Investor Glossary
Navigating the UAE property market is easier when you speak the language. Here is how local terms translate to North American standards.
The Dubai Land Department fee. It is a one-time 4% tax paid on the purchase of a property.
An Arabic word meaning "Contracts." It is the official DLD registration for an off-plan (pre-construction) property before it is built.
The ultimate proof of ownership issued by the DLD once a property is completed and fully paid off.
Sale and Purchase Agreement. The legally binding contract between you and the developer.
The DLD’s system to register tenancy contracts. It legally protects both the landlord and the tenant.
Developer funds for off-plan projects are strictly regulated by RERA. Your payments go into a government-monitored escrow account, not the developer's pocket, ensuring funds are only used for construction.
A long-term (10-year) residency visa granted to investors who purchase property worth AED 2,000,000 or more.