User talk:Modern Town Real Estate
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Buying property in Dubai a complete guide
[edit]Here is a step-by-step complete guide to buying property to help you navigate the buying process and ensure that you have a smooth and successful buying process.
Get Our FREE 3-Step Resource To Dubai & Abu Dhabi Real Estate – purchasing property in dubai
Step-by-Step process on how to buy a property
What documents you require?
What fees you have to pay – price aed asking
How long does the process take?
Best areas
Highest ROI Areas in Dubai?
Best Family communities?
Ideal Holiday Homes Communities?
What to Buy? aed asking price
List of Townhouses/Villas
List of Apartments
Mortgage & Finance Options – book your valuation for propertyaddress
How To Buy Property In Dubai Step By Step Guide
guide to buying property in dubai
Step 1 – Financial Planning
Many have made the mistake of initiating the property buying process without planning their finances. Buyers tend to browse through online advertisements of properties on sale and get disappointed by the fact that the properties that match their requirements, do not match their budget. Therefore it is extremely important to consult a mortgage advisor to get information. The mortgage team of Modern Town Real Estate can help you with their team of experts, who can help you with the information of the finances required.
Step 2 – Make a list of expected features for buying property in dubai foreigners
The next step is to pen down the key property buying features as per your budget for buying a property. Features must include the number of bedrooms required, distance from the workplace, school, hospital, and supermarket. One should also decide the type of property, that is; if one wants to buy an apartment or a villa.
Step 3 – Understand the process of buying property in dubai pros and cons Dubai
There might be various properties for sale in Dubai, but it is important to understand the step-by-step process. Talk to your broker about how to make an offer, how to negotiate for the right price, understand the paperwork required, and get detailed knowledge about NOC (No Objection Certificate), transfer appointments, and handover. Buying a property, a villa or an apartment is expensive and a buyer spends a huge chunk of his/her money on it. It is essential to understand the process and upgrade your knowledge in order to buy a property by following the right process. Step 4 – Inspection buying property in dubai 2022
An open mind and open eyes are two key factors while viewing the property. List down various reasons why and why not to buy a particular property in Dubai before reaching any concluding decision. A property might be furnished in a way that would not match your requirement but a buyer with the help of its broker should develop an ability to see past the present interior and should not focus on the things which can be easily replaced, changed, removed, or modified. The buyer should ask relevant questions to the broker prior to making any decision as buying a property is a significant investment.
Step 5 – Make an offer – buying property in dubai fees
Once a buyer comes to a concluding decision of buying a particular property the next step should be to make a reasonable offer to your broker that suits your budget as a buyer. The broker then will initiate the negotiating process with the seller. This process can be a little time-consuming and would need a lot of discussion but the brokers at Modern Town Real Estate are experts in getting both buyer and seller a fair deal.
Step 6 – Memorandum of Understanding (MOU) – No risks of buying property in dubai
A Memorandum of Understanding (MOU) is a document describing the broad outlines of an agreement that buyer and seller have reached which includes the terms and details of an understanding, requirements or clauses, and responsibilities of both property buyer and property seller. brokers at Modern Town Real Estate will run you through the MOU to ensure that both buyer and seller are aware of the terms mentioned in the document.
Step 7 – Sale Progression
Modern Town Real Estate will ensure a step-by-step one-stop solution for your house buying or selling experience. The in-house sales team will be by your side right from the NOC to the transfer process. Moreover, the document checklist will be provided and checked if every box in the document checklist is ticked by the real estate brokers at Modern Town Real Estate A tiny mistake in real estate can cost you $100k+. The saddest part is, these mistakes are easily avoidable and yet…
….too many Home Buyers & Investors rush into buying a property without having done the proper research
Is the area suitable for investment or family living? What units type should I be buying? Do I have to pay taxes? how much are the service charges? What are Dubai & Abu Dhabi laws for expat home owners?
All these and many more questions have to be answered before buying a property as an expat in Dubai & Abu Dhabi.
guide to buying property in dubaiUsually this research would take lots of effort and time but we wanted to make things easier by gathering all the information and breaking it down into a Simple 3-Step Guide.
So expats don’t go through unnecessary complications when buying a property in Dubai & Abu Dhabi!
Get Our FREE 3-Step Guide Today!
Get Our FREE 3-Step Resource To Dubai & Abu Dhabi Real Estate
Step-by-Step process on how to buy a property
What documents you require?
What fees you have to pay
How long does the process take?
Best areas
Highest ROI Areas in Dubai?
Best Family communities?
Ideal Holiday Homes Communities?
What to Buy?
List of Townhouses/Villas
List of Apartments
Mortgage & Finance Options
Thinking about buying a property in Dubai, but you’re not sure where to start?
What documents you require?
How long is the process?
Besides the price of the property are there any other fees you have to pay?
Taxes to pay?
Maintenance fees etc?
No need to worry, we will cover everything you need to know in this guide….
Step by step process of buying property in Dubai
ABOUT US
We have gathered & combined resources from 40+ trusted officials & professionals in Dubai & Abu Dhabi, for expat home buyers and investors to make the often lengthy and complicated buying process as transparent as possible
So you don’t fall into traps that are easily avoidable
We cover every aspect of the buying: from the property search to the complications you can encounter not only during the buying process but after as well.
With our extensive network throughout UAE we are able to provide the best opportunities that are yet to be released to the general public.
We also cover best mortgage options, recommendations and lifestyle advice from expats home buyers & Investors who have already navigated that journey themselves. 2A00:F29:2B0:F34F:E492:F26:EF76:F0B8 06:55, 5 October 2022 (UTC)