Investor assistance

• Booking : Reservation of the property

• Developer : Real estate developer

• DLD (Dubai Land Department) : Government organization in charge of real estate matters

• DLD waiver : Reduced notary fees

• Down payment :
  1st deposit 10, 15, or 20% depending on the payment plan + notary fees + oqood

• EOI : Expression of interest, pre-booking before the official launch

• ESCROW deposit : Escrow account

• FREEHOLD : 100% owner

• Handover : Key handover (delivery)

• LEASE HOLD : Owner via a concession for a period of 99 years

• Oqood: Registration fees

• Payment plan : Payment facility directly with the developer without interest, systematically granted upon purchase

• Services charges : Co-ownership charges

• SPA (sales and purchase agreement) : Sales contract

• Title deed : Title deed