19/07/2023
Did you know that foreigners can easily purchase residential properties in Dubai, even if they're not residents?
At Fletch Properties, we're here to assist you through each step of buying a property from a developer in Dubai, regardless of your residency status.
Here's a breakdown of what you need to know.
Requirements:
> Passport Copy (including a Resident Visa & Emirates ID if available)
> Email ID
> Phone Number
> Residential Address with postal code
Step-by-step Guide:
1. Our experienced broker will assist you in selecting the perfect property.
2. Once you've chosen a property, you'll sign a Booking Agreement and pay the registration fees.
3. The developer will then prepare the Sales and Purchase
Agreement (SPA).
4. The SPA will be Shipped to your home address or you can personally collect it.
5. During the construction phase, you'll receive an off-plan property ownership certificate (0Q00D)
Additional Information:
> To register the property under your name, you'll need to pay 4% of the total amount to Dubai Land Department (DLD).
> Developers offer flexible payment plans, typically requiring down payment of 10-20%.
> Dubai is a tax-free emirate, making it an attractive destination for investors and residents alike.
