Skip to content
fäm Properties

Can real estates be sold at auctions?

Last reviewed

Yes, the real estates can be sold or presented in the auction with the approval of the landlords or their legal proxies under a valid and duly certified power of attorney (its issuance date shall not exceed two years).

The court's award is sufficient if the auction is in execution of a judgment issued in a lawsuit. In case of a minor, a NOC of the sale must be issued by the competent authority (Awqaf and Minors Affairs Foundation).

In case of selling a real estate off plan (on a map), the DLD must be provided with a NOC of the sale issued by the competent authority (the developer).

Still not sure how it applies to you?

Every deal has a detail the general answer does not cover. Put yours to a broker who closes them weekly.

Message us on WhatsApp