Conveyancing

Conveyancing is just a fancy word describing the process of preparing documents to transfer property between two parties. When the ownership of a property is transferred from one person to another, they're engaged in the process of conveyance. This takes place whenever a property is bought or sold in Dubai but isn't relevant for rentals. It's important to work with a professional who understands the legal requirements for conveyance in the Dubai real estate market. At Arabian Estates, we have decades of experience helping buyers and sellers handle the legal transition of properties, and we can help you too!

No, documents are a crucial part of selling property in Dubai. These documents prove ownership of the property along with other crucial features relevant to the sale. The Dubai real estate market is heavily regulated, with the governing bodies requiring significant amounts of paperwork and various rules and regulations. However, these standards are designed to protect both buyers and sellers during real estate transactions. Although handling all the paperwork might be a hassle, it's a crucial part of the process that ends up benefitting you in the end.

The transfer of ownership of property in Dubai is a relatively complex process that's smoother, more efficient, and downright easier when you work with a real estate specialist who's familiar with the Dubai real estate market. Generally, the process starts off with the completion of paperwork where both parties involved agree on specific terms. Next, property evaluations will take place to gain a better and more accurate assessment of the property. After the final mortgage approval is completed, you'll move on to the liability letter and settlement. The final steps of the ownership transfer process include the clearance documents and the No Object Certificate (NCO).

When transferring ownership of a property in Dubai, it’s advisable to work with a professional. Even experienced real estate investors might not be familiar with the ever-changing and highly specific rules of the Dubai real estate market. A real estate agent or broker should be able to help you through the whole process without any issues. This way, you can rest assured that everything is going smoothly and that the transfer is successful. Keep in mind that every process might be slightly different, underscoring the importance of working with an expert each time.

Sellers and buyers alike will be happy to know that conveyancing doesn't take too long in Dubai. In fact, it's one of the most efficient real estate markets in the world due to its strict regulation and government oversight, ensuring everything goes smoothly and fairly. In general, you can expect the preparation and completion of transfer documents to take anywhere between a week and a month. The more complex the agreement and the more expensive the property, the longer you should expect it to take.