We have five easy tips that can help you successfully buy a home in the United Arab Emirates:

Understand the Market Research current real estate trends in the Emirate you want to buy. Get familiar with the areas you are interested in, property types and price ranges. Consider factors like proximity to schools, public transport and amenities.

Get Pre-Approved for a mortgage As a new resident, it is possible to have a mortgage in the UAE  Before starting your search, obtain a mortgage pre-approval. This will give you a clear idea of your budget and demonstrate to sellers that you are a serious buyer, making your offers more attractive.

Engage with a real estate agent Work with a reputable real estate agent who has expertise in the UAE market. They can provide valuable insights, help you navigate legal requirements, and streamline the buying process. Luxe Harbors ambassadors are equipped to guide you along the way!

Conduct thorough inspections Once you find a property you’re interested in, conduct thorough inspections to assess its condition. This includes checking for any maintenance issues, necessary repairs, and reviewing the developer’s reputation if it’s a new build.

Understand ownership types and fees Familiarize yourself with the different ownership types in Dubai, such as freehold and leasehold. Additionally, be aware of associated costs, including service charges, registration fees, and any applicable taxes, to ensure you’re financially prepared.

By following these tips, you can simplify the (secondary)home-buying process in the UAE and make informed decisions that align with your goals.

Soon we will write about buying Off plan property! Which other topic do you want us to write about next month?