Selling Your Property With ANW


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LEGAL FRAMEWORK

As authorized by the Ruler of the Emirate of Dubai in 2002, anyone can buy properties in the emirate’s freehold areas. The buyer can be an overseas individual and doesn’t have to be a resident of the UAE to be eligible to make a purchase. This decision was also backed by many laws during the further development of the Dubai real estate market.

ACCESS TO THE REAL ESTATE REGISTER

It is important to note that in Dubai, all the pertinent information and data regarding the properties like their location and related rights are contained in the real estate register. It cannot be accessed by the general public. Only a registered owner or the authorized person can access the information under the respected court’s order.

WHO CAN BUY PROPERTY IN DUBAI?

Any person can legally own real estate in Dubai? However, if the property has to be owned under an organization or business name, it should be incorporated in Dubai’s onshore zone or certain dedicated free zones. If you are looking for incorporation services, ANW Real Estate offers trusted services. Our incorporation services include the preparation of all required documents.

TIMEFRAME

Normally, it takes around 30 days in Dubai for a resale property transaction to get finalized, which starts at the date on which the Sale Contract is signed by all concerned parties. On the contrary, the timeframe for off-plan deals is quite short as they get finalized in a day or sometimes in 30 minutes. If you don’t want to get stuck in the legal formalities and want to save your precious time, ANW is here to help. We expedite the deal by working on your behalf under the Power of Attorney.

DUE DILIGENCE

When it comes to due diligence, ANW Real Estate promises complete reliability for and on behalf of our respected clients. While supporting the deal in the secondary market, our field officers will check to see whether the ownership is legal and authentic or not. Moreover, we’ll also complete a systematic property inspection to guarantee you a sale contract free from all potential pitfalls. While for an off-plan deal, we cover all bases and legal requirements.

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Selling Property In Dubai​

Properties Of Your Dreams

Dubai, the city of lights, offers unbelievable amenities like lucrative business opportunities, luxurious & tax-free living, a world-class lifestyle and massive shopping malls; to fulfill your shopping spree. Mindboggling architecture, staggering skyscrapers, cultural diversity, exotic food, startling sightseeing and the golden sands all combine to make it a residential and commercial heaven. However, whether you are a UAE resident or an immigrant, buying a property, for any reason, can be tricky, if you aren’t into it. As the city is expanding exponentially and becoming the commercial hub of the region, spending capital on real estate demands some basic knowledge and principles, especially if you are an expat. 

Confused or uncertain about what to do? And how to do it? Want to take the first step in the city that promises so much? Don’t worry, ANW properties has got you covered. Our award-winning and extensively experienced property advisors will help you make an informed choice and acquire the right property in this city of dreams. We are here to clear all your confusions and answer all questions regarding the property of your dreams; be it for domestic or investment needs. With ANW by your side, you are in safe hands. We’ll help you acquire super deals in the region through our finest property advisors. We not only guide you about all aspects of your potential real estate but also fulfill compliance legalities with honesty and transparency. 

Our highly proficient in-house team will completely support you before, during and even after the transaction and securing of the property. What makes ANW shine amongst the Dubai real estate market is that we provide unmatched after-sales services to all our respected clients who’ve entrusted us with their property needs. 

Fee Structure Of Selling A Property In Dubai

Primary Market Transaction

  • Secondary Market Transaction
  • Broker’ commission: Ranges from 2 to 5% of the buying price plus VAT
  • No objection certificate: A NOC from the developer can be had between the price of AED 500 to 10,000 plus VAT.
  • Registration Trustee Fee: The RTF for properties less than AED 500,000 is AED 2,000 plus VAT. Properties worth more than 500,000 AED is 4,000 AED plus AED.
  • Transfer Fee: 4% of the buying price
  • Mortgage Registration fee: 0.25% (if applicable) of the registered loan amount.
  • Title Deed Issuance: AED 580

Disclaimer: Depending on the service charge and utility payments, additional payments may be incurred.  

Primary Market Transaction

  • Booking deposit: Depending on the worth of property, ranges between AED 5,000 to 37,000. It is adjusted in 1st installment of the property.
  • Installments: 5 to 10% of the property’s worth. Installments are paid quarterly. Easy post-handover plans are subject to the seller’s agreement.
  • OQOOD registration fee: 4% of the property’s purchase value. Plus AED 3000 admin fees.
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Looking To Sell/Rent Your Property? List Wth ANW And Let Us Help You

At ANW, we aim to help families and investors get hold of the best residential property through our top-notch consultancy and friendly advice. We craft tailor-made solutions based on your needs, like budget and preference, to offer unwavering support in every step of the process.Be it owning, selling or renting real estate, we work tirelessly to make all these processes convenient and hassle-free for families as well as investors. Apart from easing and helping you buy perfect off-plan and ready-to-move properties, ANW ensures that you get the best mortgage financing plan. Moreover, we work relentlessly to help you get tenants for your holiday home.

Being a leading property advisor in the region, we know how important it is for your property to have global coverage to go along with a short period of vacancy and the most lucrative ROI. After evaluating your real estate and completing thorough market research, we list the best price for it.Thanks to our superlative property management services, we pay full attention to the requirements of the landlords and tenants, alike. To help you get the max out of your real estate, we have the following services for the sale and rent process.

We list your property on 8 of the largest property portals including both local and international listings. In case you need holiday home services for your property, our passionate team is here to serve you better than the rest.Based on the best photographic coverage, ANW’s shrewd team of in-house skilled marketers will help you take advantage of modern advertising and heap huge rewards.

What Is An Off-Plan Purchase?

Buying a property before the construction has completed is called off-plan purchase. At times, it is before the commencement of the development phase of the built. Although it could be risky, to some, but if you are purchasing a property in a market like Dubai where the prices soar quickly and demand for new homes is on the rise, it pays dividends. Another notable benefit of off-plan purchase, fulfilled by most developers, is a post-handover payment scheme. Simply saying, you are benefitting from a brilliant investment with a small amount to start with, meanwhile, your initial investment will pay back for itself.

However, this isn’t as simple as it seems. It may require you to do some research on your developer and gaining a mortgage can also be a fiddly task. This is where ANW can help you. We specialize in off-plan sales. Owing to our extensive exposure and market familiarity, we can tell you the potential of every project in the region. We only work with reputable developers and with the help of our mortgage advisors, you can get the mortgage approved swiftly.

Step #01

Our most experienced real estate experts will assess your property and compare it with the current market. Based on the dynamics, we will then generate a complete report of your property.

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Step #02

After getting the approval from your side, we will then craft a holistic marketing campaign to help your property outshine amongst others

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Step #03

To help your property attract high leads, our top-class photographers will give their best to make the property listing appealing and worth noticing.

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Step #04

To attract potential clients towards your property, we will use ‘For Rent/Sale signboards outside your property.

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Step #05

To promote your property on the largest listing portals, we will create catchy descriptions coupled with best-angled photographs

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Step #06

To reach more and more investors/buyers, we will also leverage the power of leading social media platforms like Fb, Linkedin Instagram and others.

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