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How easy is it to buy and sell property in Dubai?

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How easy is it to buy and sell property in Dubai?

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Very easy, but the present system for buying and selling property is not one which is likely to be familiar to many global investors. Typically most countries that use Common Law require a lawyer to represent each party or a public official in Civil Law jurisdictions. In Dubai you can buy straight from the developer off-plan for little or no fees; alternatively you can buy direct from another private vendor in the secondary market, whether the property has been completed or not. There is an extremely buoyant market as demand currently exceeds supply and you will be able to sell your property in the secondary market before completion or after the property has been built. However many property developers require their consent to sale and purchases, and may also charge a transfer fee.

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