Three options to consider if you are selling your property in Dubai

  • Date: 28-Mar-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
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Three options to consider if you are selling your property in Dubai

Agencies can help people in the process

Photo for illustrative purposes only. - Supplied photo

By Daimon Meredith/Realty Bytes Published: Tue 28 Mar 2023, 3:47 PM

I own a Dubai villa worth Dh2 million that I want to sell as I am moving to London permanently. I have no loans on the property and I want to sell by June. Unfortunately, I haven’t got the right price or a buyer. What are my options?

Option 1: Exclusive Sale

Take a look online to see which agency is prominent in the area or building you are in, and ask them for a property valuation. There may be no success with selling due to the price or how the property is being marketed.

Try to move forward with one agent exclusively to have one point of contact when selling the property. This will allow you to only have one point of contact handling the sale of your property, qualifying buyers, and maximising your property’s marketing while you focus on your move to the UK.

You could also take it further and provide the agency Power of Attorney. This means they can handle the entire sales process even once you are in the UK. Allowing you to sell and transfer