Selling property in Dubai is something that you will need help and support in doing. Once you have decided to sell then you need to know what the process will entail. It isn’t just about finding a buyer. There is more to it then that. We will help you to understand the process. Here is our guide to…
Selling property in Dubai
The first thing you need to know is the time that all of this takes. Selling property takes around 6 weeks after you have found a buyer, so don’t expect it to happen overnight. If you know the timeframe then you can plan accordingly.
Market the property
Once you have decided to sell, then speed is of the essence. You want to find a buyer as soon as possible. Make sure that you advertise your property in as many places as possible but not list with more than three registered real estate brokerage firms as per directives of Dubai’s Real Estate Regulatory Agency (Rera). Exposure is key to finding a buyer. Get the message out there.
Why is your property different?
Let’s face it, there will be a lot of competition when you come to sell your home. For this reason you need to ensure that your property looks its best. Get it cleaned, declutter and generally present it well. The best way to sell a property is to make it look fantastic.
Set the right price
Price is obviously the biggest factor when someone makes a decision on whether to buy your home or not. Do your homework. You need to know what the market is looking for. Understand what the rest of the market is doing and set your price accordingly. Look at other similar properties to judge what you should be charging.
Deal with the legal paperwork
You will need a quality local legal representative to walk you through the legal process. It includes paying off any outstanding mortgage, transferring the ownership and registering the change with the relevant authority.