Frequently Asked Questions For Loam

What is the process for selling property in Dubai?

Selling involves listing the property, signing an agreement, negotiating, and completing the transfer. Loam Real Estate handles everything from valuation to final paperwork.

How do property prices in Dubai compare to other cities?

Dubai offers competitive pricing compared to cities like London, New York, and Hong Kong, with better yields. Loam Real Estate can help you compare and evaluate your investment options.

What documents are required to buy property in Dubai?

Typically, you’ll need a passport copy, Emirates ID (if applicable), and proof of funds. Loam Real Estate will guide you through the complete documentation checklist.

Can I rent out my property after buying in Dubai?

A11: Absolutely. Once ownership is transferred, you can lease your property. Loam Real Estate also offers property management and leasing services to support landlords.

What are the benefits of investing in Dubai real estate?

Benefits include high rental yields, zero property tax, strong infrastructure, and capital appreciation. Loam Real Estate helps you maximize returns with carefully selected listings.

Is it safe to buy off-plan properties in Dubai?

Yes, especially when working with approved developers. Loam Real Estate only lists off-plan properties from reputable developers with secure payment plans and RERA oversight.

How long does the property buying process take in Dubai?

It generally takes 2–6 weeks, depending on the type of property and financing. Loam Real Estate ensures all documentation and coordination are handled efficiently to avoid delays.

What is the difference between freehold and leasehold property in Dubai?

Freehold means you own the property and the land, while leasehold typically gives ownership rights for up to 99 years. Loam helps clients choose the right type based on their goals.

How can I get a mortgage in Dubai as an expat?

Expats can obtain mortgages from UAE banks with proper documentation and credit checks. Loam Real Estate connects clients with reliable mortgage consultants to streamline the process.

Are there any hidden fees when buying a property in Dubai?

While there are standard fees like registration, agency, and trustee fees, Loam Real Estate maintains full transparency about all costs involved to avoid surprises later.

What is the minimum down payment for buying property in Dubai?

For UAE residents, the minimum down payment is usually 10%. Loam Real Estate ensures buyers are fully informed of all financial requirements upfront.

What are the best areas to invest in Dubai real estate?

Top investment locations include Dubai Marina, Downtown Dubai, Business Bay, Emaar Beachfront, and Arabian Ranches. Loam Real Estate offers curated listings in all these prime areas.

Can Tourists buy property in Dubai?

Yes, foreigners can purchase property in designated freehold areas of Dubai. Loam Real Estate provides expert guidance to help international buyers navigate the legal and procedural steps smoothly.

What are the steps to buy a property in Dubai?

The process typically involves selecting a property, signing a sale agreement, paying a deposit, completing due diligence, and finalizing the transfer at the Dubai Land Department. Loam Real Estate’s team assists you through each step.