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According to my knowledge this swapping is allowed in the UAE. But for that, you must contact any agent for help. There are two elements which are necessary for swapping:
1) Swapping properties should have same values
2) Other party should be fully agreed for swapping
You can also swap properties not having same value. If your property is less in value than the other property and the other party is agreed to swap it, you can pay the extra amount in cash. At contrary, if your property is high in value than the other property, you must take amount in cash from the other party. Consider valuing the both properties by some professional valuers.
You can contact agents via "Agents" section of Bayut.com. If you have other queries, please feel free to ask any time.
We are also in the same boat. We too want to swap from Chapal the Presidency to Dubai. Please let us know your developments and we too will do the same. Any positive result.
Thanks to Madiha for giving us a lead. We were in Dubai looking around and we feel for our range there are apartments in Silicon Oasis. Please reply to my email firstname.lastname@example.org and my contact mobile is 00965 66421647. We are in Kuwait and we planned for our daughter's college education but now she is in the hostel and tooooo much of financial loss due to this. Are u in UAE? We r in very bad shape. I feel we should all form a group and help each other. Thanks
803 days ago
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Name:Madiha Rank:Expert Contributor Total posts:
Name:Jacqueline Rank:Beginner Total posts: