Questions & Answers
Buying property in Dubai: Payment options for non-UAE residents
Dear Sir/Madam,
I am from Italy and am currently in the process of buying a property in Dubai.
To arrange payment, I need to pay the seller via the manager's cheque. However, I am experiencing difficulties opening a local bank account as I am not a UAE resident.
The money for the property in Dubai comes from the sale of an apartment in Europe, but I am unable to open a bank account because I do not have a salary certificate.
Therefore, I have two options:
- Transfer the money to my girlfriend's bank account in Dubai and use her account to produce the manager's cheque in the name of the seller. The property will be 100% in my name.
- Use a Dubai law firm to arrange payment.
What is your recommendation?
Hello,
We advise you to hire a law firm to handle this process so you can ensure that your legal rights and obligations are protected.
For further details, please get in touch with us via phone or email.
Dear questioner,
Good day!
Regarding the property purchase, please be informed that we can assist you in solving the purchase price payment problem.
We understand that the property is a ready one (it does not belong to an off-plan project).
For further assistance, kindly contact us via phone or email.
Best Regards,
Hi,
To clarify your requirements and receive legal assistance, kindly contact us via phone.
Thank you!
Hi dear,
In your case, we suggest a lot of legal points to protect your transaction; it is not a simple action.
So please contact us.
