Table of Contents
Being among the pioneering destinations for real estate development, Dubai offers investors and developers an uncomplicated, smooth process. In a move that streamlines real estate in Dubai, the Dubai Land Department, DLD, in conjunction with over 23 governmental and private organizations, published an easy-to-follow guide through every phase of developing a project.
The said guide categorized the whole real estate construction process in Dubai into three significant stages:
- Approval of Initial Project Plan: Preliminary project plans are analyzed and approved by the authorities concerned.
- Issuance of Construction Permits & Completion of Project: On approval of an initial plan, the construction permit is issued and a project executed by established standards.
- Sales and Marketing of Properties: The developed units are sold and marketed in this stage.
Stage 1: Obtaining Initial Permits
- Licensing Authority: Depending on where the project will be located, licensing authorities in the form of either DET or DDA are responsible for the issuance.
- Company Registration: Developers must register their company and obtain an operating license.
Stage 2: Project Implementation
- Approval of Execution Plans: The detailed execution plans of the project have to be scrutinized and approved.
- Issuance of Construction Permit: A construction permit is issued upon approval.
- Implementation of Project: The project is executed according to building and safety regulations.
- Project Completion & Issuance of Final Completion Certificate: A final completion certificate is issued after completion.
Stage 3: Post-Completion Services
- Selling Units: Units developed can either be sold off-plan or after the project completion.
- Final Settlements: Final settlements, after the sale of the units, are concluded with the relevant authorities.
- After-Sales Services: After-sales service refers to the commitment by the developers to customer support and maintenance.
