Your Guide to Selling Your Dubai Property
If you’ve decided you want to sell or you’re curious about the process, this guide is for you.
Want to know the step by step process of selling your home?
Take a look at our explainer video below
Selling your Dubai property can seem daunting at first.
From mortgages and contracts to documentation and legal fees, no doubt, there
are some important decisions to make. Let’s break them down together.
First things first, choosing
the right agent
The right agent (or agency) could be the difference between ‘For Sale’ and ‘Sold’. When choosing the agent you want to use, consider these questions:
- Do they work for a credible and reputable real estate agency?
- Do they come well recommended or have good third party reviews?
- Do they have a proven track record of selling homes in the area?
At Metropolitan, we have dedicated area agents trained to go above and beyond for each and every client.
To go exclusive?
Exclusivity means giving one agent the rights to broker and market your property. There are many advantages to selling exclusive, such as:
- Avoid different asking prices and mixed messaging of your property
- Get extra marketing support to help your property sell faster
- Deal with one agent at a time with a single line of communication
Get a free consultation from our team
Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.
What documents do I need? And at what cost?
Depending on if you’re cash or a mortgage seller, the documentation required can differ. Besides, all Dubai property sellers need:
To get a detailed breakdown of all of the documents required at each step, and the fees involved, see below.
Valid Passport, Emirates ID and Visa
Passport only
Title Deed/Oqood
What if I’m selling from abroad?
If you’re selling your property from abroad without a UAE bank account, then we can provide escrow services so you can receive your money securely and in compliance with the Dubai Land Department.
Step 1
With verified documents and approved Power of Attorney, the funds from selling your property can be stored safely in an Escrow Account.
Step 2
Our consulting department then has the funds approved by an Anti Money Laundering Officer (AMLO) who verifies the data is clean and legal
Step 3
Subject to AMLO approval, we can then wire the funds directly to your overseas bank account.
If you have any questions about receiving the money from the sale of your property, speak to our consulting specialists today.
If you have any questions about receiving the money from the sale of your property, speak to our consulting specialists today.
Contact us and we will provide you with the comprehensive advice you need
There’s a lot to consider when selling your home. That’s why you need an agent you can trust.
FAQ
The comparative value method is commonly used to value real estate based on purchase prices of similar sold units. More reference values in size, location, condition, and features lead to a more accurate market value determination.
This certificate confirms a clear title on the property, indicating paid service charges and utilities. Essentially, the NOC signifies that the developer has no objections to the property being bought by another individual.
Yes - an open house presents a chance for home sellers to attract potential buyers to the property. A successful event can create buzz around the unit and possibly result in an offer.
In this scenario, the notice of sale is usually distributed to a select group of potential buyers via off-market listing platforms or through networks of buyer's agents. This approach allows the seller to manage who has access to view and inspect the property, while also lowering selling and marketing expenses.
If you want to generate profit, you can rent your property out. This will allow you to take advantage of a constant cash flow.
Contact us and we will provide you with the comprehensive advice you need
There’s a lot to consider when selling your home. That’s why you need an agent you can trust.
Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!