Why Buy Dubai Villas
Dubai offers a wide range of high class accommodation options for buyers looking to buy Dubai villas on the sale market. Not all luxury properties are located in the same communities however some areas in Dubai do have a greater selection than others. Purchasing Dubai villas are usually either for investment purpose or personal use and Dubai’s property industry offers the security, stability and structure to make this a solid investment decision.
The regulations of this stable property market make buying a villa to experience high class accommodation easy though it is best to avail the services of an experienced real estate firm to guide you through the buying process.
Both off plan and resale options are available to potential buyers looking to buy Dubai villas and a number of new developments are on the rise to cater to all. A broad range of best villas in Dubai are visible through a number of real estate agencies websites such as Greenhouse Real Estate , listings on these sites include images, prices, floor plans and other details to help prospective buyers identify where to start looking for buying Dubai Villas.
How to Buy Dubai Villas
If you are wondering why consider Dubai villas or where to look for when buying best villas in Dubai, Read our blog Villas for Sale in Dubai. And here are some useful tips one should keep in mind when buying property in Dubai, Crucial Tips for Buying Property in Dubai.
Required Document and Procedure
Purchasing Dubai villas or buying off plan properties involve submitting a passport copy, a deposit between 5% – 15 % and reservation form which is followed by an agreement of sales and purchase; to finalize the process of buying a villa in Dubai, the deeds must be transferred at the Dubai Land Department assuming the property is already registered; and the buyer then pays the total cost of the villa.
There are a number of financing options for potential clients looking to buy Dubai villas though they may not receive the as much of the down payment as was in vogue few years ago; however, those that buy Dubai villas still have enough support in their potential purchases from Dubai banks that offer mortgages that cover up to 50% of the purchase price of property; in addition, financial support is also available for expatriates living in overseas and looking to invest in Dubai villas. Maintenance fees should also be calculated into the total purchase cost when looking to buy Dubai villas.
For resale property the process of buying Dubai villas is slightly different; an MOU between the potential buyer and seller of the villa is drawn up, the buyer submits a deposit of about 10 percent and the real estate agent’s commission is settled; finally, the deed transfer and full payment of the villa is completed.
Looking For Best Villas in Dubai?
Greenhouse Real Estate is a renowned firm in Dubai, expertly dealing sale and purchase of all kind of residential and commercial properties in Dubai. We are a reputable real estate firm, verified and registered by RERA. Our senior real estate consultants are here to facilitate you in your property search. Contact us now for more information!