Buying a villa in Dubai is a dream of many who want to combine comfort, luxury and profitable investments. However, in order for this process to go as smoothly as possible and without unpleasant surprises, it is important to prepare carefully, especially to collect a full package of documents and follow all the necessary rules. Before Villa to buy in Dubai , you need to consider several important factors.
Important steps when buying real estate in Dubai
The first and most important step is collecting documents, without which the purchase of real estate is impossible. First of all, the buyer must have a valid passport, which will become the main identification document. You also need to prepare copies of the passport and, if available, a UAE resident visa. A health certificate and documents confirming the source of income are often required to show the legality of the funds for the purchase of real estate.
After choosing a suitable property, it is worth getting the title deeds for the villa from the seller. These can be certificates of ownership, extracts from the land registry, as well as certificates confirming the absence of debts and encumbrances on the property. Checking the legal purity of the property is a key step that will help to avoid risks when completing the transaction.
An important point is to comply with the rules for purchasing real estate by foreigners in Dubai. The legislation of the emirate allows foreigners to purchase real estate in specially designated freehold zones – this means full ownership of the property and land. Buying a villa outside such zones may have restrictions or require additional approvals from the authorities. Therefore, it is worth carefully studying the territory on which the villa is located and obtaining the relevant information from the developer or agent.
How to draw up a contract?
Next comes the execution of the purchase and sale agreement, which must contain all the important information about the transaction:
- details of the seller and buyer;
- description of the property;
- price;
- terms of payment;
- terms of transfer of real estate.
The contract is usually signed in the presence of a notary or an authorized representative of the Dubai Land Department, who also registers the transaction and confirms ownership.
When buying a villa, it is important to consider the financial side – the presence of additional payments, such as registration fees, agency commission, and possible taxes. Usually, the registration fee is about 4% of the property value, and it is paid by the buyer. To avoid unexpected expenses, you should clarify all the conditions in advance and get advice from experienced lawyers or realtors.