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How does the purchase process work?
There is fundamentally no difference in buying a home in Dubai, compared with most other long-established property markets.
Whether the vendor is an individual or a development company, the buyer may choose whether to pay cash or obtain mortgage finance, to spread his payments over time; non-Emiratis are allowed to finance their home in Dubai over any period, up to 15 years. To satisfy this need, several specialist mortgage companies and local banks now offer loan packages.
If you live in Dubai, or are able to visit, you can take the opportunity to take in some of the developersí dedicated presentation centres, where you can take as much time as you wish to view scale models of the new communities, review the property brochures and ask questions from hospitable and helpful members of staff over a soft drink.