Golden Rules

The Golden Rules for buying a property in U.A.E.

U.A.E Golden Rules

  1. If you are interested in buying property in Dubai, we highly recommend you contact a professional real estate broker who has many years of experience. The commission for the real estate agent is normally 2%-3%

  2. You should also contact a lawyer who will carefully check the ownership of the property for you.

  3. If possible appoint someone in Dubai to act on your behalf with a power of attorney in all legal matters. This is important to proceed with the contracts in the most professional way and not to lose time, otherwise you will be required to make numerous visits to Dubai as contracts can never be signed within a few days

  4. If you have already chosen the property you wish to buy, we recommend you sign a pre contract. This contract is binding for both parties

  5. All contracts can be translated into your language with an extra cost.

  6. The fee for the Dubai Land Department is about 4%

  7. The lawyers fee is about 1% of the official sales price

  8. Each property is registered in the Dubai Land Department

  9. There is no additional tax to be paid

  10. There are no taxes for you if you want to use the property as a business (i.e. rental)

 

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Igoumenou Gavriil 103-105,
74100 Rethymno,
Crete,
Greece
Tel: +30 28310 57820
Mob: +30 69482 31066

headquarters
Greece

Igoumenou Gavriil 103-105,
74100 Rethymno,
Crete,
Greece
Tel: +30 28310 57820
Mob: +30 69482 31066

branch
Germany

Sandkoppel 7,
D - 24119,
Kronshagen,
Germany
Tel: +49 431 66735555
Mob: +49 171 5152755

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