How Is the Process of Selling an Off-Plan Property Carried Out in Dubai?
To sell an off-plan property in Dubai, the owner must first obtain permission from the developer, typically by acquiring a No Objection Certificate (NOC) confirming that all financial obligations have been met. Once the NOC is issued, a Sales and Purchase Agreement (SPA) is signed between the buyer and seller, with a deposit often required from the buyer. The next step involves applying for a property transfer at the Dubai Land Department (DLD) or a trustee office. The buyer pays the DLD transfer fee, and the ownership is officially transferred once all payments and documentation are complete.
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