THE RESIDENCES AL HABTOOR GRAND

1. Choosing the right unit for you: We help you select the best unit in the project based on your budget. Whether it's a 2, 3 or 4-bedroom unit, floor level, view direction, building layout, or area size – securing a unit with optimal parameters ensures maximum future returns.
   

2. Reserve the unit: Once we have identified the right unit for you, just need to. simply send us a copy of your passport and we will create the sales offer. To secure the unit, an initial token amount will be required which can be paid by credit card through a simple payment link.

3. Make the full downpayment: After the token payment, you will be required to pay the balance of the 20% (and 4% Dubai Land Department Fee) within 14 days. This gives you time to arrange the funds and the most efficient way of transferring. We can also assist you in FX services at the most competitive rates.
   

4. Sign the sales & purchase Agreement: Upon the payment of the 24% we will create the SPA (Sales & Purchase Agreement),an SPA is a legal document that outlines the terms and conditions of a property transaction between a buyer and a seller. It serves as a binding contract between the parties involved in the sale of real estate. Signing an SPA is a crucial step in the property buying process in Dubai, as it legally binds both parties to the terms of the transaction. The SPA will be sent to you via courier for a wet signature.

The Residences Al Habtoor Grand is expected to be handed over in November 2027.

Yes, as long as the property is worth over AED 2,000,000 you can apply for a renewable 10-years Investor Golden Visa. With this residence permit, the husband or wife, children and parents can be sponsored as well.

No, all paperwork and money transfers can be done from outside of the country. We can schedule a video call with one of our investment advisors who will give you a clear understanding of the project without being here in person.

You won't necessarily lose your property, but late payment fees may be incurred. You can speak to developer to work out a reasonable payment timeline. If you continue to miss payments then you would be at risk of losing the property and the capital invested.

The Dubai Land Department fee, commonly referred to as the "4% DLD fee," is a one-time charge imposed by the Dubai government on property transactions. This fee is calculated as 4% of the property's sale price. It is payable by the buyer upon the completion of the property transfer or registration process with the Dubai Land Department.

The purpose of this fee is to facilitate and regulate real estate transactions in Dubai, as well as to contribute to government revenue for various infrastructure and development projects in the emirate. It's important for buyers to factor in this additional cost when budgeting for a property purchase in Dubai.

No, your payments will go into an escrow account. An escrow account in Dubai is a mandatory, legally regulated bank account for off-plan property developments, designed to protect buyers by holding their funds securely. Funds are only released to the developer in phases as construction milestones are verified by the Dubai Land Department (DLD) and RERA. This system prevents project delays and misuse of funds.