Terms of Use

Legal Disclaimer

Please read the Terms and Conditions which appear below carefully. These are Baron & Baron general Terms and Conditions (“Terms & Conditions”) governing your access and use of this website (“Website”). Your use of our website constitutes your acceptance of those terms.

If you do not agree with these Terms and Conditions, please do not use this site.

Trademarks
Baron & Baron, its subsidiaries, affiliates are the owners of the trade and service marks appearing on this Website and all rights are reserved in respect of such trade and service marks.

Acceptance
By accessing this Website, you signify your agreement to be bound by these Terms and Conditions.

Use of Information and Materials
The information and materials contained in this Website are provided by Baron & Baron in good faith. You acknowledge that you are solely responsible for the use to which you put the information and materials herein. Please note that not all products and services are available in all geographic areas. Your eligibility for particular products and services is subject to Baron & Barons’ final determination and acceptance.

Disclaimer and Liability

The website and its content is provided on an “as is” basis and we make no guarantee of any kind, either express or implied, including without limitation, warranties as to quality, suitability for any purpose, compatibility, reliability, accuracy, completeness, timeliness, access or use. We are also not giving you any advice (investment, financial or otherwise) in respect of any content on our Websites or recommending or endorsing any properties, products or content on our Websites. We make no guarantee that the Website will operate continuously, without interruptions or be fault-free. We may need to make the Website unavailable with or without notice to carry out maintenance work. We accept no liability for any interruption or loss of service. Any property value estimates found on our Website are intended for general interest only and should not be relied upon for any commercial transaction or similar use. These estimates are based on publicly available information which may be inaccurate or incomplete. They will not take account of any factors which are unknown to us and you are recommended to seek advice from suitably qualified professionals such as surveyors and solicitors prior to any transaction. We shall not be liable for any losses suffered as a result of relying on our value estimates. We will not be liable to any user for any loss or damage arising in connection with use of, or inability to use, our site or its content. We will not be liable for loss of profits, sales, business, or revenue, business interruption, loss of anticipated savings, loss of business opportunity, goodwill or reputation, or any indirect or consequential loss or damage. We assume no responsibility for the content of websites linked to on our site and these links should not be interpreted as endorsement by us of those linked websites.

Indemnification

You agree to indemnify, defend and hold us and our affiliated companies, shareholders, officers, directors, employees, agents or suppliers harmless from any and all claims or demands, made by any third party due to or arising out of your use of this Website, the violation of these Terms of Use by you, or the infringement by you of any intellectual property or other right of any other person or entity.

Submission
All information submitted to Baron & Baron via this Website shall be deemed to be and will remain the property of Baron & Baron. Baron & Baron shall be free to use, for any purpose, any ideas, concepts, know-how or techniques contained in information a visitor to this Website provides to Baron & Baron by virtue of this Website. Baron & Baron shall not be subject to any obligations of confidentiality or privacy regarding such ideas, concepts, know-how or techniques or information except as determined by Baron & Baron in their absolute sole discretion or as otherwise specifically agreed or required by law.

Variation
These Terms and Conditions are subject to change and can be modified at any time without notice. You must therefore check these Terms and Conditions for any such changes or modification each time you visit this website. We reserve the right to change any or all of our terms of use or other conditions for using our website at any time by publishing the new terms or conditions on our Websites.

Governing Law and Jurisdiction
By accessing this Website and obtaining the information, facilities, products or services offered through this website, you agree that the Laws of the Emirate of Dubai and the applicable Federal Laws of the United Arab Emirates (UAE) shall govern such access and the provision of such information, facilities, products and services and you agree to submit to the exclusive jurisdiction of the Dubai Courts.

Copyright in the pages and in the screens displaying these pages, and in the information and material therein and in their arrangement, is owned by Baron & Baron unless otherwise indicated.

Obtaining an Expat Mortgage in Dubai

By investing in the UAE’s real estate market you get an opportunity to apply for an investor visa.
To be eligible for a UAE Investor Visa you must meet the following requirements:

Own a property in Dubai worth AED 1,000,000 or more. This must be the price at which the property was originally purchased, not the current market value.
Your property must be free from all liabilities, including mortgage, service charges, developer fees, and utilities.

To apply for your Investor Visa the process is as follows:

You must firstly obtain a Police Good Conduct Certificate, applied for through Dubai Police.
Settle any liabilities due on the property and have documented proof. Receipts for service charge payment, up to date DEWA & utility bills, and proof there is no mortgage on the property either with a clearance letter from the bank if you had a mortgage or your original title deed.
Once you have the above, you’ll need to visit the Dubai Land Department with your title deed, original passport, passport copy, a passport size photograph and AED410 processing fees.*
Dubai Land Department will take up to 1 month to issue the approval certificate, which will allow the property owner to apply for a trade license.
The approval certificate can be presented to the Department of Economic Development who will issue you your trade license at a cost of AED2,000* per year.
On receipt of the trade license you can approach Immigration Counters at the Dubai Land Department who will issue the two year investor visa. The cost of the visa is approx. AED 18,000* and AED 1,300* per person thereafter.
To obtain the visa you will need to complete the necessary medical examinations and provide the medical report to the Immigration Counter.

Please note the following:

If your property has a mortgage you cannot get an investor visa.
You can apply for more than 1 visa against the property once you obtain the trade license. However it has to be applicable to the property. i.e. a family of 5 cannot be sponsored by a 1 bedroom property.
*accurate at the time of writing. 09.01.14

Obtaining an Expat Mortgage in Dubai

Gifting a Property

Obtaining an Expat Mortgage in Dubai

Transfer Appointment

NOC Appointment

Cash Buyer to Cash Seller

Cash Buyer to Finance Seller

Finance Buyer to Cash Seller

Finance Buyer to Finance Seller