Selling Guide

To maximize your chances of a timely and profitable sale, prioritize presenting your property in the best possible condition. Address any cracks, defects, or maintenance issues before listing. Consider a fresh coat of paint and a thorough cleaning. Ensure the garden is tidy, especially for villas, to enhance the property's appeal.

Your real estate consultant will perform a market appraisal of your property. Accurate pricing is crucial for selling effectively. Our agents will analyze factors like development, location, and property type to provide pricing guidelines and develop a strategy for the best possible sale.

To list your property, sign Form A and provide a copy of your title deed and passport. Form A is a contract between you and the broker that outlines all terms and is legally required for selling or marketing the property.

Effective marketing is essential for a successful sale. Approximately 70% of homes sell within the first four weeks of listing. Use professional photos and premium listings on major portals to reach a wide audience. Leverage social media and email campaigns for extended reach, ensuring maximum exposure for your home.

Your property consultant will organize viewings with potential buyers. As a specialist, your agent will provide detailed information about the property, community, and pricing. They will also report back on solid leads and handle negotiations with potential buyers based on your pricing range.

When a serious buyer is found, both parties must sign a Memorandum of Understanding (MOU), also known as Form F. The buyer will also provide a 10% security deposit for the property.

If you have a mortgage, the buyer must settle it before the NOC (No Objection Certificate) is issued. Start this process with your bank or lender as soon as you sign the MOU. The bank will issue an account statement, which may take up to two weeks.

To apply for the No Objection Certificate (NOC), all parties must meet at the developer's office. The developer will issue the NOC for a fee (AED 500-5000) once any service charges are settled and modifications are compliant with their guidelines. Processing can take up to 5 working days, and a refundable deposit may be required from the buyer.

Contact your utility providers to initiate disconnection. Ensure all parties are aware of the transfer date and finalize arrangements to avoid delays.

Once the NOC is issued, proceed to the Dubai Land Department to complete the ownership transfer. You will need to pay the purchase price with a manager’s cheque, along with a 4% transfer fee and an admin fee not exceeding AED 4,000. After completing these formalities, a new title deed will be issued in the buyer's name. Any overpaid service charges will be settled pro rata between the buyer and seller.