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What You Need to Know About Power of Attorney for Property Transactions in Dubai

Understanding power of attorney: A guide for Dubai property transactions

Navigating property transactions in Dubai can be tricky, especially if you're not physically present or unfamiliar with the process. A Power of Attorney (POA) can make the journey smoother by allowing someone you trust to act on your behalf. Whether you're buying, selling, or managing property, understanding how a POA works is essential.

At Holo, we simplify this process by offering guidance on POA requirements as part of our end-to-end property transaction support. Here's everything you need to know to get started.

What is a Power of Attorney (POA)?

A Power of Attorney is a legal document that allows you (the principal) to appoint someone (the agent) to handle specific tasks on your behalf. For property transactions in Dubai, a POA can include:

  • Signing purchase or sales agreements
  • Managing property handovers
  • Handling administrative work with government offices

This is particularly helpful if you're overseas, unavailable, or prefer someone experienced to handle the process. To be legally valid, the POA must be properly drafted, notarised, and, in some cases, attested for international use.

Why is a POA Important in Dubai Property Transactions?

Dubai's property market is fast-paced, and delays can mean missed opportunities. A POA is especially useful if:

  • You're an expat or overseas investor and can't be in Dubai for every step
  • You're buying or selling multiple properties
  • You're managing transactions while balancing a busy schedule

With a POA in place, your trusted representative can complete these tasks efficiently, ensuring everything moves forward without interruptions. For buyers and sellers using our platform, having a POA can streamline the process further.

Types of Power of Attorney for Property Transactions

1. General vs. Specific POA

  • General POA: Grants broad authority to the agent to handle various tasks (e.g., selling, buying, or managing multiple properties).

Risk: The broad scope means you must trust your agent fully.

  • Specific POA: Limits the agent's authority to a single task or transaction (e.g., selling a specific property).

Benefit: Greater control and lower risk.

For most property transactions, a Specific POA is preferred to ensure your representative acts strictly within defined boundaries.

2. Notarised vs. Unnotarised POA

  • Notarised POA: Required for all formal property transactions. A notary public verifies identities and certifies the document.
  • Unnotarised POA: Not sufficient for property dealings; only suitable for informal or minor tasks.

To avoid legal issues, always ensure your POA is notarised. Holo can guide you through this process to make it hassle-free.

How to Obtain a Power of Attorney in Dubai

Here is a step-by-step breakdown to get your POA:

  1. Draft the POA Document: Decide if you need a General or Specific POA. A legal professional can help ensure the wording is precise.
  2. Visit a Notary Public: Both you (the principal) and your agent must present valid ID (passport or Emirates ID) at a local notary office.
  3. Verification and Certification: The notary will verify identities, explain the document, and certify its legal validity.
  4. Optional Attestation: If you are abroad, the POA must be notarised in your home country and attested by the UAE Ministry of Foreign Affairs.

Once notarised, the POA is legally valid for use in Dubai property transactions. With Holo, you can simplify this entire process as part of your home-buying or selling journey.

Costs of a Power Of Attorney in Dubai

At Holo, we offer Power of Attorney services at competitive rates to keep your property transaction costs down. Here is a breakdown of our services:

  1. Drafting, Translation, and Attesting: If you need a POA prepared and attested, our fees start at AED 2,500 + VAT.
  2. Holo as Your Representative: If you want Holo to assume Power of Attorney and act on your behalf, the service starts at AED 4,500 + VAT.
  3. Holo Clients Using Conveyancing: If you're already using Holo as your conveyancer, we offer a reduced fee of AED 3,000 + VAT for acting as your representative (on top of your conveyancing fee).

For context, the typical cost of preparing and attesting a POA in Dubai ranges from AED 3,000, while appointing a business to act on your behalf can go up to AED 6,000. By offering these services at a reduced price point, we ensure your property transactions remain smooth, affordable, and hassle-free

Key Considerations for Your POA

A Power of Attorney is a powerful tool, but it comes with specific limitations and responsibilities that both the principal and agent must be aware of. Understanding these key aspects ensures that the POA serves its purpose without unintended consequences.

  • Validity Period: A POA in Dubai typically lasts up to 2 years but can be shorter if specified.
  • Scope of Authority: Be clear and specific about what powers your agent has.
  • Revoking a POA: To revoke or amend a POA, issue a notarised revocation letter and inform all relevant parties.

How Holo Makes POA Easy

At Holo, we know how overwhelming property transactions can feel, especially when legal documents like a POA are involved. Whether you're buying, selling, or managing property, we:

  • Offer expert guidance on creating and notarising your POA
  • Connect you with trusted professionals for drafting and attestation
  • Simplify the entire property transaction process so you can focus on your goals

A Power of Attorney is a valuable tool for anyone navigating property transactions in Dubai. It ensures you can buy, sell, or manage property without unnecessary delays, even if youbre not physically present.

With Holo, youbll have peace of mind knowing every step is handled efficiently, whether youbre in Dubai or abroad. If you're ready to take the next step in your property journey, Holo is here to simplify the process. From understanding POA requirements to completing transactions seamlessly, we've got you covered every step of the way.
 

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