Sell your property in Grachtengordel

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.

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.

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.

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

• 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.

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