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Sellers Guide for Dubai Property

No matter how predictable or unforeseen the outcomes of the sale of your property may be, it can be a challenging and stressful experience to do so without the right information and direction. For this reason, have a look at the NHD Seller's guide, which streamlines the sale process and gives you an understanding of what you need to do to make an effective sale. The book covers every facet of finding the perfect buyer and selling a house legally.

1. Listing Your Property

For your home to be successfully listed for sale with NHD, the following documentation is needed: a signed agency agreement, often known as form A, a copy of your passport, and ownership paperwork. Properties Under Construction: The 1st page of your Property Sales Agreement
  • The payment schedule
  • Oqood (Pre-registration documents)
  • The receipts for the amounts that you have paid to the Developer
  • The floor plan for the property
  • Completed Properties:
  • The 1st page of your Property Sales Agreement or Title Deed
  • The Completion Certificate for Payments (if you don’t have a title deed)
  • The receipts for the amounts that you have paid to the Developer
  • The keys for the property or in the case of rented properties, tenant details
  • All completed and off-plan properties must be registered with the Land Department in order to prevent any sort of discrepancy and to guarantee a smooth transfer to the new owner.

    2. How To Register Your Property

  • Please visit our sales section
  • Refer to “Sell my property”
  • Register your details as requested
  • Once we have received your request, we will contact you
  • You can call us whenever you need further help, and we'll send one of our consultants to help you advertise your property.

    3. Appraisal Of Your Property

    After you have signed our Agency Agreement, we will schedule an appraisal of your property. We will provide you with a comparable market analysis of similar properties that are correctly listed in your area, as well as properties that have recently sold, to give you an idea of the prices to expect.

    4. Marketing Your Property

    In Dubai's real estate sector, NHD dominates the marketing of properties. Our marketing strategy enables us to efficiently incorporate our presence through all media outlets and increase visibility. We work around the clock to increase the exposure of your property to the purchasers of your choosing in order to guarantee that you receive the results that you are looking for.

    5. Agreeing To Sell Your Property

    An MOU, also known as a document called a Memorandum of Understanding (FORM F), needs to be executed between you and the buyer once you have found a potential buyer and they have accepted your offer. Transparency between the buyer, the seller, and our agency is created by this document, which underlines the terms and circumstances of the deal.

    6. Conveyance Services

    The back-end procedures for transferring the property must be completed in order to transfer ownership of the property from your name to the new owner's once the MOU or memorandum of understanding has been signed. At NHD, we make this process simple by delegating the transfer process to our conveyance team. By giving us a power of attorney, you can even decide not to attend the transfer and have us transfer the property on your behalf.

    7. Fees Involved

    NHD Real Estate assesses a 2% to 3% commission fee on the sale of a property, subject to terms and conditions.

    By: Nitin Bhargava

    Date Created: 2023-01-26 14:55:11

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