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
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Hi, I'm Victoria
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