SALE SERVICES - dubailand.gov.ae · Services Real Estate Registration Dubai Real Estate Institute...

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SALE SERVICES

Transcript of SALE SERVICES - dubailand.gov.ae · Services Real Estate Registration Dubai Real Estate Institute...

Page 1: SALE SERVICES - dubailand.gov.ae · Services Real Estate Registration Dubai Real Estate Institute E-Systems Real Estate Investment Management and Promotion Center Tenancy Sector Rental

SALE SERVICES

Page 2: SALE SERVICES - dubailand.gov.ae · Services Real Estate Registration Dubai Real Estate Institute E-Systems Real Estate Investment Management and Promotion Center Tenancy Sector Rental

OurServices

Real EstateRegistration

DubaiReal Estate

InstituteE-Systems

Real EstateInvestment

Managementand Promotion

Center

TenancySector

RentalDisputesCenter

Real EstateRegulation

Marketing and Corporate Communications Department Planning and Institutional Development Department

Dubai Land Department@Land_DepartmentLandDptDubai@Land_Departmentدائرة األراضي واألمالك حكومة دبي

LandDepartmentDubaiGovernment

Tel.: 600555556 E-mail: [email protected] Website: www.dubailand.gov.ae

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Vision:To position Dubai as

the world’s first real estatedestination as to innovation,

trust and happiness

Mission:To create an innovative and

sustainable real estate environment that will promote Dubai as the world’s happiest city through:

Smart servicesProfessional human and

financial resourcesIntegrated real estate

legislation

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Sale Services

Request for Registration of Sale (Total/ Partial)

5

Request for registration of deferred sale (Total/Partial)

9

Request for Registration of Land Addition by Sale

12

Request for registration of Off-plan Sale (on Oqood System)

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Request for Registration of Sale (Total/ Partial)

This service allows clients to apply to register the sale or purchase (Total / Partial) of land real property, or real estate unit, subject to satisfaction of the requirements prescribed by the Land Department and Government of Dubai.

The service is provided by the Real Estate Registration Service Department - Special Registration Unit, the Registration Trustee Follow-up Section, and the Auctions Section and External Offices.

Required Documents

1- Original Title Deed2- No Objection Certificate from the developer (in case of sale based

on maps in the freehold areas)3- Sale Agreement (MOU)4- Legible black and white copies of valid Passports of the Seller and

Buyer • UAE Nationals (Citizen File Number + Copy of Nationality

Certificate)• Non-UAE nationals (Copy of the residence permit, No Objection

Certificate and Passport)Where the Seller or Buyer is a company, the following document will be required:

� Sole Proprietorship1- Original and copy of the Commercial License - Original and copy

of the Owner’s Passport 2- Original and copy of the Power of Attorney (The power to sell

must be stipulated) + Copy of the Passport of the Attorney

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� Limited Liability Company (LLC)1- Trade license + Page of partners and equities (original and copy)2- Certificate of Incumbency 3- Original and copy of the Memorandum of Association (translated

into Arabic where required)

� If the company is located in the areas related to Jebel Ali (Free Zone).

• If it is outside the Emirate of Dubai, it shall be registered at Jebel Ali Free Zone.

• Commercial license.• Memorandum of Association (translated into Arabic).• Positions Certificate.• Certificate of good conduct.• In case the company is owned by another company, all the

documents of all the companies shall be brought.• In case the company is owned by individuals, a No Objection

Certificate shall be issued by Jebel Ali Free Zone.• Minor (below 21 years old), a No Objection Certificate shall be

required from Dubai Courts or Minors Affairs.• In case of sale of land, the original power of attorney will be

submitted.

Fees

Seller: 2% of the sale price Buyer: 2% of the sale price, in addition to the following :

• 250 Dirhams as Title Deed issuance fees • Map Issuance Fees (based on the type of real property)• Knowledge Dirham Fee of 10 Dirhams (added to each fee)

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Registration Fees • 4,000 Dirhams if the real estate property price equals or exceeds

500,000 Dirhams• 2,000 Dirhams if the real property price is less than 500,000

Dirhams• In case of partial sale, the Registration Fees will be as follows:

• If the sale price is less than 500,000 Dirhams, 2,000 Dirhams will be charged

• If the sale price exceeds 500,000 Dirhams, 4000 Dirhams will be charged

Registration Fees will be charged once for each real property irrespective of the number of transactions (provided that all transactions take place on the same working day)

• In case of registration of warehouse sale contract (only): 10 Dirhams per square meter of the plot on which the warehouse is built, provided that the fee shall not be less than 10,000 Dirhams

• In case of purchase at less than the market value of the real property, the fee shall be calculated based on the market value estimated by the Valuation Committee

• Urgent processing fees (For UAE Nationals in non-freehold areas): 5,000 Dirhams

Direct Sale Request2,000 Dirhams as fees for offering real property for direct sale Seller: 2% of the sale price Buyer: 2% of the sale price, in addition to the following :

• 250 Dirhams as Title Deed issuance fees • Map Issuance Fees (based on the type of real property)• Knowledge Dirham Fee of 10 Dirhams (added to each fee)

Special Sale Request Seller: 2% of the sale price Buyer: 2% of the sale price, in addition to the following :

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• 250 Dirhams as Title Deed issuance fees • Map Issuance Fees (based on the type of real property)

• Knowledge Dirham Fee of 10 Dirhams (added to each fee) • Innovation Dirham Fees

Time Needed

25 - 30 minutes

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Request for registration of deferred sale (Total/Partial)

This service allows clients to apply to register the sale or purchase (Deferred) of real property based on a payment plan agreed upon by the seller and buyer. Title Deed is issued only upon settlement of all payments.

The service is provided by the Real Estate Registration Service Department - Special Registration Unit, and the Registration Trustee Follow-up Section.

Required Documents

1- Original Title Deed2- No Objection Certificate (in case of sale based on the map)3- Sale Agreement (MOU)4- Legible black and white copies of valid Passports of the Seller and

Buyer • UAE Nationals (Citizen File Number + Copy of Nationality

Certificate)• Non-UAE nationals (Arabic name will be taken from the residence

permit or No Objection Certificate, and English name will be taken from the Passport)

Where the Seller or Buyer is a company, the following document will be required:

� Sole Proprietorship1- Original and copy of the Commercial License - Original and copy

of the Owner’s Passport

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2- Original and copy of the Power of Attorney (The power to sell must be stipulated) + Copy of the Passport of the Attorney

� Limited Liability Company (LLC)1- Trade license + Page of partners and equities (original and copy)2- Certificate of Incumbency 3- Original and copy of the Memorandum of Association (translated

into Arabic where required)

� If the company is located in the areas related to Jebel Ali (Free Zone):

• If it is outside the Emirate of Dubai, it shall be registered at Jebel Ali Free Zone.

• Commercial license.• Memorandum of Association (translated into Arabic).• Positions Certificate.• Certificate of good conduct.• In case the company is owned by another company, all the

documents of all the companies shall be brought.• In case the company is owned by individuals, a No Objection

Certificate shall be issued by Jebel Ali Free Zone.• Minor (below 21 years old), a No Objection Certificate shall be

required from Dubai Courts or Minors Affairs.• In case of sale of land, the original power of attorney will be

submitted.• If the power of attorney is drafted in both Arabic and English, the

Arabic version will prevail.

Fees

Seller: 2% of the sale price +Knowledge Dirham Fee of 10 Dirhams

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Buyer: 2% of the sale price + 380 Dirhams and 530 Dirhams as follows:

• 250 Dirhams as Title Deed issuance fees • 100 Dirhams for a land plot, or 530 Dirhams for villa or apartment • 30 Dirhams as Knowledge Dirham fees (10 Dirhams added to

each fee)

Registration Fees • 4,000 Dirhams if the real property price exceeds 500,000

Dirhams• 2,000 Dirhams if the real property price is less than 500,000

Dirhams• Innovation Dirham Fees

Time Needed

25 - 30 minutes

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Request for Registration of Land Addition by Sale

This service allows clients to apply to register the purchase by individuals of land from the government and addition of this land to their own land.

The service is provided by the Department of Real Estate Registration Services - Special Registration Unit.

Required Documents

1- Original letter from the seller2- Original copy of the Title Deed of the amalgamated land3- Original copy of the land map4- Copy of the buyer’s passport or Emirates ID Card

Fees

1- 4% of the sale price to be paid by the buyer 2- 250 Dirhams as Title Deed issuance fee 3- Map Issuance Fees (based on the type of real property)4- 10 Dirhams as Knowledge Fees (added to each fee)

Urgent processing fees (for UAE Nationals in non-freehold areas): 5- 5,000 Dirhams6- Innovation Dirham fees

Time Needed

15 - 20 minutes

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Request for registration of Off-plan Sale (on Oqood System)

This service allows clients to sell real property off-map. The attendance of seller and buyer is a must in this case.

The service is provided by the Special Registration Unit and the Registration Trustee Follow-up Section.

Required Documents

1- No Objection Certificate from the developer2- Sale Agreement (MOU)3- Legible black and white copies of valid Passports of the Seller and

Buyer• UAE Nationals (Citizen File Number + Copy of Nationality

Certificate)• Non-UAE nationals (Arabic name will be taken from the residence

permit or No Objection Certificate, and English name will be taken from the Passport)

Where the Seller or Buyer is a company, the following document will be required:

� Sole Proprietorship1- Original and copy of the Commercial License - Original and copy

of the Owner’s Passport 2- Original and copy of the Power of Attorney (The power to sell

must be stipulated) + Copy of the Passport of the Attorney

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� Limited Liability Company (LLC)1- Trade license + Page of partners and equities (original and copy)2- Certificate of Incumbency 3- Original and copy of the Memorandum of Association (translated

into Arabic where required)

� If the company is located in the areas related to Jebel Ali (Free Zone)

• If it is outside the Emirate of Dubai, it shall be registered at Jebel Ali Free Zone.

• Commercial license.• Memorandum of Association (translated into Arabic).• Positions Certificate.• Certificate of good conduct.• In case the company is owned by another company, all the

documents of all the companies shall be brought.• In case the company is owned by individuals, a No Objection

Certificate shall be issued by Jebel Ali Free Zone.• Minor (below 21 years old), a No Objection Certificate shall be

required from Dubai Courts or Minors Affairs.• In case of sale of land, the original power of attorney will be

submitted.• If the power of attorney is drafted in both Arabic and English, the

Arabic version will prevail.

Fees

Seller: 2% of the sale price +Knowledge Dirham Fee of 10 Dirhams Buyer: 2% of the sale price + Knowledge Dirham Fee of 10 Dirhams2000 Dirhams (to be paid in advance to the Land Department, and

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payment receipt to be attached)

Registration Fees:3000 Dirhams if the real property price equals or exceeds 500,000 Dirhams 1500 Dirhams if the real property price is less than 500,000 Dirhams

Innovation Dirham fees

Time Needed

25 - 30 minutes

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