Dubai Property Investment Guide - Dubai Real Estate Market

How to Buy a Property in Dubai

How to Buy a Property in Dubai

1. Understand Your Budget and Requirements

Before you start your search, know how much you can afford. Rent is typically paid via post-dated cheques—1 to 12 per year—often with better deals for fewer cheques.
You’ll also need:

  • Emirates ID (front & back)
  • Passport copy
  • Visa copy
  • Chequebook

💡 Don’t forget to budget for:

  • Ejari registration: AED 220
  • Security deposit: 5–10% of annual rent
  • Agency fee: 5–8% of annual rent
  • DEWA deposit: AED 2,000–4,000 + AED 130 activation

If your visa is under process, a letter from your company may suffice initially.

2. Search Smart

Explore online portals, talk to trusted agents, and ask around. Choose a property that matches your lifestyle and commute.
Pro tip: Rent homes managed by reputable property managers for hassle-free maintenance support.

3. Schedule Viewings

Your MK Real Estate consultant will shortlist and schedule property visits.
Avoid viewing the same unit with multiple agents—it may inflate rental expectations.

4. Make an Offer

Found the one? Let your agent negotiate rental amount, cheque terms, start date, and any specific conditions (pets, furnishing, etc.).

5. Finalize Terms

Once the offer is accepted, your agent will draft a tenancy contract compliant with Dubai’s tenancy laws.
Security deposit:

  • 5% for unfurnished
  • 10% for furnished

6. Sign the Contract

You’ll sign the contract, hand over the cheques and agency fee, and receive your keys once payment clears.
Always verify landlord details match the title deed or POA.

7. Register with Ejari

Required for DEWA setup, visa renewals, and more. Documents needed:

  • Tenancy contract
  • Title deed
  • Passport & Emirates ID copies (tenant & landlord)

8. Set Up DEWA

For water and electricity:

  • Title deed
  • DEWA form
  • DEWA number (from property)
  • Passport copies
  • AED 130 fee + AED 2,000–4,000 refundable deposit

Activation takes 24–48 hours.

9. Move-In Preparation

Some communities require a move-in NOC. You’ll need:

  • Ejari certificate
  • Tenancy contract
  • Passport & visa copies
  • Move-in form

RECEIVE KEYS AND MOVE IN

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