Buying in Dubai moves fast. If you prep your documents and understand the 10–20% reservation deposit, you can lock a unit the same day.
What you need to reserve a unit
From experience, buyers lose time chasing papers. Get these ready upfront:
- Passport copy for every buyer on the contract.
- Emirates ID if you’re a UAE resident.
- UAE residence visa, if applicable.
- Contact details: address, phone, email.
- Signed reservation or booking form from the developer.
- Proof of payment to the project’s escrow account.
Off-plan extras you’ll likely see next: the Sale and Purchase Agreement and sometimes a NOC for specific projects.
The simple 4-step booking flow
I tell clients to think in checkboxes, not chaos:
- Choose the unit and confirm details with the developer.
- Submit your documents and complete the reservation form.
- Pay the booking fee to the developer’s escrow account.
- Get the receipt and reservation confirmation.
Always route payments to the official escrow. It protects you and keeps the transaction clean.
How the money typically works
Now the part everyone cares about.
- Reservation deposit: Usually 10–20% of the property price, often non-refundable once paid.
- During construction: Installments linked to build milestones. You’ll see plans like 80/20, 60/40, or 50/50.
- Post-handover options: Some developers let you spread the remainder over 2–5 years after you move in.
- Escrow rule: Make every payment via the developer’s escrow account.
Costs people forget to budget
I see buyers blindsided by these line items:
- DLD registration fee: 4% of the purchase price.
- Trustee office fee: about AED 2,000–4,000, depending on the price bracket.
- Agency commission: around 2% if a broker is involved.
Final thought
You don’t need to overcomplicate this. Gather the documents, insist on escrow, and map your cash flow against the developer’s milestones. Do that, and reserving a solid unit in Dubai becomes a straightforward play.
Disclaimer: This article is for general information only and does not constitute legal advice. The author assumes no responsibility or liability for actions taken based on its contents. For advice on your specific situation, consult a qualified lawyer.
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