Once the handover notice is issued and subject to bank confirmation that final manager's cheque is ready
Yes, the laws in Dubai permit residents and international investors to purchase property in Dubai's freehold market.
Yes, any person of any nationality, whether they are a resident of Dubai or based abroad, can purchase property in Dubai's freehold market. You are not required to hold any type of residency or similar permit in order to purchase property.
Payment to be cleared on or before the due date mentioned on Handover Notice - Check Yardi for Handover Date
Rentals in Freehold projects is not managed by Meraas as they are sold to investors. You may contact external real estate brokers for more details.
DLP is valid for 1 year from the date of project completion.
The below documents are required to apply for the NOC:
- Request letter with detailed Scope of Work signed by the owner/owners
- Appointment Letter of consultant/contractor
- Undertaking Letter from the Owner
- Undertaking Letter from the Consultant / Contractor
- Copy of Title deed
- Passport, Visa & Emirates ID copy of owner (and co-owners if applicable)
- Soft copy (on PDF) Plan of the existing and proposed modifications.
Subject to receiving the necessary approvals - Major Modification NOC take 10 working days to be issued
Yes, Meraas sells freehold properties to both local residents and international investors. With communities and towers in some of Dubai’s most popular destinations.
Investors, homeowners apply for UAE residency visas as per the law announced in May 2018 by the UAE government. For more information of visa application process, kindly contact GDRFA
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