Frequently Asked Questions

Question about selling

“Freehold property refers to the type of property purchase, where the buyer owns the plot as well as the unit. He/She is the landowner and has the title deed under his name. An heir can inherit a freehold property from the title deed holder. The owner of a freehold property is entitled to lease, occupy or sell his/her property. The owner can use the property for any purpose as long as it is in accordance with the local rules and regulations.

Freehold properties were introduced here to encourage foreign investment in Dubai and the most popular freehold areas for expats to purchase property, include Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah. “

A security deposit of 5% on unfurnished and 10% on furnished properties is required. In addition to that, you have to pay a DEWA deposit of AED 2000 for an apartment and AED 4000 for a villa. Also, a fee of AED 225 for Ejari. If there is chiller that will require a deposit. Then the agency fee as well.

A tenant needs to provide a valid passport and a valid Residence Visa copy. The original copies of both the documents have to be produced and presented by the tenant to the Property Broker. If it is a Corporate Tenant, he will have to provide a valid Trade License, General Manager’s Passport Copy(if he is signing the the Agreement) and valid passport of the Occupant.

Yes, as a tenant, you can terminate your tenancy contract, as long as you notify your landlord 2 months in advance and you will have to pay 2 months rent as cancellation from the day of vacating the property and you have to settle all the utility bills.

When buying a freehold property in Dubai, the following documents are required:
A Valid Passport
Emirates ID (if resident of UAE)
Reservation Form
A credit card form as well if paying with card (usually for international clients)
A filled in CIF, i.e. Customer Information Form (in some cases)

Question about renting

“Freehold property refers to the type of property purchase, where the buyer owns the plot as well as the unit. He/She is the landowner and has the title deed under his name. An heir can inherit a freehold property from the title deed holder. The owner of a freehold property is entitled to lease, occupy or sell his/her property. The owner can use the property for any purpose as long as it is in accordance with the local rules and regulations.

Freehold properties were introduced here to encourage foreign investment in Dubai and the most popular freehold areas for expats to purchase property, include Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah. “

A security deposit of 5% on unfurnished and 10% on furnished properties is required. In addition to that, you have to pay a DEWA deposit of AED 2000 for an apartment and AED 4000 for a villa. Also, a fee of AED 225 for Ejari. If there is chiller that will require a deposit. Then the agency fee as well.

A tenant needs to provide a valid passport and a valid Residence Visa copy. The original copies of both the documents have to be produced and presented by the tenant to the Property Broker. If it is a Corporate Tenant, he will have to provide a valid Trade License, General Manager’s Passport Copy(if he is signing the the Agreement) and valid passport of the Occupant.

Yes, as a tenant, you can terminate your tenancy contract, as long as you notify your landlord 2 months in advance and you will have to pay 2 months rent as cancellation from the day of vacating the property and you have to settle all the utility bills.

When buying a freehold property in Dubai, the following documents are required:
A Valid Passport
Emirates ID (if resident of UAE)
Reservation Form
A credit card form as well if paying with card (usually for international clients)
A filled in CIF, i.e. Customer Information Form (in some cases)

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