If you are thinking of buying or selling property in Dubai, then this article can prove to be very useful for you. The UAE's real estate industry is one of the fastest growing markets in the world, but it also involves many legal and documentation processes. In such a situation, two words are heard very often: Power of Attorney (POA Dubai) and Sales Progression (Sales Progression Dubai).
Both these topics help in completing your property transaction in an easy, safe and professional manner. Let's know what they are and how they can prove to be helpful in your real estate journey.
🔑 What is Power of Attorney (POA Dubai)?
Power of Attorney i.e. POA is a legal document that gives a person (Principal) the authority to authorize another person (Agent or Attorney) to perform legal functions on his behalf.
In Dubai, if you are not physically available for any reason – whether you are abroad, don’t have time, or have a health issue – then you can give POA Dubai to a trusted person so that he can complete the deal related to your property.
✅ Main uses of POA:
- Buying or selling property
- Signing title deeds
- Handling rental agreements
- Banking and transfer functions
- Appearing on your behalf in court cases
⚖️ How to make a POA in Dubai?
Drafting – First, get a draft of POA prepared by an experienced real estate lawyer or legal company.
Approval from Notary Public or Dubai Court – It is necessary to get the document certified by Dubai Court or Notary Public.
Attestation (if you are abroad) – Attestation from UAE Embassy and MOFA (Ministry of Foreign Affairs) may be required.
🤝 What is Sales Progression Dubai?
When you buy or sell property in Dubai, a special type of service is taken to complete the process called: Sales Progression. This is a type of end-to-end property transaction management service, in which a professional agent or company manages your deal from inception to registration.
🏗️ What does it involve?
- Drafting and verification of MOUs (Memorandum of Understanding)
- Obtaining all necessary approvals from DLD (Dubai Land Department)
- Handling the NOC (No Objection Certificate) process
- Observing mortgage approval and fund transfer from the bank
- Final registration and deed transfer
✅ Why is Sales Progression important?
- Time savings
- Less chance of errors in documentation
- Secure transactions
- Transparency in legal process
- Trusted deals with expert guidance
🧠 Understand with an example:
Suppose, you want to buy an apartment in Dubai while living in India. But it is not possible for you to come to Dubai frequently. So you trust someone and authorize him under POA Dubai.
After this, you hire a registered Sales progression Dubai Agent, who handles the entire process for you like signing MOU, getting bank loan approved, deed registration etc. In this way, your entire deal is completed legally without any stress.
⚠️ Keep some important things in mind:
- Always get the POA made with the advice of an experienced lawyer.
- Be sure to check the background of the Sales Progression Agent.
- Follow the new guidelines related to Dubai Land Department (DLD).
- Track any financial transaction during the deal.
📌 Conclusion
If you want to invest in Dubai's property market in a correct and legal manner, then aspects like Power of Attorney (POA Dubai) and Sales Progression Dubai cannot be ignored.
With the help of these two services, you can complete the property deal easily, safely and without any mental stress. Whether you are in India or anywhere else, if you are thinking of buying and selling property in Dubai, then first understand both these subjects properly and proceed only after taking professional guidance.
🔍 FAQs
Q1: How long is the validity of Power of Attorney in Dubai?
Ans: Usually the validity of POA is 1 to 2 years, but it can also be renewed.
Q2: Is there a separate fee to be paid for availing Sales Progression service?
Ans: Yes, usually it is a professional service and a fee of 3,000–10,000 AED is charged for it.
Q3: Can an NRI buy property in Dubai?
Ans: Yes, NRIs or foreign nationals can buy property in Dubai, but freehold and leasehold policy applies in some areas.
Q4: Can I buy property in Dubai from India?
Ans: Yes, if you have given POA to someone and hired the right Sales Progression agent, then you can complete the entire process from abroad as well.
If you need any property related services in Dubai like POA, Sales Progression or legal support, then the wisest move would be to seek the help of a trusted and experienced professional.