Find a Home

Property Transfer Process

Where: Dubai Land Department

Who: Buyer, Buyer’s agent, Seller and Seller’s agent

Documents:

Signed MOU/SPA.

All original Passports and copies.

 

Buyer is an offshore company:

Trade license

Memorandum of Association

Board Resolution

 

Buyer is a foreign offshore company:

A foreign off-shore company cannot own a property in Dubai unless its registered under Jabel Ali Free Zone.

Trade license

Memorandum of Association

Board Resolution

 

Buyer is represented by the Agent or another person:

Original Power of Attorney

Original passport of the Power of Attorney and copies

Copy of passport of the buyer

 

Net Selling Price:

Manager’s Cheque in the Seller’s name. Note that the DLD will not accept a cheque to be made in favour of the Seller’s Agent.

Fees:

Land Registration: 4% of the Net Selling Price + AED 540 (AED 20 for Oqood in case of off plan purchases).

Administration Fees: AED 4,000 if the purchase price is more than AED 500,000 and AED 2,000 if the purchase price is less than AED 500,000.

Agency Fees: 2% of the Net Selling Price.

 

Mortgage Registration Documents:

Original Mortgage Letter from the Bank

Three Original Offer Letters from the Bank

A fee of 0.25% of the loan amount plus AED 10 and service fees of AED 4,000.