Buying property in the UAE is straightforward once you know the steps. Here's the journey from start to keys in hand.
1. Set your budget
Factor in your down payment (minimum 20% for residents on a first property under AED 5M), plus around 6–7% in transaction costs (DLD fee, agency, mortgage registration).
2. Get pre-approved
Secure a mortgage pre-approval so you know exactly what you can afford before you start viewing.
3. Find your property & sign the MOU
Once you've chosen, you and the seller sign a Memorandum of Understanding (Form F) and you pay a deposit, typically 10%.
4. Apply, value & approve
The bank values the property and issues a final offer letter. We manage the lender relationship throughout.
5. Transfer at the DLD
At the Dubai Land Department (or relevant authority) the title transfers to you and the mortgage is registered. You get the keys.
This article is for general guidance only and isn't financial advice. For a recommendation tailored to your situation, speak to an Xperts advisor.
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