Dubai property transfer and secondary sales process 2025-12-02
The main process of selling second-hand houses is: 1) entrusting intermediaries or selling on their own; 2) Sign an appointment sales contract and collect a deposit; 3) The buyer applies for a certificate of no objection; 4) Both parties shall handle the property transfer at the Dubai Land Authority and pay the transfer fee (4% of the house price); 5) Complete the renaming of water and electricity meters. The entire process usually takes 4-8 weeks, and documents such as property ownership certificates, passports, and loan settlement certificates need to be prepared.
Payment Plan Model for Dubai Property Purchase 2025-12-02
Dubai's pre-sale housing generally adopts installment payment plans, which are linked to the developer's project progress. A typical plan is to pay 10% upon signing the contract, 10% upon completion of the foundation, 10% upon structural topping out, and 60% upon delivery as the final payment. Different developers have significant differences in their plans, so it is necessary to carefully review the contract terms. This model alleviates the financial pressure on buyers, but also requires attention to the developer's reputation and project progress guarantee.