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Buyer and Seller Formulating a Contract

Once you’ve finalised a property, the first step involves discussing with the seller to agree on the transaction terms. It includes negotiating the price, payment mode, and other important details. You have the option to either pay through cash or consider a mortgage, it is strongly recommended to use a realtor as they can make you understand the legalities. Drafting a comprehensive contract that outlines every detail clearly, and mentions the agreed-upon terms is crucial to avoid any misunderstandings, further.

Once you’ve finalised a property, the first step involves discussing with the seller to agree on the transaction terms. It includes negotiating the price, payment mode, and other important details. You have the option to either pay through cash or consider a mortgage, it is strongly recommended to use a realtor as they can make you understand the legalities. Drafting a comprehe...

Once you’ve finalised a property, the first step involves discussing with the seller to agree on the transaction terms. It includes negotiating the price, payment mode, and other important details. Yo...

Signing the Agreement

After both parties have agreed on the terms you are required to sign the sales agreement called the Memorandum of Understanding (MOU) or Form F. The document can be downloaded through the Dubai land department website and outlines the conditions of the sale, payment schedule, price and other details. Amendment is possible in the contract as per the buyer/seller’s own terms. Once the Form F is finalised, it must be signed by both parties in front of a witness.

After both parties have agreed on the terms you are required to sign the sales agreement called the Memorandum of Understanding (MOU) or Form F. The document can be downloaded through the Dubai land department website and outlines the conditions of the sale, payment schedule, price and other details. Amendment is possible in the contract as per the buyer/seller’s own terms. Onc...

After both parties have agreed on the terms you are required to sign the sales agreement called the Memorandum of Understanding (MOU) or Form F. The document can be downloaded through the Dubai land d...

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Applying for No Objection Certificate from the Developer

After signing the MOU, it is mandatory for you to apply for an NOC with the developer and finalise the ownership transfer. All the parties, including the buyer, seller, and realtor requires to meet the developer’s office. The document will confirm there is no outstanding service charge payment due on the property. The important thing to remember is, that Form F & NOC are two key documents for buying a property in Dubai.

After signing the MOU, it is mandatory for you to apply for an NOC with the developer and finalise the ownership transfer. All the parties, including the buyer, seller, and realtor requires to meet the developer’s office. The document will confirm there is no outstanding service charge payment due on the property. The important thing to remember is, that Form F & NOC are two ke...

After signing the MOU, it is mandatory for you to apply for an NOC with the developer and finalise the ownership transfer. All the parties, including the buyer, seller, and realtor requires to meet th...

Transferring Ownership At DLD Office

Once the NOC is in hand, the transfer of ownership is possible. Both parties are required to go to the Dubai Land Department office to transfer the ownership of the property. Keep important documents in hand including a cheque for the property, Emirates ID or passport, NOC issued by the developer, and signed Form F. The transfer can take place in a single day, with a confirmation email sent to the buyer, and a new title deed issued in the buyer’s name.

Once the NOC is in hand, the transfer of ownership is possible. Both parties are required to go to the Dubai Land Department office to transfer the ownership of the property. Keep important documents in hand including a cheque for the property, Emirates ID or passport, NOC issued by the developer, and signed Form F. The transfer can take place in a single day, with a confirmati...

Once the NOC is in hand, the transfer of ownership is possible. Both parties are required to go to the Dubai Land Department office to transfer the ownership of the property. Keep important documents ...

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Buyer and Seller Formulating a Contract

Signing the Agreement

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03

Applying for No Objection Certificate from the Developer

Transferring Ownership At DLD Office

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