About us

We help our clients sell, buy or rent properties hassle free

About our company

Legacy Homes is a luxury property management firm that focuses on the marketing, leasing, and management of residential and business properties all across the United Arab Emirates. 

Our Mission

We are committed to achieving our vision by fostering an energetic, positive, results-oriented work environment focused on long-term relationship investment and development.

Our Vision

Our vision is to be the region’s leading real estate service provider and the preferred place to work for real estate professionals.

Our Mission

We are committed to achieving our vision by fostering an energetic, positive, results-oriented work environment focused on long-term relationship investment and development.

Our Resources

With years of experience, impressive property portfolio, celebrity clientele, and unparalleled knowledge of the market our agency is sophisticated and renowned.

Frequently Asked Questions

You can use this guide to familiarize yourself with rules, laws and other important information relating to your property.

Freehold property is a sort of real estate purchase in which the buyer also acquires ownership of the land and the dwelling unit. He/she is the landowner and is listed on the title deed. A freehold property may be inherited from the holder of the title deed. A freehold property owner has the right to rent, occupy, or sell their home. As long as it complies with local laws and regulations, the owner may use the land for any purpose.

The most well-liked freehold neighborhoods for foreigners to buy real estate in Dubai are Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah. Freehold homes were introduced here to promote foreign investment in Dubai.

In Dubai, there are four main legal stages that must be taken in order to purchase property.

1. Creating a buyer-seller agreement
Consult a real estate agent as soon as you’ve identified a property you wish to buy. They will aid in your negotiations with the owner and assist you in outlining the conditions of the transaction.

2. Executing a sales contract
The Memorandum of Understanding, also known as the Agreement of Sale, must be signed once all the specifics are resolved (MoU). This document is known as “Contract F” in Dubai and may be found on the “Contracts” page of the Dubai Land Department’s website. It is customary in Dubai for the buyer to give the seller a 10% down payment of the property’s worth when signing this contract.

3. Obtaining a Certificate of No Objection (NOC)
You must request and pay for a No Objection Certificate from the developer of the unit you are buying in order to permit the transfer of ownership. The ownership will be able to transfer as a result. The developer will be able to offer a NOC once all outstanding service charge payments are completed.

You must meet the seller at the Dubai Land Department (DLD) after receiving the NOC in order to have a new title-deed prepared. The buyer must submit a check for the full purchase price to DLD prior to receiving the title-deed. On the day of the transfer, this check should be made payable to the seller.

After the Agreement for Sale is signed, it typically takes a property transaction in Dubai 30 days to complete.

In all DLD Registration Trustees offices, the primary market purchasing cost is AED 2,000 for transactions under AED 500,000 and AED 4,000 for transactions beyond AED 500,000. The parties shall each pay their respective fees in whole and in cash.
The total fees for secondary market purchases consist of a 2% commission fee (for the sales agent or broker), the NOC fee (up to 5,000 AED), and the 4,000 AED transfer appointment fee.

You must submit a mortgage application through one of the banks in the United Arab Emirates. Mortgage registration fees total 0.25 percent of the loan value plus AED 290 as a standard fee, which must be paid to the DLD.
When applying for a mortgage, residents of the UAE normally need the following documents:

  • Passport and visa copy of the purchaser.
  • Copy of Emirates ID.
  • Proof of current address such as Ejari and Dewa bill.
  • Salary certificates or evidence of regular income.
  • Bank account statements for three to six months, which reflect the corresponding salary credit.
  • MoU for the sale of the property.
  • Title deed of the property to be purchased.
  • Seller’s passport copy.
  • No Objection Certificate from the developer.

Request a free valuation of your property

Our real estate company has a number of luxury and exclusive listings that are perfect for all clients.


What our customers saying

Buy or sell your home with Our agents. Our agents are knowledgeable, professional and dedicated to everyone’s satisfaction!

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Ali Bin Saleh
Customer
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Customer
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Customer

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