Documents Required for Off-plan Properties

Best Real Estate Agents In Dubai

Dubai Off-plan Properties,What documents is required?

When you buy an off-plan property, which refers to a property that is still under construction or not yet completed, there are several key documents that you should expect to receive. These documents typically include:

 

-Sales and Purchase Agreement (SPA): This is a legal contract that outlines the terms and conditions of the property purchase, including the agreed-upon purchase price, payment schedule, and other contractual obligations.

 

-Payment Receipts: These are official receipts that document the payments you have made towards the purchase of the off-plan property. They should specify the amount paid, the date of payment, and the payment method.

 

-Dubai Land Department (DLD) Registration Document and OQOOD Certificate : This documents are issued by the Dubai Land Department and serves as Primary proves of the transfer of ownership from the Developer to the buyer.

 

-Construction Updates: As the property is still under construction, you should receive periodic updates from the developer on the progress of the construction, including photos, reports, and other relevant information,all that updates should be on the Dubai Land Department official platform such as an App(Dubai Rest)

 

 

-Completion Certificate: Once the property is completed and handed over to you, the developer should provide you with a Completion Certificate, which certifies that the property has been constructed in compliance with the approved plans and regulations.

 

 

-Warranty/Guarantee Documents: These documents provide details about any warranties or guarantees provided by the developer or contractor for the property, such as structural warranties, appliances warranties, or other guarantees.

 

-Title Deed: known as a “Title Certificate” or “Ownership Certificate,” this is a legal document that proves your ownership of the property. It is usually issued by the Dubai Land Department (DLD) once you complete the purchase of an property and contains details such as the property’s location, size, and ownership information.

(Oqood Automatically Transformed to Title Deed)

 

 

It’s important to thoroughly review and understand all the documents related to your off-plan property purchase in Dubai, and seek legal advice By Your Property Expert to ensure that your rights as a buyer are protected

Leave a Comment

Your email address will not be published. Required fields are marked *