Can Real Estates in Dubai Be Sold at Auctions?
Selling mortgaged properties in Dubai involves a detailed process, including obtaining a liability letter from the bank, requesting a No Objection Certificate (NOC) from the developer, and blocking the property to protect the buyer. The property can be sold to a cash buyer through a series of steps that ensure the seller’s mortgage is cleared and the property ownership is transferred to the buyer.
More Frequently Asked Questions of UAE Real Estate
Hi, I'm Victoria 
Hi, I'm Victoria
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