Buy in Dubai Property Guide - Table of Contents

Thought I would share what is covered in Buy in Dubai. If I had known half of this during my buying process, I would have had a lot less stress and feelings of uncertainty

Introduction - Everything is a Negotiation

Why Buy in Dubai?

Part I: Finding A Property

Location, Location, Developer

A List of Freehold Areas in Dubai

On Plan or Off Plan?

Freehold or Leasehold?

Hotel Apartments

Websites To Help With Your Search

Contacting Real Estate Agents to View a Property

Cash or Finance?

What to Ask the Realtor, the Owner, the Current Tenant, and the Developer

What Realtor Stories Will You Collect?

Part II: Securing A Mortgage

Understanding Mortgages

Minimum Legal Requirements for a Mortgage (a.k.a. Home Loan)

Islamic or Western Bank?

Mortgage Brokers

What is the Difference Between Preapproval and Approval?

Getting Preapproval (With a Mortgage Broker)

An Example List of Typical Terms of a Bank Preapproval

What is the EIBOR Rate?

Part III: The Purchase

A List of Common Initial Purchasing Fees

Calculating Your Monthly Budget

Calculating Your Monthly Mortgage Payment

Sending Money to Dubai

Before Signing the Memorandum of Understanding (MOU)

Finalising Your Mortgage

Transferring The Title Deed

Part IV: Post Purchase

Your Title Deed

If You Have a Tenant in Your New Property

Registering with DEWA

An Online Record of Your Purchase

Moving (Shifting)

This pretty much covers the whole process - please let me know if anything else should be added to the next edition!