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

4.7 143 Google Reviews

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.

Osama Sakrojeh

Majd has helped me throughout the buying process of our JVC Property. He is very kind and has a really good heart. I would love to work with him in future.

Rafael Dantas

I want to thank Luxliving Real Estate L.L.C. and specially the agent Ahmedyar Khan, who made sure me and my family had a smooth moving process to one of the properties managed by them. In my 11 years in Dubai, with multiple moving during this time, Mr. Ahmed was the first one to provide a service that, in my opinion, was extremely professional and personal. I recommend his services without any reservations. Thank you!

Mira Ahmed

Dolores & Maya were of great help to me and my husband! Would definitely recommend dealing with them. Quite honest, responsive and always there to help!

Amir Moustafa

Sipho is just the most decent helpful person and all the processes took no time with him. Very humble, always on time and explains everything very well, wishing him really the best. God bless him

Hania Albittar

The agent (tarek taj eldin) has excellent knowledge and experience, offered me diverse options and helped me to narrow them down to the one that suits me the most. Very helpful and time saving. Had a great time dealing with him.

Lubna Khalid

My husband and I were late for the viewing with AbdulSalam but he was still very kind and assisted us well throughout the process. He answered all our concerns and was remarkably helpful we were thankful. It was nice meeting you 👍

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