United Arab Emirates
Townhouse, Apartment and 5 More
Villa, Land, Penthouse, Duplex, Commercial
Title Deed, Freehold and 2 More
Leasehold, Time Share
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- 5 BEDS
- 950SqM.
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A global destination with world-renowned metropolises and pristine beaches
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As one of the most recognised global destinations, the United Arab Emirates is one of the fastest growing countries in the world. Located on the Eastern end of the Arabian Peninsula, the coastal country is home to extraordinary white sand beaches, majestic deserts and dazzling metropolises.
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![High standard of living Voted the safest country in the world.]()
High standard
of livingVoted the safest country in the world.
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![World-Class Infrastructure Home to award-winning architecture.]()
World-Class Infrastructure
Home to award-winning architecture.
Real estate landscape
A haven for home buyers and property investors
The UAE comprises of seven emirates, of which the record-breaking city of Dubai is the most renowned. With extraordinary shopping, hospitality, entertainment, and nightlife alongside architectural wonders such as the Burj Khalifa, Burj Al Arab and Palm Island, the dynamic city of Dubai was awarded the world’s best-rated destination by Tripadvisor’s Travellers’ Choice Awards in 2022.
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![0% Property Tax Enjoy tax-free property benefits.]()
0% Property Tax
Enjoy tax-free property benefits.
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![High Rental Returns Get lucrative rental returns.]()
High Rental Returns
Get lucrative rental returns.
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![Luxury Lifestyle Best-in-class accomodations.]()
Luxury Lifestyle
Best-in-class accomodations.
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![Golden Visa Opportunities Live, work and study in Dubai.]()
Golden Visa Opportunities
Live, work and study in Dubai.
Golden Visa
Investment Opportunities
With a minimum investment of AED2,000,000 property investors in the UAE can apply for a 10-year Golden Visa which enables them to live, work, study and travel freely from the country.
Frequently Asked Questions
WHAT DOES OFF-PLAN MEAN?
An off-plan property refers to a property where the construction is yet to begin or property that is only in the preliminary stages of construction.
In most cases, purchasing off-plan means you typically get a better deal for the property, as property values tend to increase as projects approach completion date.
WHAT IS A FREEHOLD PROPERTY?
The purchase of property on a freehold basis means that the property is registered in the owner’s name by way of a Title Deed registered in the Dubai Land Department. The owner has the right to sell, lease or rent his/her property at his/her discretion.
Areas for freehold properties are designated areas for expatriates, whereas non- freehold property is property limited to UAE Nationals and GCC Nationals. A 2 year residency visa is granted for properties above AED 1,000,000.
WHAT IS A DLD WAIVER?
A DLD Waiver is the waiver of the DLD fee that is levied on property purchase.
The DLD Fee is 4% of the property value and is payable by the buyer. Ergo a DLD Waiver means the buyer does not pay this fee and it is instead paid by the developer.
WHAT DOCUMENTS ARE REQUIRED TO LIST A PROPERTY WITH PROPERTY LEGACY?
The documents required for listing a property with Property Legacy are:
For Leasing,
Filled Listing Sheet,
Title Deed or Oqood or (SPA) Sales Purchase Agreement,
Owner’s Passport Copy with signature,
Leasing Form signed by Owner,
Power of Attorney Document and POA’s Passport Copy with signature (if applicable)
For Sale
Filled Listing Sheet,
Title Deed or Oqood or (SPA) Sales Purchase Agreement,
Owner’s Passport Copy with signature,
Form A signed by Owner,
Power of Attorney Document and POA’s Passport Copy with signature (if applicable)
CAN I SELL AN OFF-PLAN PROPERTY BEFORE ITS COMPLETION DATE?
To be able to sell the off-plan property in Dubai before it’s completed, investors must meet certain conditions.
These criteria are usually set by the developer of the off-plan project.
Most developers require owners to have 30-40% of the cost paid off before it can be sold to a new owner. This value can vary from developer to developer, so if you plan to sell off-plan property in Dubai before completion, make sure to confirm with the developer you are working with before making the sale.
Eligibility to re-sell an off-plan property can also depend on other terms set in the contract by the developer.
WHAT FEES ARE APPLICABLE WHEN BUYING A HOUSE?
DLD Fees 4% + Admin fees 580 AED + Agency Fees 2% + 5% VAT + Trustee Fees including VAT + 10% Deposit
Speak to a consultant
Connect With A Dedicated Property Legacy Consultant
Daniela von Rotz
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