How can off-plan property purchase be registered in Dubai?
Off-plan property purchase in Dubai can be registered by following the procedures set by the Dubai Land Department (DLD) Initial Sale Registration (Oqood). The process starts with the signing of a sales agreement between the developer and buyer, which is then registered with the DLD through DLD online portal by Developer. Once the property is completed, another agreement is signed to transfer ownership from the developer to the buyer. This agreement is also registered with the DLD. During this process, fees equal to 4% of the property value and administration fees are paid to complete the registration, and all necessary documents must be submitted online to ensure compliance with government regulations. avoid any legal issues in the future.