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Guide to Selling Your Property in Dubai
Selling your apartment or villa in Dubai for the first time can be a smooth process if you follow this step-by-step guide.
Step 1 – Find a Trustworthy Broker:
Start by selecting a reliable agent with whom you can establish a professional and friendly relationship. It’s crucial to have open and honest communication with your agent. They will provide insights into the Dubai property market, offer market appraisals, and show you recent property sale prices.
Step 2 – Conduct Due Diligence:
While you may have a desired selling price in mind, it’s essential to verify its feasibility in the Dubai property market. Research property portals to compare prices of similar properties in your area and beyond. Monthly market price indexes will keep you informed about recent sales in your locality.
Step 3 – Consider Exclusive Agreements:
Opting for exclusivity with one Dubai real estate broker ensures consistent marketing with a unified message. This prevents confusion from multiple advertisements displaying different asking prices.
Step 4 – Marketing:
Prepare your property for professional photographs by decluttering and addressing any maintenance issues. DNL Properties invests significantly in marketing, offering services such as professional photography, 3D tours, property video tours, and promotion on social media channels.
Step 5 – Viewings:
Ensure your property is well-maintained before potential buyers visit. Share personal highlights of your home with your broker, such as scenic views or unique features. This information can be relayed to potential buyers during viewings.
Step 6 – Negotiation and Contract Signing:
Your broker will present offers from prospective buyers. A good relationship with your broker is essential during this stage. Use information from viewing feedback and comparable sales to make informed decisions. Once a verbal agreement is reached, the broker will guide you through the contract signing process.
Step 7 – Sale Progression:
The in-house sales progression team at DNL Properties will guide you through the sale process, from obtaining the No Objections Certificate (NOC) from the developer to the final transfer. They facilitate communication between you, the buyer, the developer, and the involved banks, ensuring a seamless process with minimal delays. Proactive and experienced, the sales progressor ensures all documents are in order before commencing the process.