FAQ

AWS Real Estate is a cutting-edge firm founded on client-centric values such as service integrity, market knowledge, and client fluency.

A payment for security. The renter pays the landlord 5%–10% of the annual rent in advance. In the event that the depositor breaches any contractual obligations, this amount will be kept in escrow as insurance for the landlord. Loss of Rent, Property Damage, Key Loss, and Repairs Other Than Wear and Tear are all covered.

For unfurnished houses, a 5% security deposit is needed, and for furnished ones, a 10% deposit. A DEWA deposit of AED 2000 for an apartment and AED 4000 for a villa is also required. Ejari requires a further AED 225. If a deposit is needed, there may be a chiller. Finally, there is the agency service fee.

The renter must present a copy of a current residence visa and valid passport. The renter must produce and provide the property broker the original copies of both documents. If the tenant is a corporation, he must present a current trade license, a copy of the passport of the general manager who is signing the lease, and the occupier’s current passport.


When buying a freehold property in Dubai, the following documents are required:

  • A Valid Passport
  • Emirates ID (if resident of UAE)
  • Reservation Form
  • A credit card form if paying with card (usually for international clients)
  • A filled in CIF, i.e.
  • Customer Information Form (in some cases)

If purchasing real estate from a reseller, both the buyer and the seller sign an MOU. A deal on the specifics of the selling transaction is made in the Memorandum of Understanding between the buyer and the reseller.

The SPA is signed when buying a home straight from the developer. The Sales Purchase Agreement, or SPA, is a crucial agreement you sign with the developer and contains all of the terms and conditions that have been agreed upon regarding the selling transaction.

 

The registration of a transaction takes, on average, 30 minutes after all the necessary paperwork is in place.

 

In Dubai’s designated freehold districts, freehold property is legal to own and pass to heirs from any nationality.

 

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AWS Real Estate is a cutting-edge firm founded on client-centric values such as service integrity, market knowledge, and client fluency.