Here is how the process typically works, from choosing a project to receiving your title deed.
1. Choose the Right Project and Developer
Start with location, unit type and handover date. Then look at the developer: how long they have been active, what they have delivered and how they handle design and construction. Every off-plan project sold in Dubai must be registered with the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA), so ask for the project registration details and check them before you commit.
2. Understand Escrow Protection
Under Dubai Law No. 8 of 2007, payments for off-plan units go into a dedicated escrow account for that project, not to the developer directly. Funds are released to the developer in stages as construction progresses. Always make payments to the project escrow account named in your contract.
3. Reserve Your Unit and Sign the SPA
Once you choose a unit, you usually pay a booking amount to reserve it. The developer then issues the Sale and Purchase Agreement (SPA), which sets out the unit, price, payment plan, expected completion date and specifications. Read it carefully and take independent legal advice if needed.
4. Oqood Registration and DLD Fee
The developer registers your purchase on Oqood, DLD’s interim register for off-plan sales. Oqood records you as the buyer while the building is under construction. At this stage the DLD registration fee of 4% of the property value is paid, along with smaller administrative charges.
5. Follow the Payment Plan
Off-plan payment plans spread the cost over time, for example a down payment at booking, instalments during construction and a final payment on handover. Keep every receipt and track construction updates from the developer.
6. Handover and Title Deed
When construction is complete, you will be invited to inspect your home and report any snags before handover. After the final payment, the Oqood registration is converted into a title deed in your name, and you receive your keys.
Quick Checklist
- Project registration: Confirm the project is registered with DLD and RERA.
- Escrow: Pay only into the project escrow account.
- Contract: Review the SPA, payment plan and handover date.
- Registration: Make sure your purchase is registered on Oqood.
- Budget: Include the 4% DLD fee and admin charges in your costs.
Talk to Our Team
Enaam Properties manages design, construction and delivery under one roof. To learn more about Azra Residence in DLRC or Elyra Residences in Dubai Silicon Oasis, contact our sales team.
This article is general information, not legal or financial advice. Fees and regulations may change; please confirm current requirements with the Dubai Land Department.
