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Frequently Asked Questions (FAQs)

Want to learn more about MNS Estates? Real Estate practices in UAE? How we handle our clientele?

Or make reliable decisions for you? The Answers to these and more can be found below.

Can you legally buy properties in Dubai?

Yes, Dubai has a freehold market which allows residents & international investors to purchase property in Dubai.

Is it possible for foreigners to buy houses in Dubai?

In order to purchase property in Dubai, you are not required to hold any kind of residency or a similar permit. Any person of any nationality or region can purchase property in Dubai.

Who owns MNS Estates?

MNS estates is the inception of Infinity Realty Group which has established itself as one of the best real estate agency in South Africa.

Is MNS Estates offering freehold properties?

Yes, MNS Estates caters in freehold properties for both local residents and international investors. MNS Estates is renowned for being associated with communities and towers in some of Dubai’s most exotic locations, including:

  • One JBR, an opulent residential tower in Jumeirah Beach Residence
  • Residential towers in the Business Bay (Business Heart of Dubai)
  • Lavish residential projects on the Dubai Creek Harbor such as Manazel Al Khor & Dubai Wharf

Sensual residential communities in Dubailand for mixed-use

How can I buy property through MNS Estates?

MNS Estates is your honorable partner in property management. Buying property through MNS is the easiest thing you might have to do. All you need to do is contact +27 82 599 0744 or info@mnsestates.com. You may also send your request through the following link.

The three integral steps to purchasing property in Dubai?

  1. Establishment of buyer-seller agreement

If you have found a property that you want to invest in, you require a real estate agent. The real estate agent helps you communicate, negotiate and lay out the terms of sale with the owner.

2. Seal the deal by signing a sale agreement

Once your agent & you have finalized the specifics, all you need to do is sign a Memorandum of Understanding (MoU), also termed as a ‘sales agreement’. In Dubai, it is standard practice for the buyer to deposit 10% of the property value to the seller.

3. Application for NOC

The transfer of ownership requires the application and payment for a No Objection Certificate from the developer of the unit you have purchased. This will ensure ownership transfer. For the developer to provide an NOC, all outstanding service charge payments need to be cleared.

How much time do I need to buy a new property in Dubai?

30 Days. In Dubai, an average property transaction typically takes this much time to conclude from the date on which the MoU is signed.

VAT implications on rentals in Dubai?

In case of residential accomodations, rent is VAT-free. However, it is possible that VAT is included in other services or maybe in the rental agreement. This includes utilities or cooling fees and parking space fees.

Getting a residency visa in Dubai by buying a house?

In May 2018, the Dubai government announced that investors, home owners and specialists i.e. doctors & engineers can apply got UAE residency visas valid for up to 10 years.

However, the current property visa is a two-year renewable property  investor visa issued by the Dubai Land Department for a freehold property valued at Dh1 million or more on the title deed.

Is it possible to buy properties in Dubai via instalments?

To buy property on instalments, you need to apply for a mortgage through a UAE bank. Normally, the following documents are required for a UAE resident to apply for a mortgage:

  • Passport & visa copy of the buyer
  • A copy of your Emirates ID
  • Evidence of steady income (salary slips,etc)
  • Three to six months of bank account statements
  • MoU for the sale of property
  • A passport copy of the seller
  • Developer’s NOC
  • Proof of current address (Ejari & Dewa bill)
  • Title deed of the property to be purchased

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