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A guide to selling property in Dubai

  • 4 min read
A guide to selling property in Dubai
So, you are ready to sell your property? Have you paid off your mortgage? Is the price you have set realistic? Will prospective buyers be able to make it to the viewing timings you have allotted? There is a lot to think about when you are selling your property. Use our handy guide to ensure you are prepared for your upcoming sale.
  • Find a local market expert

    Have a property appraisal by a local market expert. Make sure it's a face-to-face meeting at your home so they can see any unique features, assess current market conditions and look at recent and comparable sales in the same area.

  • Be exclusive

    Listing your property with one agent comes with a number of benefits. It gives the broker some security over the listing, making them more likely to invest extra time and marketing know-how to attract buyers. It’s also easier to deal with one, as opposed to multiple brokers. What’s more, over-exposure through different brokers can come across as a desperate sales measure and attract low offers.

  • Pick a brokerage

    Make sure you choose a brokerage with a strong local presence and wider market appeal to ensure that your property is marketed to all potential buyers.

  • Make the property camera-ready

    You never get a second chance to make a first impression. Your broker should advice you on steps to be taken to make your property look its best for the photoshoot and for viewings. Decluttering and a fresh lick of paint are very effective ways to make a property more appealing to buyers and don’t forget the garden and front of the property to maximise the curb appeal.

  • Get the NOC

    While most fees fall on the buyer, sellers can expect to pay a small fee for a No Objection Certificate (NOC), which is needed in order to sell the property and up to 2% to their broker.

  • “Block” the property

    Sellers who have a mortgage on their property will need to go through 'blocking' and obtain a liability letter from their bank (costs and fees apply-buyer or seller settles in full)

  • Hire a conveyancer

    Once you finalized the deal engaging the services of a professional conveyancing company is recommended to ensure the sales process goes smoothly.

Need help selling? Schedule a call with our property consultants

Final action to get in touch with Betterhomes

So, you are ready to sell your property? Have you paid off your mortgage? Is the price you have set realistic? Will prospective buyers be able to make it to the viewing timings you have allotted? There is a lot to think about when you are selling your property. Use our handy guide to ensure you are prepared for your upcoming sale.