The process of buying property in Dubai involves several steps:
1. Property Search: Identify the property you want to buy and conduct thorough research.
2. Make an Offer: Once you find a property, make an offer through a real estate agent or directly to the seller.
3. Sales Agreement: Sign a Memorandum of Understanding (MoU) with the seller and pay a deposit, usually 10% of the property value.
4. No Objection Certificate (NOC): Obtain an NOC from the developer to ensure there are no outstanding fees.
5. Final Payment: Complete the final payment and transfer of ownership at the Dubai Land Department (DLD).
6. Title Deed: Receive the title deed in your name, officially making you the property owner.