Frequently asked questions

Off plan properties are homes sold before construction is complete. Buyers secure units at launch prices with staged payment plans from the developer.

Yes. Non-UAE nationals can buy freehold in designated areas (e.g., Dubai Marina, Downtown, Palm Jumeirah, Business Bay, etc.).

Typical costs include 4% Dubai Land Department (DLD) registration fee, trustee/admin fees, and—on secondary market—broker commission. Developers may charge Oqood/registration for off plan.

Usually buyers pay 0% on off plan (developer compensates the broker). Secondary market often carries ~2% buyer commission—varies by deal.

Oqood is the pre-title registration for off plan properties with DLD. It links the buyer to the unit until the final title deed is issued at handover.

Most developers offer construction-linked schedules (e.g., 60/40, 80/20) or post-handover plans for a limited period. Exact structure depends on the project.

There is no annual property tax. Owners pay service charges to maintain common areas and utilities; amounts vary by project and size.

Yields vary by location and asset type. Many prime communities range roughly 5–8% gross; new growth areas can differ. I can share up-to-date comps on request.

Yes, several banks lend to non-residents subject to criteria. Maximum loan-to-value is typically lower than for residents. Pre-approval is advisable.

Some banks finance select off plan projects at specific construction stages. Many buyers use cash during build then refinance at/after handover.

Passport copy, address, and buyer information are standard. For mortgages: income proof, bank statements, and additional KYC as required by the lender.

Off plan uses a developer SPA with staged payments and Oqood registration; ready properties transfer via trustee office with immediate title issuance after settlement.

For secondary sales, the developer issues an NOC confirming all dues are cleared so transfer can proceed at the trustee office.

Annual community fees per sq ft covering common area maintenance, security, amenities, and building upkeep. Budget varies by project and specification.

Yes. Properties meeting the minimum value threshold (currently AED 2M+) may qualify. Rules vary—ask me for the latest criteria and process.

Snagging is a detailed inspection at handover to list defects for the developer to rectify. I can arrange professional snagging partners for you.

Permitted in many areas subject to DTCM licensing and building rules. Some communities restrict STRs—check building policies before purchase.

Developers often require an Expression of Interest (EOI) or booking amount with KYC. Priority allocations depend on demand and agent access.

Review track record, RERA project registration, escrow arrangements, delivery history, and quality. I provide a developer brief for each selection.

For off plan, buyer payments are deposited into an RERA-regulated escrow account tied to project milestones, enhancing buyer protection.

Yes, subject to developer/RERA rules (often after a minimum paid-up percentage). A reassignment/transfer is done via the developer/trustee office.

With cash buyers, it can complete within days once NOC is ready. Mortgaged deals usually take longer due to bank formalities and valuation.

Secondary market prices are negotiable depending on demand and seller situation. Off plan may have fixed pricing but launch incentives can apply.

Not mandatory for cash purchases, but useful for payments, utilities, and rental income. Mortgage buyers will require a local account.

For off plan, SPA is usually signed shortly after booking/EOI once KYC is cleared. Timelines vary by developer.

Yes, in many cases. Structure (UAE entity or foreign SPV) depends on the developer and bank if financing. Get tax/legal advice for your jurisdiction.

Depends on entry price, scarcity, and market cycle. Premium launches in prime areas can appreciate before handover, but results vary. I advise per project.

After transfer/handover, you’ll open DEWA and, where applicable, district cooling accounts. I can guide you through the setup steps.

A POA lets a representative sign and complete steps on your behalf. Many overseas buyers use POA to streamline the process.

I benchmark developer quality, payment plans, expected yields, exit liquidity, and resale demand—then shortlist units that match your goals and risk profile.