Question 1

What markets does The Ledger Homes by eXp focus on?

Accepted Answer

The Ledger Homes by eXp focuses primarily on Dubai and Miami/South Florida, including areas like Miami Beach and Coral Gables. The team specializes in ultra-luxury villas, penthouses, waterfront estates, and off-plan developments targeting high-net-worth buyers and investors.

Question 2

Is The Ledger Homes part of eXp Realty or a separate brokerage?

Accepted Answer

The Ledger Homes is a luxury-focused real estate team operating within eXp Realty, not a separate brokerage. Agents use eXp’s cloud-based platform, systems, and commission structure while maintaining a boutique luxury brand identity.

Question 3

Do they work with buyers only, or also investors and developers?

Accepted Answer

The Ledger Homes works with buyers, investors, and developers. This includes primary home buyers, second-home purchasers, real estate investors, and developers launching luxury or off-plan projects.

Question 4

What kind of service do luxury clients receive?

Accepted Answer

Clients receive concierge-style real estate services including curated property selection, private tours, access to off-market listings, and guidance on legal, financial, and lifestyle aspects.

Question 5

Can foreigners buy luxury property in Dubai?

Accepted Answer

Yes, foreigners can purchase freehold properties in designated areas such as Palm Jumeirah, Dubai Marina, and Downtown Dubai, following regulations set by the Dubai Land Department and RERA.

Question 6

What are the main costs and taxes in Dubai real estate?

Accepted Answer

Dubai has no property tax, income tax, or capital gains tax on personal residences. Buyers typically pay a 4% Dubai Land Department transfer fee, agent commissions, registration, and administrative costs.

Question 7

What types of luxury properties are available in Dubai?

Accepted Answer

Luxury properties in Dubai include villas, penthouses, townhouses, and high-end apartments located in areas such as Palm Jumeirah, Emirates Hills, and Downtown Dubai, often featuring premium amenities and waterfront access.

Question 8

What is the buying process like in Dubai?

Accepted Answer

The process includes a reservation agreement, signing a sales contract (Form F), obtaining a developer No Objection Certificate (NOC), and completing the transfer at the Dubai Land Department.

Question 9

What is the difference between off-plan and resale properties in Dubai?

Accepted Answer

Off-plan properties offer lower entry prices and flexible payment plans but require careful due diligence on developers. Resale properties are ready to move in with clear ownership but are typically more expensive.

Question 10

What defines luxury real estate in Miami?

Accepted Answer

Luxury real estate in Miami typically starts at $1 million, while ultra-luxury properties often begin around $5 million, especially for waterfront or gated homes in areas like Miami Beach and Coral Gables.

Question 11

What are typical closing costs in Miami?

Accepted Answer

Closing costs usually include lender fees, title insurance, appraisal, property insurance, and sometimes attorney fees. Luxury condominiums may also include HOA fees.

Question 12

Do luxury condos in Miami require board approval?

Accepted Answer

Yes, many luxury condominiums require board approval, including financial disclosure, background checks, and interviews.

Question 13

Are there property taxes on luxury homes in Miami?

Accepted Answer

Yes, Florida applies ad valorem property taxes based on property value. Rates vary by county, and exemptions may apply for primary residences.

Question 14

Is financing common in Miami luxury real estate?

Accepted Answer

Both cash and financed purchases are common. However, cash offers are frequent in ultra-luxury transactions, while lenders carefully evaluate loan-to-value ratios and property types.

The Ledger Homes by eXp

June 19, 2026

Why Dubai Remains One of the World’s Most Tax-Friendly Destinations for Investors and High-Net-Worth Individuals