Orfali Dubai Property Seller’s Guide

Thinking of selling your property in Dubai? Understanding the process is key to a successful sale. Here's a comprehensive guide to help you navigate the property selling journey with confidence.

Understanding the Selling Process

Selling a property involves several steps, each with its own timeline and requirements. Here’s an overview:
Financed Seller & Financed Buyer: Approximately 8 weeks

Financed Seller & Cash Buyer: Approximately 6 weeks

Cash Seller & Cash Buyer: Approximately 1–4 weeks

These timelines can vary based on factors like communication speed and market conditions.

Determining the Right Sales Price

Setting the right price is crucial:
Overpricing: May lead to prolonged market presence without attracting buyers.

Underpricing: May result in financial loss.

An experienced property consultant can analyze current market conditions and provide data-driven insights to help you set a competitive and fair price.

Choosing the Right Agent

Selecting a specialized agent ensures a smooth selling process:
Local Expertise: Knowledge of the area and market trends.

Marketing Reach: Access to a broad network of potential buyers.

Comprehensive Services: Support in areas like conveyancing, home maintenance, and more.

At Orfali, we offer a range of services to assist you throughout the selling process.

Required Documents

To initiate the sale, ensure you have the following:
Valid Passport

Emirates ID and Visa (if UAE resident)

Title Deed/Oqood

These documents are essential for property transfer and legal procedures.

Additional Costs to Consider

Be aware of the following potential costs:
Agency Fee: Typically 2% of the agreed sales price

No Objection Certificate (NOC): AED 525 – 5,500

Conveyancing Fee: AED 6,300 – 9,450

Mortgage Discharge Fee (if applicable): AED 1,605

These fees are standard in the property selling process.

Alternatives to Selling

If you’re uncertain about selling, consider these options:
Long-Term Leasing

Holiday Renting

Refinancing

These alternatives allow you to retain ownership while generating income or adjusting your financial situation.

Ready to Take the Next Step?

Send us all the details about your property and our experts will contact you soon to manage selling it and get you the best deal.