Guide To Buy A Property in Abu Dhabi

Abu Dhabi
Abu Dhabi

Among the most beautiful cities in the UAE, Abu Dhabi is the proud capital city of an emerging region in the middle east. After Dubai, Abu Dhabi is one of the most famous cities in the UAE. It is known for offering stunning islands for living, a vibrant economy, and a bustling metropolis that makes global connections. Let’s learn about how you can buy a property in Abu Dhabi

Tips For Buying A Property In Abu Dhabi

Abu Dhabi

If you are fascinated by purchasing a property in Abu Dhabi, here are some essential details you need to know.

1. Knowing where to look for finding a property 

Indeed, Abu Dhabi is a beautiful city, but it can undoubtedly be expensive, depending on where you settle down. Hence, it is essential to pay attention to the city’s different neighborhoods and districts. Always remember that you need to buy a property near your workplace, the schools, or other luxuries to ensure that your home gives you a sweet home feeling. As a result, functioning with a real estate agent will help you choose the best places to live in Abu Dhabi. They will help you find a suitable position for you and help you get the pace at affordable rates in the areas you want. Once the right property is located, then an offer is sent to the seller. 

2. Mortgage pre-approval 

After, you should secure a mortgage for your approval, and buyers will have to provide below a list of documents.

  • A salary letter from your employer 
  • Any salary slips you receive 
  • Bank statements for six years 
  • Passport copy with both a photo and visa page 
  • Copy Of your Emirates ID 
  • Copy of present credit card statements 
  • Proof of address for some lenders 

The process with the banks is the same everywhere in the Emirates, though the transfer fees differ in different locations. The mortgage pre-approval takes around five to seven days for salaried employees and longer for self-employed employees.

3. Organize insurance and find your property. 

It would be better to start the life insurance process at this stage. It is mandatory for all lenders and will take around three weeks. 

4 .Signing Your MOU 

The memorandum of understanding will ensure that you understand the terms and conditions of ten sales, including all the relevant payments, deposits, and transfer days. An MOU protects the rights of both parties till it is transferred to another party. 

5. Applying for a Mortgage 

To purchase a property in Abu Dhabi, you need to take a mortgage, and you will need to be a permanent resident in the country. You will also need to have a valid and current visa. Hence, once you fulfill the above measures, you need to look at the finances, as in Abu Dhabi, you will need to pay a 25% down payment on your property in order to qualify as a mortgage lender. 

6. Warranty through No Objection Certificate 

After all is done, the buyer requests a warranty on the property, which takes about three to four days. The bank then starts graphing the final contract. Once it is signed accepting that there is no mortgage on the property, the seller then applies for a Non-Objection Certificate(NOC) proving that they owe nothing about the property. When the certificate is released, the buyer sends a copy to their lender and all the parties and then arranges a transfer date. Finally, the offer will take two to seven days, and the NOC will take about three to five days.

If there is a pre-existing mortgage, the lender will ask the seller to deliver a liability letter before a final offer letter. This will take around three to five days to produce and will be given to the buyer’s bank, which will deliver the final contract to the buyer for signing.

Once all the formalities are done, they will check the seller’s bank to pay the bank for paying off the mortgage, and then the seller’s bank will release the title deed in seven to ten days. When the new lender accumulates it, the seller can then apply for the NOC. If a property is without a mortgage, the buyer sends a copy of the certificate to the lender, and all the parties collaborate to arrange a transfer rate. 

7. Transfer and title acts 

At the transfer, the bank brings the money they are giving for the deal, and the buyer gets the manager’s check, which is like a banker’s draft that cannot bounce, forgiving the balance to the seller and the developer in other emirates.

Once that is done, the bank will get the transfer acts, whether on that day or the following day, and it is done. You are happy to go, and the property then becomes yours. 


The above details give an insight into how to buy a property in Dubai. Everything you need to know is considered in the above write-up.

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