You must visit the Dubai Land Department in order to register your property. The service
from a legal aspect manages all trading for real estate in the city of Dubai. The procedure of
that which assists in monitoring and improving security and transparency in real estate. The
transactions regulated by real estate developers are recorded through the developers' self
registration system. Rest transactions must be completed by the owner(s)/their
representatives, with an official POA (power or attorney) at the DLD centres located across
Dubai.

The Dubai Land Department (DLD) is a government entity in Dubai, United Arab
Emirates (UAE) that is responsible for regulating and overseeing the real estate sector in the
emirate. It was established in 1960 and is responsible for managing and overseeing all
transactions related to the buying, selling, and leasing of properties in Dubai.
The DLD provides a range of services related to real estate transactions, such as
registration of deeds and title documents, transfer of ownership, and issuance of property
related certificates. It also regulates and licenses real estate developers, brokers, and
agents, and provides information and statistics about the real estate market in Dubai. The
DLD plays a vital role in promoting Dubai's real estate sector and attracting foreign
investment in the emirate.

YES, all real estate transactions in Dubai should be registered with the Dubai Land
Department (DLD). This is a legal requirement in Dubai and failure to do so can result in
penalties and fines. Registering a real estate transaction with the DLD helps to ensure that
the transaction is legal, transparent, and secure. It also provides protection for the rights of
the parties involved in the transaction.
The DLD oversees the registration of deeds and title documents, transfer of ownership, and
issuance of property-related certificates. It is responsible for maintaining an accurate and up
to-date record of all real estate transactions in Dubai. By registering a real estate transaction
with the DLD, the parties involved can be assured that their interests are protected and that
the transaction is legally binding.

The types of real estate in the UAE include:

• Residential Real Estate: This includes apartments, villas, townhouses, and other
  residential properties that are used for living purposes.
• Commercial Real Estate: This category includes office buildings, retail spaces,
  hotels, warehouses, and other commercial properties that are used for business
  purposes.
•  Industrial Real Estate: Industrial real estate includes properties used for
  manufacturing, production, and storage purposes. This category includes factories,
  warehouses, and distribution centres.
•  Land: This category includes vacant land, agricultural land, and land used for
  development.
• Mixed-use Real Estate: This type of real estate combines residential, commercial,
  and/or industrial spaces in a single property. This could include a building with shops
  on the ground floor and apartments on the upper floors.

Special Purpose Real Estate: This category includes properties that are designed for
a specific purpose, such as hospitals, schools, sports facilities, and other specialized
properties.

The UAE's real estate market is diverse and offers a wide range of options for investors and
buyers.

Foreign ownership is permitted in areas designated as freehold. Foreigners (who are not
residents) and expatriate residents may acquire freehold ownership rights over property
without restriction, usufruct rights, or leasehold rights for up to 99 years.
UAE and GCC citizens and companies incorporated in the UAE (aside from free zones) that
are wholly owned by UAE or GCC citizens have the right to hold freehold title to real estate

Usually, a property transaction takes about four weeks, from the day the Sales
and Purchase Agreement (SPA) is signed. However, different variables can affect the
timelines, such as the time of the year, the type of seller etc. For instance, a cash-to-cash
transaction will always go faster than a mortgage-based transaction.

Firstly, a property cannot be established, transferred or removed, unless there is an official
property registration under it. A sale deed has to be registered at the sub registrar’s office,
after which the property gets transferred to the new owner. For transfer and registration, the following steps are essential.

Due Diligence - This process is to confirm that the seller has complete authority to sell the
concerned property. Generally, property due diligence includes reviewing the title
documents, physically inspecting the property, and examining the property register, if
possible.

Term Sheet & Sale Contract:
The Term Sheet is usually valid for a limited duration, until the signing of the sale contract,
and is subjected to completion of satisfactory due diligence.
The Sales and Purchase Agreement (SPA) must have details of the property, identity of
the buyer & seller, purchase price, payment terms, governing law, dispute resolution, and a
termination clause. If the authorities have specified a standard sales contract, then that
template should be used with an annexure setting out the additional terms.

No Objection Certification:
The seller must present a letter of authorization (NOC) to transfer the ownership. The
concerned developer will then issue the authorization upon fee. A transfer fee is payable if
you transfer your property to someone else. It is an administrative charge levied by the
primary developer.

Transfer of ownership
To legally transfer the property, the seller must then submit these documents to the Dubai
Land Department, under an official and existing registration of the concerned property.

A freehold property in Dubai is a type of property ownership that allows the owner to have
complete ownership and control of the property for an indefinite period of time. In other
words, the owner has full rights to use, sell, lease, or develop the property as they see fit,
without any restrictions from the government or any other third party.
In Dubai, freehold ownership of property is typically available to UAE nationals, GCC
nationals, and foreigners who hold a valid residence visa in the UAE. Freehold properties in
Dubai can include residential, commercial, and industrial properties, as well as land.
Freehold ownership of property in Dubai was first introduced in 2002, as part of the
government's efforts to attract foreign investment and promote the real estate sector in the
emirate. Since then, Dubai has become one of the most popular destinations for real estate
investment in the region, thanks in part to its favorable business environment and
liberal property ownership laws.
Overall, freehold ownership of property in Dubai offers many benefits to investors and
buyers, including long-term ownership rights, full control over the property, and the ability to
generate income through rental or development activities.

Leasehold ownership of property in Dubai is often used for properties that are located on
government-owned land under a fixed period of time (max. 99 years or less), such as in
certain areas of the city or in designated free zones. In these cases, the lessee is granted a
long-term leasehold interest in the property, which allows them to use and develop the
property for a specific period of time.
Leasehold ownership of property in Dubai can offer certain benefits to investors and buyers,
such as lower upfront costs and the ability to generate income through rental or development
activities. However, it's important to note that leasehold properties come with certain
restrictions and limitations, such as the need to obtain permission from the landowner for
certain activities and the requirement to renew the lease at the end of the term.

Ownership: Freehold property in Dubai provides the owner with complete ownership
rights over the property, while leasehold property provides the owner with a leasehold
interest in the property for a specific period of time.

Duration: Freehold ownership is indefinite and does not have a set duration, while leasehold
ownership is for a specific period of time, usually 99 years.

Restrictions: Freehold ownership allows the owner to use, sell, lease, or develop the
property as they see fit, without any restrictions from the government or any other third party.
Leasehold ownership, on the other hand, may come with certain restrictions and limitations,
such as the need to obtain permission from the landowner for certain activities and the
requirement to renew the lease at the end of the term.

Cost: Leasehold ownership can be less expensive upfront since the owner does not have to
pay the full purchase price of the property.

However, leasehold ownership may come with
additional fees and costs, such as lease renewal fees and service charges.

1- Purchasing a property in the secondary market of Dubai involves buying a property
that is already owned by someone else. Here are the general steps involved in the
process.

2- Property Search: Search for properties that are listed on online portals, through real
estate agents, or through other sources.

3- Property Viewing: Once you have identified a property that you are interested in,
arrange a viewing to inspect the property in person and assess its condition.

4- Offer and Negotiation: If you are interested in purchasing the property, you will
typically make an offer to the seller. The seller may accept the offer, or may counter
with a different offer. This process may involve some negotiation until both parties
agree on the terms of the sale.

5- Sales and Purchase Agreement: Once the offer is accepted, a sales and purchase
agreement will be drafted and signed by the parties. This document will outline the
details of the transaction, including the purchase price, payment terms, and any
conditions or contingencies.

6- Payment: The buyer will typically be required to make a deposit or down payment to
secure the property, followed by additional payments as outlined in the sales and
purchase agreement.

7- Transfer of Ownership: The buyer and seller complete the transfer of ownership by
submitting the required documents to the Dubai Land Department. These documents
typically include the sales and purchase agreement, the NOC, and other legal and
financial documents.

8- Registration and Fees: The Dubai Land Department will process the transfer of
ownership and register the property in the buyer's name. The buyer will be required
to pay the necessary registration fees and taxes.

9- Issuance of Title Deed: Once the transfer of ownership is complete, the Dubai
Land Department will issue a title deed to the buyer, which serves as proof of
ownership.

It's important to work with a qualified real estate professional or legal expert who can guide
you through the process and ensure that all legal and financial requirements are met.

1- Purchasing a property in the off-plan market of Dubai involves buying a property that
is yet to be constructed. Here are the general steps involved in the process.

2- Property Search: Search for off-plan properties that are listed on online portals,
through real estate agents, or through other sources.

3- Project Research: Once you have identified a property that you are interested in,
research the developer, the project location, and the project timeline to ensure that it
aligns with your requirements.

4- Reservation and Expression of Interest: To reserve the property, you will typically be
required to sign an expression of interest form and pay a reservation fee, which is
usually around 5% to 10% of the purchase price.

5- Sales and Purchase Agreement: Once the expression of interest is accepted, a sales
and purchase agreement will be drafted and signed by the parties. This document
will outline the details of the transaction, including the purchase price, payment
terms, and any conditions or contingencies.

6- Payment Plan: The developer will typically offer a payment plan for off-plan
properties, which outlines the payment schedule over the course of the construction
period. This payment plan may involve a down payment followed by installment
payments based on construction milestones.

7- Construction and Handover: Once the property is completed, the developer will issue
a notice of completion and arrange for a handover of the property. This may involve
an inspection of the property to ensure that it meets the agreed-upon specifications.

8- Transfer of Ownership: The buyer and developer complete the transfer of ownership
by submitting the required documents to the Dubai Land Department. These
documents typically include the sales and purchase agreement, the NOC, and other
legal and financial documents.

9- Registration and Fees: The Dubai Land Department will process the transfer of
ownership and register the property in the buyer's name. The buyer will be required
to pay the necessary registration fees and taxes.

10- Issuance of Title Deed: Once the transfer of ownership is complete, the Dubai
Land Department will issue a title deed to the buyer, which serves as proof of
ownership.

It's important to work with a qualified real estate professional or legal expert who can guide
you through the process and ensure that all legal and financial requirements are met.

1-Estate Agent Commission: If a real estate agent is involved in the transaction, they may
charge a commission fee, which is typically 2% to 3% of the purchase price.

2- Gift Transfer: This type of transfer is used when a property is gifted from one party
to another.
DLD transfer fee is typically 0.125% from the evaluation (It should be not less than 2,000
AED) + 560 AED (if apartment or villa) or 410 AED (if land).
Registration Trustee fees:
4,000 AED + 200 AED (5% VAT) if the price of the property is equal or more than 2 Million
AED.
2,000 AED + 100 AED (5% VAT) if the price of the property is less than 2 Million AED.

3- Mortgage Transfer: A property mortgage in Dubai allows a buyer to purchase a
property using financing from a bank or other financial institution.
DLD transfer fee is typically 4% of the selling price of the property + 580 AED (if apartment
or villa) or +430 AED (if land), adding to this 0.25% of the mortgage value to DLD + AED
290.
4,000 AED + 200 AED (5% VAT) if the price of the property is equal or more than 500,000
AED.
2,000 AED + 100 AED (5% VAT) if the price of the property is less than 500,000 AED.

When buying a property in Dubai, there are several documents that are typically required to
complete the transaction. Here are some of the most common documents that buyers need
to provide:
1- Reservation Form or Expression of Interest (EOI): This document is usually the first
step in the process of buying off-plan property. It outlines the terms of the
reservation, including the property details, purchase price, payment terms, and any
other relevant information. Once the reservation form is signed and the reservation
fee is paid, the buyer's interest in the property is secured.

2- Passport: A copy of the buyer's passport is required for identification purposes.

3- Visa: A copy of the buyer's UAE visa is required for residency verification.

4- Emirates ID: A copy of the buyer's Emirates ID is required for residency verification.

5- Proof of Address: A recent utility bill or other document showing the buyer's address
is required for residency verification.

6- No Objection Certificate (NOC): If the property being purchased is in a building or
community managed by a homeowner’s association, the buyer may be required to
obtain a NOC from the association.

7- Power of Attorney: If the buyer is unable to be present for the property transfer, they
may need to provide a power of attorney document authorizing someone else to act
on their behalf.

8- Sales and Purchase Agreement (SPA): This document outlines the details of the
transaction, including the purchase price, payment terms, and any conditions or
contingencies.

9- Mortgage Documents: If the property is being purchased with a mortgage, the buyer
will need to provide documentation related to the financing arrangement.

10- Title Deed: In the case of ready property, the title deed is the legal document that
proves ownership of the property. The seller will need to provide the original title
deed at the time of transfer.

It's important to note that the specific documents required may vary depending on the type of
property being purchased, the financing arrangement, and other factors. It's always a good
idea to work with a qualified real estate professional or legal expert who can guide you
through the process and ensure that all necessary documents are properly prepared and
submitted.

YES, down payments and payment plans vary significantly between developers. Payment
plans for off-plan properties can range from monthly instalments % during construction to 5
years after completion. Extended post-completion payment plans may eliminate the need for
mortgages; however, pre-completion payment plans (Generally 40/60 percent of the total
sales price) can be aggressive. First-time buyer mortgages typically require 20/25 percent of
the purchase price in equity. The number and rate of instalments are determined by the
buyer's residency, the length of the mortgage, and the property value.

YES, the real estate investor who owns a property equally valued at AED 750,000 or more at the time of purchase to apply for a two years renewable residency visa, and the husband or wife and children can be sponsored.

Golden Visa (10 years) can be obtained when purchasing a property ready and not under
construction for Dh2 million or more, and the husband or wife and children can be
sponsored.

No, for an off-plan project, the connection of facilities takes place upon final payment and
handover of the property. If the property is purchased under the secondary market, the seller
must clear all balances.

Rent-to-own is an arrangement between a developer and buyer that allows a buyer to pay
rent and save for a down payment simultaneously. The scheme is getting popular since DLD
launched the rent-to-own service, a specific title deed registers to provide a clear legal
framework to facilitate such transactions.
For buyers, this arrangement removes the pressure of a minimum 25% down payment and
helps them enter the property market faster. As a mutually beneficial agreement, developers
also gain access to a broader pool of buyers, who may not have a large down payment.

Buying to let is a lucrative investment as rentals remain the popular choice for buyers looking
to make a steady investment with attractive property prices and payment plans, and more.
Investors looking at buy-to-let properties in Dubai can expect an ROI starting from 6%
depending on areas.
Investors can also benefit from the high demand for short-term rental and tap into the big
tourist turnover in the city by investing in an apartment or villa and placing it on short-term
rent, an increasingly popular choice for tourists looking for a "homely" and authentic travel
experience.

Oqood is an online real estate registration system introduced by the Dubai Land
Department (DLD) in 2011. It is an electronic system that facilitates the registration of off-plan
property sales in Dubai.
The Oqood system is designed to protect the rights of investors who purchase off-plan
properties in Dubai. It requires developers to register their projects and obtain necessary
approvals from the relevant authorities before they can sell off-plan properties in Dubai. It also
provides transparency and accountability in the off-plan property sales process.
Once a developer registers a project on the Oqood system, they are required to provide
detailed information about the project, including the location, size, and price of each unit.
Buyers can then register their interest in the project and make payments through the system.
The Oqood system also provides a mechanism for tracking the progress of the project and
ensures that the developer complies with the agreed-upon terms and conditions. This helps
to minimize the risk of fraud and protects the interests of both developers and buyers.

A title deed in Dubai is a legal document that proves ownership of a property. It is issued by
the Dubai Land Department and contains important details about the property, including its
location, size, and ownership history.
When a property is purchased in Dubai, the buyer receives a title deed as proof of ownership.
The title deed includes the name of the owner or owners, the size and location of the property,
and any restrictions or liens on the property.
It is important to keep the title deed safe and secure, as it is required for any transactions
involving the property, such as selling or leasing it. If the title deed is lost or damaged, the
owner can apply for a replacement from the Dubai Land Department.
When a property is sold or transferred to a new owner, the title deed is updated to reflect the
change of ownership. This ensures that the new owner has legal rights to the property and
can make use of it as they see fit, subject to any restrictions or regulations in place.

NOC stands for No Objection Certificate in the real estate industry in Dubai. It is a legal
document issued by the Dubai Land Department (DLD) that confirms that the current owner
of a property has no objection to the transfer of ownership or the registration of a mortgage on
the property.

Before a property can be sold or mortgaged in Dubai, the buyer or lender is required to obtain
NOC from the current owner of the property. This ensures that the transaction is conducted
legally and that there are no disputes over the ownership of the property.

The NOC is issued by the DLD once the current owner has confirmed that they have no
objection to the transfer of ownership or registration of a mortgage. It is an important document
that is required for any legal transaction involving property.

In addition to the NOC, other legal documents may be required for property transactions in
Dubai, including a title deed, sales agreement, and mortgage agreement. It is important to
consult with a qualified legal professional to ensure that all necessary documents are in order
before conducting any real estate transactions in Dubai.

RERA stands for Real Estate Regulatory Agency, which is the regulatory body established by
the Government of Dubai to regulate and oversee the real estate industry in Dubai. It was
established in 2007 under the Dubai Land Department.
RERA is responsible for regulating and supervising the real estate sector in Dubai by enforcing
laws, regulations, and guidelines related to the industry. It aims to protect the rights of all
participants in the industry, including developers, brokers, buyers, and sellers.
RERA is responsible for the management and implementation of various laws and regulations,
including the Real Estate Regulatory Law, the Rental Law, and the Strata Law. It provides
licensing and registration services to real estate companies, brokers and agents, and also
oversees the issuance of permits and approvals for real estate projects.
RERA also provides dispute resolution services, including mediation and arbitration, to help
resolve disputes between parties in the real estate industry. It also provides information and
advice to the public regarding the real estate industry in Dubai, including market trends,
regulations, and legal requirements.

DEWA stands for Dubai Electricity and Water Authority. It is a government-owned utility
company that is responsible for providing electricity and water services in Dubai. DEWA was
formed in 1992 by the Dubai government to provide reliable and sustainable electricity and
water services to the residents and businesses in Dubai.
DEWA generates and distributes electricity and water to over 800,000 customers in Dubai. It
operates and maintains power plants, transmission and distribution networks, and water
treatment plants across the emirate. DEWA is also responsible for managing and conserving
water resources in Dubai, including groundwater, seawater, and treated wastewater.
DEWA is committed to providing high-quality and sustainable utility services to its customers.
It has implemented several initiatives to promote energy conservation and sustainability,
including the Dubai Clean Energy Strategy 2050, which aims to make Dubai a global hub for
clean energy and green economy.

To apply for DEWA services in Dubai, you can follow these steps:
1- Visit the DEWA website (www.dewa.gov.ae) or download the DEWA app on your
mobile device.
2- Click on the "Register" or "Sign Up" button to create a new account.
3- Fill in your personal details, including your name, email address, phone number,
and Emirates ID number.
4- Choose a username and password for your account.
5- Once you have created your account, log in to the DEWA website or app and click on
"New Connection" to apply for a new service.
6- Select the type of service you want to apply for, such as electricity, water, or both.
7- Fill in the required details, including your Emirates ID number, property details,
and contact information.
8- Upload any required documents, such as your Emirates ID or tenancy contract.
9- Review your application and submit it.
10- Once your application is processed and approved, DEWA will contact you to arrange
for the installation of the service.

Ejari is an online registration system used in Dubai to register rental and lease agreements for
properties. It was introduced by the Dubai Land Department (DLD) in 2007 to regulate the
rental market and to protect the rights of landlords and tenants.
Ejari is a mandatory requirement for all rental and lease agreements in Dubai. Landlords and
tenants are required to register their rental or lease agreements with Ejari within 30 days of
signing the agreement. Failure to register the agreement can result in penalties and fines.
The Ejari system provides a secure and transparent platform for registering rental and lease
agreements. It provides a standardized format for rental agreements and ensures that all legal
requirements are met. The system also helps to prevent disputes between landlords and
tenants by providing a clear record of the terms and conditions of the rental agreement.
Once a rental or lease agreement is registered with Ejari, the landlord and tenant will receive
a unique Ejari registration number. This number is required for any legal transactions related
to the rental agreement, such as renewals or termination of the agreement. It is also required
for obtaining utilities services, such as electricity and water, for the property.

To register Ejari in Dubai, follow these steps:

1- Obtain all the necessary documents for Ejari registration, including a copy of
the tenancy contract, Emirates ID of the tenant and landlord, title deed or letter from
the landlord proving ownership of the property, and DEWA bill (if applicable).

2- Visit the Ejari website (www.ejari.ae) and create an account.

3- Log in to your account and select "New Registration."

4- Fill in the required details, including the property details, tenancy contract details,
and contact information for the landlord and tenant.

5- Upload all the required documents and review the information for accuracy.

6- Pay the Ejari registration fee, which varies depending on the type of property and the
length of the tenancy contract.

7- Once your registration is complete, you will receive an Ejari registration number which
you can use for any legal or administrative procedures related to the tenancy contract.

A security deposit is a sum of money paid by a tenant to a landlord at the start of a rental
agreement. It is intended to cover any damages or unpaid rent that may occur during the
tenancy. In Dubai, a security deposit is usually 5% from annual rent, although it can sometimes
be higher.
The security deposit covers any damages caused by the tenant that are beyond the normal
wear and tear of the property. This includes damage to appliances, fixtures, or furnishings, as
well as damage to the walls, floors, or ceilings. If the tenant fails to pay rent or utilities, the
security deposit can be used to cover these costs as well.
When a tenant moves out of the property, the landlord will inspect the property and deduct the
cost of any damages or unpaid rent from the security deposit. If there are no damages or
unpaid rent, the security deposit should be returned to the tenant within 14 days of the end of
the tenancy.
It is important for tenants to carefully inspect the property before moving in and to document
any existing damages or issues. This can help to prevent disputes with the landlord over the
return of the security deposit at the end of the tenancy.

When renting a property in Dubai, there are typically three types of deposits that a tenant may
be required to pay:
1- Security Deposit: The security deposit is 5% of the annual rent paid by the tenant to
the landlord at the start of the tenancy. It is intended to cover any damages or unpaid
rent that may occur during the tenancy.
2- Ijari fee 225AED.
3- Agency Commission: If you are using the services of a real estate agent to find a rental
property, you may be required to pay an agency commission. This is a fee that is
typically equivalent to 5% or 10% (depending on the type of property) of the annual
rent and is paid to the agent for their services.
4- Utility Deposit: A utility deposit is a sum of money paid by the tenant to the utility
company, such as DEWA or Empower, to cover any outstanding bills or charges. The
amount of the utility deposit varies depending on the type of property and the utility
company.
It is important to carefully read the rental agreement and understand the terms and conditions
before paying any deposits. You should also ensure that you receive receipts or other
documentation for any deposits paid and that you understand the process for the return of the
deposits at the end of the tenancy.

To qualify for a tenancy agreement for a property in Dubai, you will typically need to provide
the following documents:

1- Passport copy: You will need to provide a copy of your passport, which includes
your personal information and visa details.

2- Emirates ID: You will need to provide a copy of your Emirates ID, which is a
mandatory identification card for residents in the UAE.

3- Proof of income: You will need to provide proof of your income, such as a salary
certificate or bank statement. This is to ensure that you have the financial means
to pay the rent.

4- Tenancy contract: If you are transferring from another property in Dubai, you may
be required to provide a copy of your previous tenancy contract.

5- Reference letter: Some landlords may require a reference letter from your previous
landlord or employer to confirm your character and financial stability.

6- Security deposit: You will need to pay a security deposit, which is typically
equivalent to one month's rent. This is to cover any damages or unpaid rent that
may occur during the tenancy.

7- Ejari registration: You will need to register the tenancy agreement with Ejari, which
is a mandatory requirement for all rental agreements in Dubai.

It is important to check with the landlord or real estate agent for any specific requirements or
additional documents that may be needed for the tenancy agreement.

Yes, a tenant can terminate the tenancy contract during the tenancy period, but there may be
certain conditions and penalties that apply.
The tenancy contract will typically specify the terms and conditions for early termination,
including any notice periods and penalties. In Dubai, the notice period for early termination is
usually 60 days, in addition, he will pay the equivalent of 2 months’ rent but this can vary
depending on the terms of the contract.
If the tenant terminates the contract early without meeting the conditions specified in the
contract, such as providing sufficient notice or paying any penalties, the landlord may be
entitled to retain the security deposit or seek additional compensation for any losses incurred.
It is important for tenants to carefully review the terms and conditions of the tenancy contract
before signing, and to understand the consequences of early termination. If you are
considering terminating the contract early, it is recommended to discuss the matter with the
landlord and seek legal advice if necessary.

In real estate, the primary market refers to the market for newly built or off-plan properties.

This is where developers sell properties directly to buyers, usually before construction has
been completed or in some cases, at the early stages of construction.

The primary market is characterized by a high level of supply and demand, as buyers are often
attracted by the prospect of owning a brand-new property that has not yet been lived in.

This can create a sense of exclusivity and luxury, which may result in higher prices compared to
similar properties in the secondary market.

When buying a property in the primary market, buyers may be required to pay a deposit to
secure the property, with the balance due at the time of completion. This can be an advantage
for buyers who may not have the full purchase price available, as they can secure the property
at the current price and pay the balance at a later date.

The primary market can be attractive to property investors who are looking for opportunities
for capital appreciation, as the value of a property may increase as construction progresses
and as the property becomes more desirable to buyers.

However, there are also risks involved,
such as delays in construction or changes to the property that may impact its value.

Overall, the primary market is an important part of the real estate industry, as it provides a
source of new properties for buyers and contributes to the growth and development of the
property market.

Yes, a power of attorney can be used for property buying and selling in real estate transactions
in Dubai.

A power of attorney is a legal document that gives someone else the authority to act on your
behalf. This can be useful in real estate transactions for a variety of reasons, such as if the
buyer or seller is unable to be physically present in Dubai for the transaction.

In Dubai, a power of attorney for real estate transactions must be registered with the Dubai
Land Department (DLD) before it can be used. This is to ensure that the power of attorney is
genuine and that the person acting on behalf of the buyer or seller has the legal authority to
do so.

The power of attorney can be given to a trusted friend, family member, or legal representative,
who can then act on behalf of the buyer or seller in the transaction. The power of attorney can
be limited or general, depending on the specific needs of the transaction.

It is important to work with a reputable real estate agent or lawyer when using a power of
attorney for real estate transactions. They can help ensure that the power of attorney is drafted
correctly and that all the necessary procedures are followed to ensure a smooth and
successful transaction.

The POA is valid for purposes like sale, mortgage, and gifting and is valid for a period of 2
years. In case of purchasing with a POA, the said POA is valid for 5 years from the date of
notarization at the notary public.

Yes, you can sell an off-plan property before completion in Dubai. This is known as
"assigning" the contract. However, you will need to check the terms and conditions of your
contract to ensure that this is allowed and whether any fees or restrictions apply.
Additionally, you will need to obtain permission from the developer and follow the legal
procedures for the assignment process. It is recommended that you seek the advice of
a professional real estate agent or lawyer to ensure that you comply with all legal
requirements.