Looking to Sell Your Dubai Property?
Are you looking to sell your Property owned in Dubai?
We have access to hundreds of buyers who wish to buy property in Dubai both for residential purposes and to live in.
Let us take charge of the process and get you the best price for your property.
At Lux, we negotiate the best deal for you that will be in your best interest. With over 40 years of collective management experience, we are not just an agency but your consultants to advise on your next move. Dubai’s real estate market is known for its resilience, high demand, and impressive growth rates, making it a prime location for off-plan property sales. Off-plan properties refer to units that are sold before construction is completed, which often means they are priced lower than fully built properties. As a seller, this offers an opportunity to get in early and sell at a significant markup once the development is finished and demand has increased.
Selling off-plan property in Dubai requires understanding the key stages involved
Typically, you will be dealing with a developer who will have a set of procedures for transferring ownership of the property once it is ready.
Off-plan properties are typically sold with a payment plan that spans the construction period. As the seller, you will need to be aware of how payments will be collected and managed, and ensure that the buyer is committed to following the agreed payment schedule.
Key Considerations When Selling Property
- Buyers may be wary of purchasing a property they cannot physically inspect, so it’s crucial to be transparent about the development timeline, any risks of delays, and the overall quality of the project. Providing potential buyers with accurate details and floor plans is key to building trust.
- Always stay updated on current market conditions, as real estate prices can fluctuate. Consider the timing of your sale carefully rising demand for properties, especially in popular neighborhoods, can significantly impact your profit margin.
- Ensure that all legal documents related to the property, including permits, approvals, and developer agreements, are in place. It’s also wise to consult a lawyer specializing in Dubai real estate law to ensure that all transactions are handled according to legal standards.
Our team of experienced advisors will help you market your property effectively and navigate the complexities of the selling process. They can also advise you on pricing and the best strategies for attracting buyers.
Let us handle the sales process to help you achieve the best possible price!
