Frequently Asked Questions on Real Estate Dubai

The steps of buying a property in the UAE include: 

• Finding the right home that suits your budget & preferences. 
• Formulating a contract between seller and buyer 
• Applying for a no-objection certificate 
• Transfer of property ownership. 

It’s relatively simple to buy a property in Dubai. however, having a real estate agent in Dubai on your side can make your process seamless. 

Yes, you can own 100% of your property in Dubai. In prime areas like Downtown Dubai, Dubai Marina, Palm Jumeirah, Jumeirah Beach Residence, and Emirates Hills, non-UAE nationals were allowed to own freehold properties without the need for a local sponsor or partner. 

The UAE is a tax-less country, so there are no taxes on property or any income you generated inside the counter.

The down payment can vary from project to project. But in certain cases, you will be required to provide a token fee as an expression of interest, to hold your chosen unit. This payment can start from as little as AED 20,000. 

Yes, it is very easy to finance the purchase of a property in Dubai. Mortgages and loans can be sourced easily from banks with the help of mortgage advisors. On the other hand, many developers provide flexible payment terms making it easier for the buyer to purchase the property in Dubai. 

You can list your property with MTR Properties' active listings to sell faster. You will need FORM A to formally start the marketing and brokering of your property to the agent. This form include – the property details, agents commission, service charges, payment mode, mortgage status, condition of the property, and other listing details. To list your property with us, contact our real estate agents.

To sell your property in Dubai, you will the following documents: 

• A title deed 
• A no-objection certificate from the developer to confirm that the property is free from any outstanding mortgages or unpaid fees. 
• Your original passport 
• An inspection report stating the current state of the property. 

In case, if your property is rented out, you will need a copy of your tenancy contract. 

The services of real estate agents are more usually engaged when it comes to selling a property in Dubai. They can assist you with finding potential buyers and help you in preparing all the required paperwork to make the process easier. 

The best time to sell your property in Dubai depends on the current market condition, and the demand for ready-to-move-in property, says Tarlan Musaev, the CEO of MTR Properties. 

The Dubai real estate market will continue to spike up around 4.5% to 5% in the upcoming years. 

The property transfer fees include Dubai Land Department (DLD) fees, which is 4% of the total value of the property. DLD fees in Dubai is legally divided between the buyer and seller which is 50% each. 

Off-plan property refers to real estate developments that are still under construction or in the development stage. Buyers will get an opportunity to purchase these properties before they are completed with simple & flexible payment terms. 

• Off-plan properties often come at a lower price compared to completed properties.
• Buyers can choose from a wide range of options and locations.
• Potential for capital appreciation as the property appreciates in value during construction.
• Payment plans are typically more flexible.

Purchasing off-plan property in Dubai worth AED 2 million can make buyers eligible for the Golden Visa, providing them and their family to enjoy a long-term residency in the UAE for over 10 years. 

“Property investment should meet a minimum threshold of AED 2 million”. This is the eligibility criteria for getting the Golden Visa in Dubai. The visa is typically granted to the property owner, their spouse, and children. 

Buying off-plan property can be considered an eligible investment for the Investor Visa program, provided it meets the minimum investment requirements of AED 75,000 to AED 1 million as set by the Dubai authorities. The eligible investors will get a residency visa in Dubai valid for 3 years. 

Payment plans vary, but they often include a down payment followed by installment payments linked to construction handover. Some developers offer post-handover payment plans, allowing buyers to pay a portion of the property price after taking possession.

Hire a real estate agent with expertise in off-plan properties. At MTR Properties in Dubai, we assist buyers and foreign investors in finding the right property in Dubai.

Palm Jumeirah, the man-island is the home to Dubai’s most popular and luxurious residential communities in Dubai. 

Dubai Marina Palm Jumeirah, Downtown Dubai, Jumeirah Beach Residence (JBR), Jumeirah Lake Towers (JLT), Jumeirah Islands, and Barsha Heights are some of the best communities to live in Dubai.

Dubai offers a wide range of communities including beachfront communities, nature-filled serene communities, golf course communities, and suburban developments. 

Yes, there are many family-friendly communities in Dubai with schools, parks, playgrounds, and other amenities suitable for families & kids. The Springs, Arabian Ranches, Jumeirah Park, and Dubai Hills Estate are some of the family-friendly communities in Dubai. 

Yes, Dubai has several gated communities that offer enhanced security and privacy. Emirates Hills is a very sought-after community, as it provides houses surrounded by breathtaking sceneries. 

Yes, expatriates can purchase property in designated areas of Dubai, typically in freehold or leasehold areas, depending on their nationality and the property type.

Yes, expats can get up to 80% of the total property value as a mortgage, which means you have to manage the initial deposit of 20% to pay a downpayment to buy your property in Dubai. 

Top 5 UAE Banks to get a mortgage loan is: 

• RAK Bank 
• Standard Chartered Bank
• ADCB
• Ajman Bank 
• ADIB 

With strong access to the leading UAE banks, our mortgage advisors will help you to find the right mortgage rates in the UAE. 

Yes, both residents and non-residents can obtain a mortgage to finance their property purchase in Dubai. UAE residents can get up to 80% and non-residents up to 50% mortgage in the UAE. At MTR Properties, our mortgage advisors can help investors find the right mortgage option from the best banks in the UAE. 

Get pre-approved for a mortgage by providing the following documents: 

• Passport, Visa, and Emirates ID copy.
• Salary certificate (if employed)
• Bank statements for the previous 3 or 6 months.
• Copy of utility bills as proof of address 

You can contact us through our website's contact form, via email at contact@mtr.ae, or by phone at +971 56 933 2607. Our team is here to assist you with any inquiries or to schedule a consultation.

We specialize in a wide range of properties in Dubai, including residential apartments, villas, commercial spaces, and plots/lands for development. Our team of experts can assist you in finding the perfect property to suit your needs.

Yes, all our real estate agents are licensed professionals with extensive experience in the Dubai real estate market. They are well-equipped to guide you through every step of the buying, selling, or renting process.

You can list your property with us by contacting our team directly. We will assess your property, discuss your goals, and create a tailored strategy to maximize its exposure to potential buyers or tenants.

Yes, you can browse our extensive portfolio of available properties available for sale, rent & off-plan on our website. We update our listings regularly to provide you with the latest options.