Real estate Property Search
Property Search
Search by Type
Price (AED)
Bedrooms
Address
Keyword

Investor Guide

Why invest in Dubai?

 

Dubai is a very attractive market. Compared to other business hubs in the world, Dubai offers competitive purchase prices, above average rental returns, very high capital appreciation and very low transfer costs.

 

tower
  • State of the art infrastructure

  • Global trade hub with one of the largest airports in the world

  • Strategic location

  • Safe and stable environment

  • High standard of living

  • Tax free environment - no income 
    or capital gain tax

  • Easy business set up and free zone structures
     
  • Guaranteed tax freedom in free zones
suitcase

What investment possibilities
are there?

 
  • Ready and rented properties

  • Off-plan properties with attractive payment plans

  • Bulk investments

  • Portfolio set-up

  • Joint Ventures

  • Full buildings and hotels

  • Mezzanine finance
     
  • Project development and plots

Who can invest?
 

Any nationality, whether based overseas or a resident of Dubai, can purchase in the freehold areas of Dubai’s real estate market. GCC Nationals also in non-freehold areas.

INVESTOR GUIDE image1

What documents
are required?


 
Purchaser is an individual:
 
  • Passports for all buyers

  • Signed Buyer Agreement known as Form B and signed Memorandum of Understanding (MoU) known as Form F.
Purchaser is a UAE company:
 
  • Certificate of Incorporation

  • Memorandum and
    Articles of Association & Apostille

  • Board Resolution
    & Power of Attorney

  • Signed Buyer Agreement known as Form B and signed Memorandum of Understanding (MoU) known as Form F.
INVESTOR GUIDE image2

 

Purchaser is an overseas company:
 
  • Same documents as above

  • All documents must be translated in Arabic and attested by the UAE Embassy and Ministry of Foreign Affairs

How do I buy a property?
 

KENSINGTON will be your partner in the whole process of finding the right home that is suited to both your wants and needs.

INVESTOR GUIDE image3

Here is a short step by step guide:

  1. Individual consultation on location and property requirement

  2. Mortgage consultation through our
    in-house mortgage broker (if applicable)

  3. The Buyer’s Agent Agreement (Form B) 
    contains all agreed details

  4. KENSINGTON will search for the right property in the market

  5. Viewings of different properties

  6. Price, terms & conditions will be drafted in the Form F (MoU) and agreed with the seller

  7. On signing the Form F, a 10% deposit has to be paid which is held in trust by KENSINGTON

  8. NOC (Non Objection Certificate)
    from developer and/or Home Owners Association (HOA) will be applied for by seller. This assures that no outstanding payments are due by the seller

  9. KENSINGTON will arrange the appointment
    for transfer at an official Trustee Office or 
    DLD (Dubai Land Department)

  10. Transfer of the property in your name
    at an official Trustee Office or DLD

 

There will always be a professional agent from KENSINGTON by your side who will be able to answer all the questions and help you through the process.

How long
does the purchase take?

From signing the Form F (MoU) until the transfer, it takes approximately 3-5 weeks.

SG- and BG-How long does it take

What are the fees?

 

Dubai Land Department
 
For properties with available title deed:
   
Transfer Fee: 2% of the purchase price*
  * it is common practice in Dubai, that the Buyer pays also the transfer fee part of the seller means in total 4% of the purchase price
Admin Fees: AED 580 for apartments or villas
  AED 430 for land or plots
   
Mortgage registration:  0.25% of loan amount plus AED 290 admin fee
 
 
For properties without title deed (OQood):
   
Registration Fees: 4% of the purchase price
  8% of purchase price if the Seller is presented by PoA
 
In case the purchase is less than market value, the fee is calculated according to the market value after Valuation Committee review.
Admin Fee: AED 40
  AED 1,000 for OQood registration

 

SG- and BG-How long does it take
 
Registration Trustee Office
 
For properties with available title deed:
 
AED 2,000 AED if the property value is less than AED 500,000
AED 4,000 if the property value is equal or more than AED 500,000
 
 
For properties without title deed (OQood): 
 
AED 3,500 if the property value is less than AED 500,000
AED 5,000 if the property value is equal or more than AED 500,000
AED 10,000 if the the Seller is represented by PoA

 

KENSINGTON Exclusive Properties

Brokerage: 3% of the purchase price for completed or under construction properties

Form B (Buyer/Broker) Download pdf undefined

INVESTOR GUIDE image4

Form F (Seller/Buyer) Download pdf undefined INVESTOR GUIDE image5