“In the name of ALLAH, the
Most Gracious, the Most Merciful”

Sell your Property

SELLER GUIDE – 2024

 

If you are looking to make a smart move on your property,
LOOK NO FURTHER!

Our dedicated sales team with extensive local and international buyers network will ensure to get you the best market price.

Our thorough guide for selling property covers all key elements, including how to secure a realistic valuation, prepare your property for viewings, and choose the right professionals to complete your sale effectively.

Your property gets the best attention with our strategic and customized marketing approach.

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BRING IN THE SPECIALISTS

We know you’re eager to find out your property’s current value, so the first step is to consult a local market expert. This meeting should always take place in person at your property, allowing them to easily identify unique features, examine recent comparable sales in the area, and consider current market conditions.

PICK THE REGISTERED AND RELIABLE AGENCY

Conduct thorough market research, consult with friends, read online reviews, and “evaluate” various brokers to find the one that suits your needs. Look for a brokerage that has a solid local presence and broad market appeal to ensure your property reaches a wide range of potential buyers.

BE EXCLUSIVE

Choosing to list your property with a sole agent comes with distinct advantages. It motivates the broker to invest more time and marketing skills to attract buyers. For you, collaborating with one trusted broker is far more straightforward than juggling multiple agents. Furthermore, excessive exposure through different brokers can discourage potential buyers and result in lowball offers.

BE PREPARED FOR THE CAMERA

You only have one opportunity to make a great first impression. Your broker should guide you on how to make your property stand out during photoshoots and viewings. Simple updates like a fresh coat of paint, decluttering, and enhancing your windows can create a positive impact. Don’t forget to pay attention to the exterior and garden, as these are the first things potential buyers will notice.

OBTAIN NO OBJECTION CERTIFICATE (NOC)

Although most fees are covered by the buyer, sellers should anticipate paying for a No Objection Certificate (NOC) from the property’s developer. Additionally, you should account for a commission of up to 2% that will be paid to your broker.

RESERVE THE PROPERTY

Sellers with a mortgage on their property must undergo a “blocking” process, which involves requesting a liability letter from the bank. This process may incur certain costs and fees that either the buyer or seller will need to pay in full to move forward.

CHOOSE YOUR CONVEYANCER

After finalizing the agreement, the next step is to engage professional conveyancing services to help with the details of the sales process. A skilled conveyancer will guide you through every step of the way.

TRANSFER OWNERSHIP OF THE PROPERTY

On the day of the property transfer, you will convene with your broker, conveyancer, and the buyer. You will receive your balance amount of selling price through manager’s cheques, so ensure you have your original identification (Passport or Emirates ID). Once the transfer is completed and the sale is officially registered, Buyer will receive new title deed and Seller needs to handover keys or access cards of the property to Buyer.

 

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