Can a Power of Attorney Dubai be used for property transactions?
Yes, a Power of Attorney Dubai is commonly used for property transactions and is widely accepted by real estate authorities when properly notarized and drafted. In fact, one of the most frequent reasons individuals issue a Power of Attorney Dubai is to manage, buy, sell, lease, or mortgage property within the Emirate. Dubai’s real estate procedures often require the property owner’s physical presence for signing agreements, attending transfer appointments, and completing registration formalities. However, many property owners live abroad or travel frequently. In such situations, a Power of Attorney Dubai allows a trusted representative to handle the entire transaction legally on the owner’s behalf. A properly drafted Power of Attorney Dubai can authorize the agent to sign sale and purchase agreements, negotiate terms, collect payments, appear before the Dubai Land Department, and complete ownership transfer procedures. It can also allow the agent to lease the property, sign ten...