What services do freehold property brokers in the UAE offer?
Freehold property brokers help buyers and investors in property search, legal documentation, market analysis, and negotiation support. Their role is to handle the legal aspects of the process.
Can foreigners buy freehold properties in the UAE?
Yes, foreigners can purchase freehold properties in designated areas across the UAE. These zones allow full ownership rights, including resale, leasing, and inheritance without restrictions.
How do I verify if a broker is licensed in the UAE?
You may verify the integrity of the freehold property broker by contacting the emirate's regulatory authority of real estate, so that you always confirm they are legal, e.g., registered with official government bodies like RERA or another similar institution.
Are there additional charges when buying through a freehold broker?
Yes, the standard practice applied by brokers is to charge a commission fee, usually ranging from 1% to 2% of the property value. Additional costs may be payable, such as registration fees, NOC fees, and legal expenses
How long does it take to complete a freehold property transaction?
Typically, the process takes 2 to 4 weeks, depending on paperwork, approvals, and financial arrangements. Working with a professional broker can help speed up the transaction.