Buyer's Guide

A guide to buying property in the UAE

Buying a property is an important investment decision that requires careful consideration and planning. At CRC, we understand the challenges that buyers face when looking for their ideal property, and we are committed to helping our clients make informed decisions. That's why we have developed a comprehensive Buyer's Guide to help buyers navigate the property market with confidence. Our guide covers everything from finding the right property to securing financing and negotiating with sellers, ensuring that our clients have all the information they need to make informed decisions. Our Buyer's Guide is designed to be a one-stop resource for property buyers, providing practical tips and advice on how to get the most out of their property purchase. Whether you are a first-time buyer or an experienced investor, our team of experts is on hand to guide you through every step of the process. From finding the right property to closing the deal, we are committed to delivering exceptional service and results for our clients. With our Buyer's Guide and our team of specialists, you can be confident that you are in good hands when making your property purchase.

SAY HELLO

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SET YOUR BUDGET

Find out what afford when buying commercial properties in Dubai. Depending on your budget, we will help you find that perfect property and get your deal done.

GET A MORTGAGE IF REQUIRED

Before you get started, you can work with a mortgage advisor who will help you understand the details of your financing options and what it takes to qualify for a mortgage loan.

WORK WITH A RERA BROKER

Find a RERA agent to assist you in locating and negotiating the best possible price for your commercial property. Once you’ve set your budget find a RERA qualified broker to help you in the upcoming negotiations.

Make an offer

Once you've found a property to buy, don't wait to make an offer. You should always prepare an offer and submit it within first couple days after the property is listed.

Pay deposit

Upon an agreement, you will enter a legal binding agreement, which is also called a memorandum of understanding (MOU), you have to pay a cheque for the 10% deposit. In addition you have to pay a PDC in the name of the broker for the commission.

Seek service of a conveyancer

When buying or selling commercial property, you require the assistance of a professional conveyance who can carry out the sales process and guide you through.

Obtain NOC

The seller will need to obtain an NOC from the developer who built the property which will ensure that the property is free from an outstanding service charges prior to sale.

Transferring the property

The final stage of the transaction is transferring the property. You will need to meet with your conveyancer, seller, and broker at the transfer office. Pay in cash for the four percent DLD transfer fee, as well as any other costs such as tax or insurance fees. Once this process is complete, you will have your new title deed and keys to the property.