The secondary market — also known as the resale market — involves buying and selling properties where ownership has been fully transferred to an individual or corporate entity, and a Title Deed (or equivalent ownership certificate) has been issued by the Dubai Land Department. Iznik Properties provides the following under secondary market brokerage:
Off-plan properties are those sold before construction is completed, directly from developers or through authorized brokers. Iznik Properties is an authorized brokerage partner for Dubai’s leading developers and facilitates off-plan sales with full compliance to RERA’s Oqood registration system and escrow protection framework.
Effective property marketing is the cornerstone of successful brokerage. Iznik Properties provides comprehensive listing management and multi-channel marketing services for all properties it manages on behalf of sellers and landlords:
You agree a listing with a RERA-registered agent (Form A), the property is valued and marketed, and once you accept an offer both sides sign a Memorandum of Understanding (Form F). After the developer’s No Objection Certificate is issued, the transfer is completed at a Dubai Land Department trustee office.
Value depends on the community, size, view, condition and recent comparable sales. We prepare a free valuation using current Dubai Land Department transaction data and live market demand so you can set a realistic price.
Usually your title deed, passport and Emirates ID or visa, a signed Form A with your agent, and, if the property is mortgaged, a liability letter from your bank. The developer’s NOC is requested once a buyer is agreed.
Yes. The outstanding loan is settled at the time of transfer, either by the buyer’s funds or the buyer’s bank, and your bank then releases the mortgage. We coordinate the steps between both banks and the trustee office.
Correctly priced, well-presented properties in popular communities often sell within weeks, but timing depends on price, location and market conditions. Once an offer is agreed, the transfer itself is often completed within about a month, or longer if mortgages are involved.
Related guides: What is my Dubai property worth? · What makes a great broker · Dubai market timing
Related services: Property handover services · Real estate consulting
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