Add Dubai Property to Your Cart and Buy from Anywhere

In response to the changes brought about by the 2020 pandemic, the Dubai Land Department (DLD) officially introduced the ability to conduct purchase, sale, and leasing transactions remotely through specialized online services. This innovation now allows for property transactions and the completion of ownership documentation to be handled entirely online from anywhere in the world. Here’s what you need to do:

STEP 1: MAKE YOUR CHOICE

You decide on the cost, area, and number of rooms of the potential housing. It is worth knowing all the details - check the rental rate, get acquainted with the location, and find out the payment plan. Have you chosen a property? Great, now you need to take care of all the below documents:

• Registration Form A and Form B provided by agents of the parties to the seller and the buyer.
• Purchase agreement (Form F) that must be signed by all parties to the transaction.
• Proof of ownership provided by the seller (Title Deed).
• NOC is a special certificate that guarantees the absence of objections to a property rights transfer and is issued by the developer. Most recently, it has become possible to obtain an electronic version of the certificate, called eNOC, or you can use a smartphone. You need to install the Dubai REST application and the certificate will be available to you from anywhere in the world!
• Passports of the seller and the buyer, and an Emirates ID card if any.

STEP 2: REGISTER FUNDS TRANSFER AND PASS IDENTIFICATION

If you have chosen a house and collected all the necessary documents then you need to register the transfer of the buyer's funds to the seller's account and upload it to the DLD online system. When all the documents are filled in, the transaction is completed, and the future payment is officially registered, DLD will create a video conference with both participants present to confirm the identity of both parties and sign agreements and other documents. This is the most important step in the real estate acquisition process.

STEP 3: MAKE AN ADVANCE PAYMENT AND PAY THE FEE

After confirming the identity of the parties and checking the documents, you can proceed to make an advance payment or transfer the full amount to the seller's IBAN account. Major Dubai developers such as DAMAC, Emaar Properties, Meraas, Dubai Properties, and Select Group offer payment plans in 30/70, 40/60, or 60/40 schemes. In these cases, the payment is usually over a period of 3 to 5 years.

STEP 4: OBTAIN TITLE DEEDS

After completing all stages, you will receive a document confirming your title (Title Deed) and an electronic copy of the registered sales contract. From this moment on, the acquisition of real estate can be considered complete.