Unlock Homeownership with Alma’s Innovative Solution
Your Path to Property Ownership in Dubai, Simplified
Alma’s second product is designed for individuals looking to buy property in Dubai with a smart, flexible approach. Whether you are an investor or a future homeowner, our solution allows you to secure your dream home while optimizing financial resources.
Your Benefits with Alma
- 1Secure your home in a growing marketLock in the purchase price now and avoid market fluctuations.
- 2No bank restrictionsAvoid traditional bank mortgage limitations and approval hurdles! Perfect for expats and self-employed.
- 3Full buy-back flexibilityPurchase the property anytime within 3 years at a predictable, fixed price.
- 4End-to-End Transaction SupportWe handle the entire process, from paperwork to legal formalities, ensuring a seamless and stress-free experience.
How our product works: an example
Who is This For?
- Expats and foreign investors looking for a secured, flexible mortgage alternative.
- Individuals with limited upfront capital who want to own property in Dubai.
- Buyers who need time to arrange finances before committing to full ownership.
Delaying Your Purchase Could Cost You – By postponing your property purchase, you risk missing out on market growth. In just three years, real estate prices in Dubai are projected to rise by an average of 20%, making your dream home significantly more expensive. Secure your property today with Alma and lock in the price before it increases.
FAQs
Need Answers? Explore Our FAQs
Standard documentation includes proof of property ownership and identification. Our team will guide you through the process.
The buy-back process is simple and fully compliant with regulations. It is facilitated through the Dubai Land Department, ensuring a smooth and secure transaction.
Yes, the client can repurchase the property at any time within the three-year period by paying the remaining amount.
Alma covers the 4% DLD fee at the time of the initial property purchase. However, when the client buys back the property, they are responsible for paying the 4% DLD fee.
No, the agreement is tied to a specific property, and it cannot be changed once the contract is signed.
If you decide not to buy back your property, ownership remains with ALMA after the 3-year term, and the initial advanced payment (if there is) is non-refundable.
No, the buy-back must be completed in a single payment of 1.2 million AED at any time within three years.
No, the right to repurchase the property is exclusive to the client who signed the agreement with Alma and cannot be transferred.
No, all terms are transparent and fixed for your convenience. ALMA operates with complete clarity, so there are no surprise charges.
Yes, you can stay in your property through a lease-back arrangement. This allows you to retain occupancy while accessing the liquidity you need.
No, between selling your property to ALMA and its potential buy-back, ALMA becomes the legal owner and landlord. You can lease the property from ALMA for your use, or ALMA can arrange for another tenant to occupy the property.
You retain a guaranteed right to buy back your property within three years from the date of sale to ALMA at a fixed rate. While you can rent the property to maintain daily oversight, there’s no need to worry—ALMA ensures the property will be in the same condition as at the time of sale when you exercise your buy-back option.
You pay an annual lease of 7% of the initial estimated property value, ensuring predictable and manageable terms.
Alma retains the rental income until the client exercises the buy-back option.
No, you have complete freedom to decide how to invest the funds. On ALMA’s website, you’ll find a wealth of helpful information and insights that can inspire you to choose the best investment opportunities.
Yes, ALMA operates within the UAE's legal framework and ensures all transactions comply with applicable regulations, including those set by the Dubai Land Department.
Our solutions are ideal for expats, foreign investors, and self-employed individuals facing challenges with traditional financial institutions.
No, the application process is straightforward and designed to minimize paperwork. ALMA’s team handles all the technicalities for you.
