To begin, you must define the nature of your investment:
Rental investment
Purchase of primary or secondary residence
Purchase–resale operation
Then, decide on the type of property you are looking for according to its location, its volume and its composition (number of bedrooms, bathrooms, etc.).
Whether it is a rental purpose or a purchase–sale procedure, our team will give you the best advices to select the most interesting type of properties.
You will also need to define your overall investment budget, the amount of your contribution and your monthly repayment capacity as well as the repayment duration.
For each property, you will receive complete informative documents:
- Residence’s folder
- Commercial offer with property’s plans and payment’s plan
- Pictures and videos of the residence and the surrounding areas
- Precise residences’s location
- A presentation video from the promoter
We can send you these elements by Email, WhatsApp, Telegram, etc. at your best convenience
If you are in Dubai, we will be happy to accompany you to the construction sites.
Developers also provide show apartments that you will visit.
If a property interests you and it is still available, you must then proceed with its reservation.
This process can easily be done from abroad: quickly, simply and securely.
You will need to provide the required documents:
Address
E-mail address
Phone number
Copy of your passport (valid)
If the purchase is made by several people, these elements are necessary for all buyers.
As part of an off–plan purchase, developers systematically offer payment plans which allow you to pay in several installments over a period determined in advance.
As part of a payment plan, the first downpayment is generally 20% of the total value of the property.
You must also add the amount of Dubai Land Department fees (equivalent to Notary fees) and administrative fees (often 4%).
This payment can be made by credit card, bank transfer, in cash and sometimes in cryptocurrencies.
It is now time to sign your SPA (Sales Purchase Agreement), the terms and compliance of which have been validated by the Dubai Land Department.
Two copies must be signed, physically or digitally.
If the promoter requires a physical signature, he will send you the contracts to the address of your choice, you will then have to return the two signed copies.
Once the signed copies are received, the developer can register the sale with the Dubai Land Department.
You will then receive your provisional title deed (Oqood) directly by email, sent by the Dubai Land Department.
Once your provisional title has been obtained and after having paid the equivalent of 40% of the property’s value, you are authorized to resell the property and already benefit from a capital gain.
Finally, you will receive your final and official “Title Deed” once you have paid for the property in full and it has been delivered to you.
Regulations and purchasing processes
While purchasing real estate in Belgium can be complex due to numerous regulations, in Dubai the process is much simpler and faster. The Emirate has put in place a flexible and accessible system to facilitate the acquisition of property.
Steps to buy property in Dubai
–Find an investment:
Consult our PROPERTIES page where you will find detailed descriptions of the accommodation, their location, the amenities, as well as brochures and plans provided by the developers.
–Booking :
To take action, simply pay the first installment to reserve the property and provide the necessary documents (copy of passport, email and postal addresses, telephone number).
–Respect the payment plan:
You must follow the payment deadlines announced by the real estate developer responsible for the construction and sale of the project.
The money is transferred to an account of the Dubai Land Department, the body responsible for regulating Dubai’s real estate market.
Once full payment is made, the property is constructed and the keys are collected, the Dubai Land Department transfers the funds to the property developer.
Finance your purchase with a bank
You can finance part of your property purchase in Dubai with the help of a bank. This practice is becoming more and more common.
Some banks can lend you up to 50% of the value of the property.
-Conditions :
Be at least 21 years old
A loan with a maximum duration of 25 years
Proof of a monthly income of at least 3.5K EUR
-Documents to provide to the bank:
Copy of your passport and identity card
Copies of your last six salary statements (6 months)
Copy of your last warning extract from the roll (imposition)
Proof of address
Impact of sight
The importance of sight is a crucial element to emphasize.
In Dubai, it can be the determining factor for the sale or rental of real estate.
The city is renowned for its spectacular panoramas, offering views of the sea, the desert or the urban skyline.
These prospects increase the attractiveness of properties and directly influence their value.
View and real estate value
View and property value are central aspects of the Dubai real estate market.
Panoramic views of the sea, the city and its modern urban landscapes have a significant impact on property prices.
They confer a feeling of luxury and prestige, making housing more attractive.
Key factors to consider
When purchasing a property in Dubai, two main factors must be taken into account: the view and the location.
Location: It determines the view and therefore the value of the property.
Coastal neighborhoods and high-rise developments offer exceptional, often highly sought-after views.
These features strongly influence the value of a property, highlighting the importance of choosing a location with a remarkable view to maximize the property’s appeal and value.
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