SETTLE INTO YOUR DREAM PROPERTY IN DUBAI
Developers we work with
FREQUENTLY ASKED QUESTIONS
What factors should I keep in mind when purchasing real estate in Dubai?
When buying property in Dubai, consider the following:
- Select a Trusted Broker: Make sure your real estate agent is experienced, holds a RERA license, and prioritizes your interests.
- Research the Developer: Check the developer’s reputation and track record in the region.
- Evaluate Location: Location is critical, especially for investors. Look for areas with high demand and potential for appreciation.
- Explore Trending Projects: Consider developments with unique features or modern designs that stand out.
We are happy to offer informal advice in a one-on-one discussion.
How easy is it to purchase an off-plan property in Dubai?
The process is straightforward and involves five main steps:
- Decision to Purchase: Choose and reserve the property.
- Complete Documentation: Sign reservation and booking documents.
- Initial Deposit and Fees: Make a down payment (10%-30%) and pay the 4% Dubai Land Department fee.
- Sales Agreement: Sign the contract and receive the provisional ownership certificate (Oqood).
- Payment Plan & Handover: Follow the payment plan, make the final payment, and get the keys and ownership certificate.
We’re happy to provide more detailed, personalized guidance.
How long does it take to complete a property purchase in Dubai?
Typically, the process takes a few weeks to a month. Once the sales contract is signed, the transaction can proceed quickly, especially with off-plan properties.
What kind of rental returns can I expect in Dubai's real estate market?
What kind of rental returns can I expect in Dubai’s real estate market? Rental yields in Dubai generally range between 5% and 10%. On average, you can expect about
8% return on your investment.
Do I need a bank account in Dubai to purchase property?
It’s not mandatory, but having a Dubai bank account is recommended for smoother transactions. We can guide you through the process if needed.
Does SettleMe offer existing properties in the secondary market?
Yes, SettleMe also deals with properties in the secondary market. We’re here to assist you through every step of your real estate journey.
