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Question: I am considering purchasing an apartment here. Is there a way to find out a list of recently sold comparables (like I would in the US)? Since its a specific building, the unit will be the same, just a difference in the floor level….perhaps a property registration office will have the actual sale prices of recently (within the last six months) sold apartments?
Answer: The Real Estate Regulatory Authority has a complete list of transactions for each area in Dubai. However, this list is confidential and not open to the public. If a person wishes to inquire about the sale price of any property, he should have a valid Power of Attorney from the owner(s) of the specific property to make such an inquiry.