| Want to buy a property - what is the first thing that I do? |
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| You would need to secure financing before you choose a property. Have a look at what is available in the market. Decide on your budget, secure the mortgage and then choose your property |
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| Can Safa Homes Real Estate Management advise on which mortgage lender to use? |
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There are number of different mortgage lender based in Dubai who are independent financial planning consultancy, who offer unbiased financial advice. Please contact our consultant for further advice. |
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| Do I need to be a resident before I can buy a property? |
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| No. You don't need to be a resident to purchase a property in the UAE. |
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| Does Safa Homes Real Estate Management have a list of properties I can buy from? |
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| Yes, you can see the properties listed in the property finder section on our website, this is updated daily. |
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| Are there any additional costs? |
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| Other purchasing costs may include a transfer fee to the developer of re sale properties. This is usually between 1% and 2% (depending upon the development) of the original sale price. |
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| Can I get details about your service charges? |
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| At Safa Homes Real Estate Management, we do not have any charges towards our services to investors purchasing properties directly from the developer, but incase if the purchase are from the resale market, service charges are applicable. To know more about our charges please contact out consultants. |
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| I want to know more about buying and selling in UAE, who should I contact? |
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| Safa Homes Real Estate Management will be delighted to assist you with any queries you may have. |
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| Do I need an offshore company to purchase my place in Dubai? |
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| You do not need to have one but it makes sense to avoid transfer fees, reduce your tax exposure in your home country and to make your purchase Sharia friendly. For further specific advice please contact Safa Homes Real Estate Management who can offer all the relevant solutions you require to protect your property investment now and in the future. |
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| Are there any Inheritance or Capital Gains taxes in Dubai? |
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| Absolutely NOT! However if you are buying from overseas you may be liable for such taxes in your home country. |
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| Can non locals register the land in their name? |
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| Currently, they can not. Only locals of UAE and GCC countries citizens can register land with the Land Department. |
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