How to buy real estate in Dubai step by step

The process of buying in Dubai is simple if you know what to look out for.Below you will find a handy guide based on real experience with dozens of completed transactions and legal due diligence.

Selection of the project and legal examination of the developer

Before you sign the booking contract, please verify:

• whether the developer is registered with DLD,
• whether he has RERA license number,
• and whether the project registered in the Oqood system.

Without this data, the purchase is a high risk.

Reservation and first payment

Reservations are made mostly with in the amount of 2-5% of the price.Subsequently, the developer releases SPA (Sales & Purchase Agreement).For off-plan projects, you pay in stages — e.g. 60% during construction, 40% at completion.

Legal transfer and registration with Dubai Land Department

When transferring, pay:

• DLD fee 4%,
• administrative fee approx. AED 3,000-5,000.
  Buyer obtains Title Deed (Certificate of Ownership) in digital form within 48 hours.

Financing — How a Mortgage for Foreigners Works

For non-residents, up to LTV 50-60%, subject to proof of stable income and a clean credit history.We always recommend Pre-approvalbefore signing with the SPA.

Tax and legal aspects

In Dubai:

• does not exist income tax or rent,
• not paid capital tax on sale,
• is only paid DLD fee 4% on transfer.

If you are a Czech resident, the profit is taxed according to Czech rules, with the possibility to apply Agreement on the avoidance of double taxation between the Czech Republic and the UAE.

How to minimize risks