Selling a property can be a significant undertaking, whether it's your current home or an investment property. To ensure a smooth and successful sale while achieving a competitive selling price, it's crucial to have all your documentation in order before putting your property on the market. Here is a comprehensive list of the documents you'll need before listing your property for sale:
1. Personal Documents:
UAE Residents: Ensure you have the following documents up-to-date and readily available:
• Valid passport
• Resident visa
• Emirates ID with the latest information.
Non-Residents: Make sure your passport is valid and up to date.
2. Updated Title Deed on Dubai Rest App:
To sell your property in Dubai, you must have an updated Title Deed. Here's what you need to know:
Ensure your Title Deed is in the new format listed on the Dubai Rest App, complete with an updated QR code.
The Dubai Rest App is a user-friendly platform designed for all real estate transactions across Dubai. You can upload your contact information and property-related documents to facilitate the sale.
Keep your personal information on the Dubai Rest App up-to-date to avoid communication issues during the sale process.
3. Non-Objection Certificate (NOC) from Developers and Dubai Municipality:
Before selling your property, you'll need a signed NOC for any modifications or upgrades made to your home, including extensions and structural changes. Here's what you should do:
Obtain the necessary approvals through the property developer and the Dubai Municipality.
As the NOC application process can be time-consuming, it's advisable to secure these documents and approvals well in advance of listing your property for sale.
Having the required NOC in place can enhance your property's appeal and potentially help you secure a better selling price.
4. Receipts of Any Updates and Modifications:
To maximize your property's value during the valuation process and negotiate a favorable selling price, gather all receipts for any upgrades and modifications made to your property over the years. This includes expenses related to:
Flooring
Bathroom renovations
Kitchen upgrades
Garden enhancements
General maintenance and repairs.
Having these receipts on hand demonstrates the care and investment you've put into the property, potentially making it more attractive to potential buyers.
In conclusion, preparing and organizing these essential documents in advance will not only streamline the sale process but also help you present your property in the best possible light, ultimately increasing your chances of a successful and profitable sale. By taking these steps, you'll be well-prepared to navigate the real estate market with confidence and achieve your desired selling price.
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