Buying your dream home or investment in Dubai?
Yapidu Team buyers guide
The buying process requires a strong element of compromise and it's important to decide early on between must-have or would-like features. Yapidu team are trained to help determine what is important for you and your family and we can certainly help you to find right home for you.
Checklist
The Dubai property market is very different to other countries in the world our Buyer guide will help you to familiarize yourself with the process step by step. A good preparation can ensure a smooth and hassle-free entry into the property market. The most important thing to do when you start looking for a property to buy is to get your budget & finance set. It is worth noting that you should expect most real estate transactions to take around 30 to 45Â days from agreement to sale transfer.
Consideration
Search for investment or end use will impact what type of property should be considered, decide between off plan and secondary market. Have the mortgage advisor if required to get the banks preapproval which tells you how much you can spend on secondary market. For off-plan property look at the developer’s reputation, particularly with respect to quality, timely delivery of the units and past projects.
Financing
In Dubai when you approach a mortgage provider they will qualify you on a pre-approval basis. This gives you an idea of your budget and buying capacity and also gives confidence to the seller that you are prepared. Our brokers can introduce you to approved lenders and mortgage brokers.
Property Search
Once you have set budget next is to find RERA qualified broker which you will sign agreement with to represent you in upcoming negotiation. We offer pool of exceptional properties for sale across Dubai, you can choose your ideal home from our extensive inventory listings or our local insights and network will help you find the right property for you.
Make An Offer
Based on your key priorities decide and make an offer through your agent. We totally understand the power of negotiating skills and will ensure that you get the best result you want. Once offer is accepted by the Seller your broker will draft MOU (Memorandum of understanding). At this stage you will be asked to provide a current dated cheque in the name of the seller as a 10% booking deposit.
Register
Registration of your ownership with Dubai Land Department shall issue a title deed of real property rights. At the transfer office you will need the cheque of 4% DLD transfer fee and cash for the DLD admins. Once transfer is complete you will receive your new Title Deed and all keys/access cards to your new home. Your agent will be with you every step of the way till you take the keys to your new home.
Safe And Secure
To ensure complete security of the customers, all the brokers of Yapidu Real Estate are registered with RERA. In addition, all the brokers possess the broker card, proving their license to Sell and Rent property in Dubai, and abide by By-Law No. 85 of 2006, the Regulation of Real Estate Brokers in the Emirate of Dubai.
Congratulations You Are Now A Homeowner!
At Yapidu Real Estate we offer 1-year free property management with a property purchase through us. This will help you navigate through the various utility connections and registrations as well as securing you a good tenant with current market rental rates.
Buy With Yapidu Now
At Yapidu, we want to be the only point of contact you need to find your perfect Home.