12 Mistakes to Avoid When Buying Property in Dubai
Most buying mistakes in Dubai are avoidable with a little preparation. These are the ones we see most often.
1. Budgeting for the price but not the fees
Add 6–7% for buying costs, in cash. See the real cost of buying.
2. Shopping before getting pre-approved
A mortgage pre-approval tells you your true budget and makes your offer credible.
3. Trusting asking prices
Compare with actual recent sales in the same building, not with other listings.
4. Ignoring service charges
Two similar apartments can cost very different amounts to own each year. Ask for the approved rate.
5. Not checking the developer
For off-plan, look at what the developer has already delivered, and whether it was on time. Our developer guides list each developer’s projects.
6. Misreading the payment plan
Know every instalment date and what happens if you miss one — see payment plans explained.
7. Buying for the amenities, not the location
Pools date; location does not. Check the commute, the surroundings and what is being built next door.
8. Skipping the inspection
View ready properties in person or by live video, and snag new ones properly.
9. Overestimating rent
Use achieved rents and allow for empty weeks and costs — see rental yield explained.
10. Not checking for a tenant or a mortgage
A tenanted property cannot be moved into immediately, and a mortgaged one takes longer to transfer.
11. Paying the seller directly
Deposits are held under Form F and the price is paid by manager’s cheque at the trustee office — never in cash to an individual.
12. Assuming every area is freehold
Confirm that foreigners can own in that location — see freehold vs leasehold.
The simple safeguard
Write down your budget, purpose and must-haves before you view anything, and compare every property against the same list. Then browse verified properties for sale and off-plan projects.
Fees and rules change. Confirm current figures with the relevant land department or your advisor before you commit — this guide is general information, not legal or financial advice.