Buy your perfect property with Crowngate Real Estate

Guide to Buying

Buying a property can be an incredible stressful experience without the right help and advice, therefore before you decide to purchase a property, take a look at our simple, but informative Buyer's Guide to give you the knowledge on the steps that need to be taken in order for you to purchase your dream home or investment property.

Regardless of your nationality or where you are based, be it overseas or in Dubai, you can purchase a property in Dubai’s Real Estate market.

The documents required in order for you to buy property

As an individual:

  • Passports or Emirates ID for all Buyers
  • A signed Buyer Agreement known as Form B

As a company:

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Board Resolution
  • Power of Attorney
  • Signed Buyer Agreement known as Form B

As an overseas company:

  • All of the above must be attested by the UAE Embassy
  • Signed Buyer Agreement known as Form B

Contact Us

When you first contact Crowngate Real Estate, you will be welcomed by our friendly, knowledgeable property team, who will listen to your property requirements and quickly assign you to a dedicated Client Manager, who will then guide you every step of the way.

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Match the Right Property for You

With many properties always available, our Client Manager’s will assess your requirements and match suitable properties using their market knowledge and experience. Once matched, your dedicated Client Manager will contact you and provide you with all the details for each of the suitable properties for you to assess at your own pace, without feeling under pressure.

Arrange Property Financing

Properties in Dubai, can either be purchased using cash or financed through a bank. If you are purchasing with cash, you must ensure that your funds are readily available when buying a property. If you prefer to buy a property through financing, you must first obtain a pre-approval. Our in-house mortgage advisor will assist you through this stage of pre-approval.

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Accompany you on Property Viewings

Once your funds have been arranged, your dedicated Client Manager will accompany you on property viewings and is available to collect you from anywhere in Dubai. On each viewing, your Client Manager will provide you with all the essential information about the amenities, facilities, schools, and shops within your chosen development and provide a property pack for each to take away with you.

Make an Offer

Once you have found your perfect property, your Client Manager will negotiate the best price and most convenient transaction to suit both parties. When making a property offer, you will be asked to present a refundable security deposit cheque, which is equivalent to 10% of the net purchase price you are offering. This cheque will not be cashed and is held by Crowngate Real Estate until your offer is accepted.

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Offer Accepted

With your offer now accepted, the escrow-regulated contract will be prepared for you by the Conveyancing team. The contract outlines the terms, conditions and costs of the sale. You will be required to sign this legally binding agreement and your 10% deposit will be held by the escrow agent for the duration of the contract.

Conveyancing

Our conveyancing team will manage the sale process – from contract signing up to the transfer of ownership. Our team takes care of all the process involved and will coordinate with banks, developers, and finance settlements, arrange power of attorney if needed, and maintain one central point of contact for you throughout the purchase. The complete process will take between 15 to 45 business days depending on the terms.

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No Objection Certificate (NOC)

This is the penultimate stage and the final permission required before the transfer of ownership can take place. The conveyancers, alongside Crowngate Real Estate, will coordinate this process and accompany you to meet all parties involved to complete the final approvals, which will secure you an NOC.

Transfer of Property Ownership

With the NOC completed, you will receive a full statement in anticipation of the transfer of ownership appointment. The statement highlights the amounts to be paid to the seller and the final fees to be settled. On the agreed transfer date, we will accompany you to the transfer office, with the seller, where you will take final ownership of your new property.

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That’s it!

Well done, the property sale is now complete! You have now purchased through Crowngate Real Estate! Our dedicated Client Services team remain on hand if required and please keep our details for any further property purchasers you wish to make, or indeed if you wish you sell your chosen property.

What’s your property worth?

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