
Understanding Property Value: What Every Dubai Real Estate Investor Should Know
Discover what determines property value in Dubai, from location and market demand to rental income and comparable sales. Learn how to assess properties before investing.
1. Sales and Purchase Agreement (SPA / “Oqood”)
This document is issued for off-plan properties (under-construction units).
After the buyer pays 20% of the total property price, along with the developer’s administrative fees and the 4% Dubai Land Department registration fee, the developer signs the Sales and Purchase Agreement (SPA) with the buyer.
Following this, the Oqood certificate is issued by the Dubai Land Department (DLD) under the buyer’s name, confirming their official ownership status for the off-plan unit.
2. Pre-Title Deed
A Pre-Title Deed is issued for properties where post-handover payment plans apply.
This means that the property is ready for handover and the buyer has completed all payments required up to handover, but the total purchase price has not yet been fully settled.
In such cases, the Pre-Title Deed is issued under the buyer’s name, acknowledging partial ownership until full payment is completed.
3. Title Deed
The Title Deed is the final ownership document issued by the Dubai Land Department once 100% of the property value has been paid in full.
It applies to ready properties and confirms the buyer as the legal owner of the property.

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