Step 1 — Offer and MoU
Once price is agreed, both parties sign a Memorandum of Understanding (MoU, called Form F in Dubai). Buyer pays 10% deposit, usually held by the agent or escrow. The MoU sets the completion date (typically 30–60 days).
Step 2 — Due diligence
Verify:
- Title is clean (no mortgages, liens, court orders)
- Service charges are paid up to date
- The seller has authority to sell (single owner / corporate resolution)
- Property matches the title (size, type, plot)
- For off-plan: developer is licensed and project is registered with RERA / equivalent
Step 3 — Mortgage approval (if financing)
If financing, get pre-approval before signing the MoU. Final approval requires:
- Property valuation by the bank
- Final salary/income verification
- Liability check (existing loans)
This stage adds 3–6 weeks to the timeline.
Step 4 — Sale & Purchase Agreement (SPA)
The SPA is the binding contract. It typically supersedes the MoU and includes the precise legal description, price, payment schedule, completion date, and remedies for default. Legal review (USD 500–1,500) is strongly recommended for non-residents.
Step 5 — Payment & registration
On completion day, all parties attend the land registry (or trustee office). Buyer pays balance + government fees. Title is transferred in real time and the new title deed is issued in the buyer's name (usually same-day or within 1 week).
Step 6 — Post-purchase
- Connect utilities (DEWA / EWA / SEWA / KAHRAMAA / SEC)
- Register with the building / community management
- Set up service-charge direct debit
- If renting out: register the tenancy (Ejari in Dubai, Tawtheeq in Abu Dhabi, etc.)
- Update home / contents insurance