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What is the Process of Buying a Ready-Made Property ?

  1. Choose the Property: Find the property you want and agree on the price with the seller.
  2. Sign the Agreement: Sign a Memorandum of Understanding (MOU) outlining the terms of the sale.
  3. Pay the Deposit: Pay a deposit (usually 10%) to secure the property.
  4. Apply for NOC: The seller applies for a No Objection Certificate (NOC) from the developer.
  5. Transfer Ownership: Meet at the Dubai Land Department (DLD) to transfer ownership. Pay the purchase price and 4% transfer fee.
  6. Get Title Deed: Receive the title deed in your name.

It’s recommended to use a trusted agent to guide you through the process.

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