’ve pinpointed your preferences, our agents dive into the market to find the best available options, both off-plan and resale. With Plata Real Estate, you get access to a comprehensive range of properties, giving you more choices to find exactly what you want.
Ensuring Satisfaction
We believe in transparency. Our agents provide detailed information about the area, infrastructure, amenities, and more. If it’s a resale, we’ll schedule professional viewings. For off-plan properties, we provide high-quality photos, videos, and samples of the materials. Our in-house engineering team can also inspect the property, ensuring there are no hidden surprises.
Negotiating the Best Terms
When it’s time to negotiate, we handle it all. From finalizing the sales contract to managing all necessary documents, we ensure you get the best terms possible.
Securing Proof of Ownership
After everything is agreed upon, we take care of registering the property with the Dubai Land Department and obtaining your title deed or OQOOD (for off-plan). We handle the paperwork—you enjoy the peace of mind.
Post-Sale Concierge Services
Our support doesn’t stop once you’ve made your purchase. From utility connections to interior design, property management, and more,Â
Plata Real Estate is here to assist you throughout your property ownership journey.
At Plata Real Estate, we don’t just sell properties—we build lasting relationships. Let us help you find your dream home or the perfect investment in one of the world’s most dynamic cities.
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