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Can foreigners buy property in Dubai?
Yes, foreigners can buy property in Dubai, especially in designated freehold areas where they can enjoy 100% ownership.
Can I get a mortgage to buy property in Dubai?
Yes, both UAE residents and non-residents can obtain mortgages, subject to eligibility criteria set by local banks and financial institutions.
What is an off-plan property?
Off-plan properties are sold directly by developers before construction is completed. These properties often come with attractive payment plans and discounts.
How long does it take to sell or rent a property in Dubai?
This depends on factors like pricing, location, and market conditions. Well-priced and strategically marketed properties typically sell or rent faster.
Who can list a property for sale or rent in Dubai?
Only property owners or authorized real estate agents registered with the Dubai Land Department (DLD) can list properties for sale or rent. Real estate brokers must also hold a valid RERA license.
Can I list my off-plan property for sale?
Yes, off-plan properties can be sold, but only with the developer’s consent and subject to specific RERA regulations.