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Dubai Real Estate Seller Guide

Our Seller’s Guide below will provide you with a step-by-step guide to ensure that your property is marketed effectively and ultimately sold to the right person at the right price.

Listing your Property
In order to successfully list your property for sale with us, we will need:

  • a signed Seller Agency Agreement known as Form A,
  • a copy of your passport

and the following ownership documents:

  • If the property is Under Construction:
    • The first page of your Property Sales Agreement
    • The payment schedule
    • The receipts for the amount that you have paid the developer
    • The floor plan of the property
    • The keys to the property
  • If the property is completed:
    • The Title Deed or the first page of your Property Sales Agreement
    • Owner’s passport copy
    • The Completion Certificate for payments
    • The floor plan of the property
    • The keys to the property

Please Note
All completed properties are required to be registered with the Dubai Land Department before a successful transfer can be completed to a new owner. This cost will be charged to the Seller.

Appraisal of Your Property
Once you’ve signed the Agency Agreement (Form A), we will arrange an appointment to conduct an appraisal of your property. You will be issued with a comparable market analysis of similar properties that are correctly listed in your area, and also properties that have recently been sold to give you an indication of the price you can expect.

Marketing Your Property
Once you have decided to sell your Dubai, the next step is to seek a market appraisal from our agent’s unique marketing strategy. This information will help determine a likely price range and the method of sale by conducting research through checking the existing market price. Their experience in the local market will also give you advice as to where your property sits in the market.

Agreeing To Sell Your Property
Once you’ve accepted an offer from a prospective buyer, an agreement known as a Memorandum of Understanding (MOU) or Sales & Purchase Agreement (SPA) needs to be signed between both you and the buyer. This agreement highlights the terms and conditions agreed, and the buyer shall pay a deposit of up to 10% of the value of the agreed price, which will be held by Provident Estate in trust until the transfer date.

Conveyance Services
Once the MOU/SPA has been signed for the sale of your property, the complex (and at times stressful) process known in Dubai as “Transfer, needs to be conducted in order to transfer the property from your name into the new owner’s name. This process will be handled by Provident Estate’s preferred conveyancing partners who provide a full, professional, and transparent service. The Conveyance Team understands all the necessary requirements, procedures, policies, and processes, as well as deals with developers, lenders, and government bodies every day. In case you are unable to attend the transfer, we can also arrange its completion on your behalf under a Power of Attorney.

Service Fee
2% – 3% for the sale of the property as a brokerage fee