Distressed Property in Dubai

Distressed properties are a highly advantageous proposition to investors, since they are usually sold way below market value. In this case, the seller is extremely motivated and offers a generous discount to increase the speed of transaction. This way, you have the opportunity to buy a property at a bargain as it is much lower than its original or current market price.

You have to take into account the following fees, in addition to the property costs itself:

• The DLD fee is the cost of registering a transaction with the Dubai Land Department (DLD).
• A property registration fee is charged by the DLD and is based on the value of the real estate.
• The Title Deed costs AED 250 (USD 68).
• The security deposit amounts to at least 10% of the property value.
• The real estate agent fee is the payment for services provided by the agent.

DISCLAIMER: Fees depend on the type and cost of the property you choose to acquire and may change periodically.

Metropolitan Premium Properties offers an extensive selection of distressed properties across the emirate. We will accompany you at every stage of the transaction to protect you from any risks and protect your capital. Our experts offer professional inspections and can help with financing repairs, if needed. If you are looking to rent your property out afterwards, you are welcome to use our property management service. This way you will get to enjoy passive income, whilst our specialists handle each and every aspect – from finding tenants to dealing with bounced cheques.