Engel & Völkers

Sell your property in Dubai

  • Highest prices thanks to modern sales strategies
  • Professional and free valuation
  • Legally water-tight and professionally handled
  • Fast marketing period
  • Start valuation

    WHY ENGEL & VÖLKERS

    How can you benefit from selling with Engel & Völkers?

    Selling a property requires a great deal of finesse. Our real estate agents understand your needs and the individual value of each property. With our tailor-made marketing measures, we will connect you quickly with the ideal buyer in order to achieve the optimal sales price.

    ENGEL & VÖLKERS SHOPS

    Real estate agents for your sale in Dubai

    Competence, exclusivity, and passion, make us stand out as much as our tailor-made service – from the individual first consultation all the way to a successful signing of the contract. Our team of first-class real estate agents are ready to support you every step of the way.

    Dubai

    Open

    Closes at 9 pm

    Wednesday

    8 am - 9 pm

    Thursday

    8 am - 9 pm

    Friday

    8 am - 9 pm

    Saturday

    10 am - 7 pm

    Sunday

    10 am - 7 pm

    Monday

    8 am - 9 pm

    Tuesday

    8 am - 9 pm

    Shop Website

    Our Service in Comparison

    Why sell with Engel & Völkers in Dubai?

    Selling price

    With E&V

    Market-oriented selling price

    Privately

    Often sold under value

    Exposé*

    With E&V

    Professional, high-quality, legally watertight

    Privately

    Often not professional with missing information

    Documents

    With E&V

    100% complete and checked in detail

    Privately

    Often incomplete, with errors and expensive to obtain

    Sales process

    With E&V

    Successful concept, trialed and tested with marketing and networking effects

    Privately

    On the off-chance

    Accessibility

    With E&V

    Always and everywhere

    Privately

    Often insufficient as it is not the main focus

    Professional marketing

    With E&V

    Photography, videography, and virtual tours

    Privately

    Low quality photos

    Negotiations

    With E&V

    Steadfast during sales price negotiations due to years of experience

    Privately

    Inexperience can result in a low sales price

    Checking the buyer

    With E&V

    Credit check and financial confirmation

    Privately

    Often skipped

    Sales contract

    With E&V

    Security due to trialed processes and experience

    Privately

    Possible problems with comprehension and inexperience regarding the content

    *A property exposé is a detailed description of the property to be let or sold.

    TRANSPARENT SALES PROCESS

    Our 8 steps to success

    A fast, uncomplicated, and profitable sale depends on various factors. At Engel & Völkers, we will support you with experienced real estate experts who will transparently advise and accompany you every step of the way.

    Personal initial consultation

    Selling real estate successfully means that the right buyer has to be found swiftly and to achieve the optimal sale price. Engel & Völkers advisors possess sound subject knowledge and offer you a competent and individual initial consultation.

    Precise valuation

    It takes significant experience, a high level of expertise, and local market knowledge to correctly evaluate your property. Based on a thorough market and target group analysis, we determine the optimal sales price by highlighting its full potential, with all details and unique features.

    A convincing report

    We value the individuality and history of every property, with an expert eye for details. Innovative technologies help us to present the extraordinary features of your property in the best way possible, including professional property descriptions and videos that showcase your property in a unique way.

    Individual marketing

    We develop an individual marketing strategy to highlight the uniqueness of your property. Together, we will plan extensive print and online measures. Our tried and tested marketing approach with possible national and global reach ensures that your property will receive the ideal placement and attention.

    Potential buyers & viewings

    We will first present your property selectively to our earmarked interested parties from our client catalogue. The viewing is planned in detail, because there is no second chance for a first impression. Potential buyers of your property should be able to envisage their new home right from the start.

    Transparent marketing

    It takes a lot of trust to allow someone to sell your property. Throughout the entire marketing process, your personal advisor will include you in all activities, including viewing reports, coordination of planned marketing initiatives, and information concerning contract relevant details.

    Contract negotiations & closing

    The Engel & Völkers marketing experts know the potential of your property, and it is their goal to sell as fast as possible for the best price. From swift transmission of purchase proposals during price negotiations, all the way to correct contract execution, you can always count on our experts.

    After-sales service

    For more than 45 years, Engel & Völkers has stood for service quality at the highest level. This service does not end with the successful closing and signing of the contract. We will also be happy to advise you afterwards if you have any further requests for a real estate purchase or sale.

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    FREQUENTLY ASKED QUESTIONS

    Answers to your most important questions

    When is the best time to sell a property?

    Ultimately, your own personal circumstances should determine whether you should sell or not. However, suppose you want to choose the point in time when to sell your property. In that case, many market factors will influence decision-making, including the buoyancy of a particular market, interest rates with banks for mortgage buyers, inflation, availability on the market and, of course, the global geopolitical landscape.

    Currently, the property market in Dubai is experiencing an all-time high in sales volumes, average price per sq. ft. and new records on prices being achieved and transacted, most notably in the premium segment.

    How can I determine the value of my property?

    You can request an online or on-site valuation by one of our Engel & Völkers experts. Contact us now, and we will get in touch with you as soon as possible with the next steps. It is free and non-binding.

    Good to know: Take advantage of both options, as the online valuation is not a substitute for a personal on-site valuation. If you are intent on selling your property, contact the Engel & Völkers experts to help achieve the optimal price for your house or apartment.

    How long does it take to sell my property?

    There are many variables to consider when selling a property, but the most important are the price and first impressions - these will ultimately determine how long you'll take to sell.

    The more precisely the market price of your property is determined at the beginning of the marketing phase, the faster the whole selling process will be. Being overly aggressive with pricing compared to similar properties on the market and recently transacted properties or having a poor first impression will have a detrimental effect on timelines.

    Engaging with an area specialist like Engel & Völkers will reduce the time on the market because we use different tools to determine the right price, including but not limited to the Dubai Land Department data, Property Monitor analysis, in-house recent transactions and most of all, our experience in the local and international markets.


    Good to know: If you want to sell your property quickly, you should not set the selling price too high. The more the selling price is raised above the property evaluation, the longer it will take to sell the property.

    Should I sell my property via a real estate agent?

    Selling with a real estate agent significantly reduces your efforts, and in particular your time investment. However, you will need to pay an estate agent fee which is evenly split between you and the buyer.

    Engel & Völkers real estate agents:

    • know the market and evaluate the exact value of your property

    • take the full potential of your property into account, including characteristics and details

    • value the individuality and history of each property with an eye for any “hidden values”

    • put together a professional exposé with meaningful property descriptions, high quality photos, 3D tours, and clear floor plans

    • suggest a target-oriented marketing strategy and utilise carefully selected sales channels

    • access an extensive data base with earmarked prospective buyers

    • take on all correspondence with prospective buyers and act in their best interests

    • confidently take on a selling position and execute price negotiations

    • carry out viewings and swiftly find the right buyer

    • achieve the highest possible sales price on the market

    • check the notarised agreement and prepare the appointment with the notary

    What are the most important documents I need to sell my property?

    When selling your property, you will need the following documents:

    • Ownership Document (Title Deed for ready properties and Sales & Purchase Agreement and/or Oqood for under-construction properties)

    • Emirates ID and Passport (if applicable)

    • Residence visa page (if applicable)

    • Mortgage Agreement (if applicable)

      These document requirements are relevant to Dubai.

    Do I have to pay taxes on the sales proceeds?

    You will not be required to pay tax if you sell a property in Dubai. No income tax will have to be paid.

    What are the differences between selling a house and selling an apartment?

    When selling an apartment, you will need to provide additional documents: Teilungserklärung (en. declaration of division), the protocols of the last home owners’ meeting, Wohngeldabrechnung (en. statement of service charges) and Wirtschaftsplan (en. budget for the following year). However, the valuation or marketing process for example will not differ.
    Some home owner associations require the other homeowners to agree to the sale of the apartment. A sales agreement will only become valid once the written agreement from the other homeowners is completed. For serious reasons (such as to stop the purchase of the apartment by clearly undesirable buyers), this agreement can be refused. However, a positive majority decision is normally provided by the home owner association.

    Can I sell my property with a tenant in residence?

    Absolutely – you can sell your house or apartment when you have an existing rental agreement with a tenant to live there. However, please keep in mind that buying a property does not end an existing tenancy. If you want to buy as an investment, a tenancy is not an issue for the time being. For buyers who seek to move into the property, this is a disadvantage since all landlord obligations are simply transferred over to the new owner.

    Can I sell my property if it has not been paid off?

    Yes, you can. In this case, the mortgage will have to be settled before the transfer. Both parties would enter into an agreement that outlines how the mortgage will be settled before the transfer of ownership. Usually, the buyer, the buyer's bank or the seller would settle this liability in order to transfer ownership.

    How long does it take to transfer the property in Dubai?

    Transfer duration depends on the buyer's and sellers' circumstances, whether either or both parties have a mortgage, and varies from two to six weeks.

    We recommend you consult with your Engel & Völkers representative to discuss your current situation and give you an approximate timeline.

    LOCATIONS

    Find your shop in United Arab Emirates

    Dubai (1)

    Contact

    Contact your personal advisor

    Engel & Völkers Dubai

    Golden Mile Galleria 2, Office 21, Mezzanine Floor

    Palm Jumeirah, PO Box 17722, Dubai, UAE

    Tel: +49 40 361310