Buyer's Guide | Luxliving

Buyer Guides

Embark on a journey to homeownership with confidence. Navigating the administrative, financial, and legal intricacies of purchasing a property can vary significantly across different countries. Whether you're a first-time buyer or a seasoned investor, our guide is designed to demystify the real estate process and empower you to make informed decisions. Our comprehensive 10-step buyer's guide is meticulously crafted to guide you through the process, making the transition to your new home in Dubai smooth.

Set a Budget:

Initiate your journey by establishing a budget and ensuring funds are accessible in the UAE for the transfer.

Get a Mortgage:

Engage a reputable mortgage advisor for bank pre-approval. A minimum 20% deposit is crucial for mortgage approval.

Find a RERA-Qualified Broker:

Locate a reliable RERA-qualified broker with customer testimonials. Sign a Form B contract to formalize offer negotiations.

Make an Offer:

Secure mortgage pre-approval and prepare a 10% unit deposit for swift negotiations upon identifying your ideal property.

Pay the Deposit:

Enter into a legally binding Memorandum of Understanding (MoU) or Form F. Complete the transaction through the Dubai Brokers App. Include a 10% unit price cheque and a post-dated commission cheque.

Hire a Conveyancer:

Enlist professional conveyancers for guidance through the sales process. They provide support at every stage.

Obtain the NOC:

Before purchase, ensure the seller obtains a No Objection Certificate (NOC) from the property's developer, confirming no outstanding service charges.

Block the Property:

If there's an existing mortgage, undergo the 'blocking' process. Obtain a liability letter, then visit the Dubai Land Department (DLD) to 'block' the property through specified cheques.

Transfer the Property:

Meet at the broker's office on transfer day with your conveyancer and the seller. Prepare cash or manager's cheques for the purchase and a 4% transfer fee cheque for DLD.

Congratulations and Final Steps:

Celebrate becoming a homeowner! Ensure all utilities are registered in your name, completing the final steps in your homeownership journey.

Happy Customers in Dubai's Real Estate Market

4.7 147 Google Reviews

Anood Haddad

Dolores is fantastic to work with. She is patient and guided me throughout all the process. She even provided helpful contacts and advice to make this as smooth as possible. This is the second time I work with Dolores and she has the best customer service ever when it comes to your real estate needs!

Elie Nasr

I recently had the pleasure of working with Patricia and I cannot recommend her highly enough! From start to finish, she was professional, knowledgeable, and incredibly attentive to my needs. Her deep understanding of the local market helped me find the perfect home at a great price, and her negotiable skills were top-notch.

Diana Obath

Majd was just excellent. Patient and diligent. He took his time to show me a number of properties until I got what I wanted. I can’t recommend him enough. The kind of real estate agent you want to work with in Dubai.

Yener Aydin

I recently purchased a house through Luxliving, and I had a good experience. Dolores provided a good service throughout the process, making everything smooth. Definitely recommend.

Singh Chandan

I had a wonderful experience with Mr. Majd for a townhouse leasing in Dubai. He engaged holistically in the transaction and site visits. I appreciate the due diligence and time he end up putting to ensure that both parties' queries and concerns are addressed before finalizing the deal. Thanks, Majd and Luxliving team.

Evgeniia Kovtun

Want to say thank you so much to Annelie for her quick work and she found for us great apartment to live. Annelie support us on each step for the apartment. I want to recommend this agency and Annelie as professional team to work with!

Nikolai Medvedev

I refer my friends to Annelie, I think she is a true professional in Dubai real estate. I know her for six years and keep coming to her with my new requests, big and small. She is quick with answers on whatsapp / phone and provides knowledgable feedback. I think she will understand what you are looking for and will offer you a great option, even if that option was not on your radar initially.

Sergey Blinov

Annelie was extremely helpful, showed the apartments and proposed various options and we have quickly executed the lease, thanks to Annelie.

Lena Bashir

Want to thank Majd for his great service during my recent interaction with him. He is too dedicated and committed to his work. Majd is always available across the clock to support when needed.

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