Thinking of reselling your off-plan property in Abu Dhabi? Whether you’re an investor looking for returns or someone who needs to pivot plans, we’re here to make the process feel less like a daunting task and more like a smooth journey. Let’s break it down, step by step, so you know exactly what to do.
Step 1: Check Your Eligibility
First things first—are you eligible to resell? Developers in Abu Dhabi often set conditions. For example, you’ll usually need to have paid at least 30% of the property’s value before you can even think about resale. Not sure where to start? Take a close look at your Sales and Purchase Agreement. It’s your go-to document for understanding what’s allowed and what’s not.
Step 2: Find Your Buyer
Once you’ve confirmed eligibility, it’s time to connect with a buyer. This is where the real action begins. You could work with a licensed real estate agency— their guidance can streamline the process and help you navigate market trends. Prefer a more hands-on approach? Online platforms like Property Finder and Real Properties are great for reaching potential buyers directly.
Step 3: Secure a No Objection Certificate
Now that you’ve found your buyer, the next step is to secure a No Objection Certificate from your developer. Don’t skip this! The NOC is like a green light, confirming that the developer is on board with the resale. Without it, the process comes to a screeching halt.
Step 4: Finalize the Legal Details
Here’s where things get official. Register the transaction with the authorities through the DARI app. It’s straightforward—log in, fill out the forms, upload the documents, and follow the prompts. Once the buyer and the Department of Municipalities and Transport approve, you’ll sign the sales agreement. The final cherry on top? A shiny new title deed issued in the buyer’s name.
Documents You’ll Need
To avoid last-minute hiccups, have these ready:
- A valid title deed (good for up to 180 days)
- A valuation certificate (valid for 30 days)
- A letter from your developer specifying the property’s location
Why Reselling Off-Plan Properties is a Smart Move
People resell for all sorts of reasons—financial urgency, shifting priorities, or simply seizing an opportunity. And let’s be honest, Abu Dhabi’s thriving market makes it a great place for off-plan investments. When done right, reselling can offer immediate returns and peace of mind.
Reselling doesn’t have to feel overwhelming. If you want a stress-free experience, why not leave it to the experts? Call us at 800-2732 or email enquiries@cromptonpartners.com. Our team knows the off-plan market inside out and is ready to help you every step of the way.
