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Request to amend Administrative, Marketing and VAT Expenses Cap

Description

This service allows real estate developers to apply for amend administrative, marketing and VAT  expenses cap prescribed for their real estate projects sold off-plan in freehold areas.


The service is provided by the Real Estate Trust Account  Section at the Real Estate Trust Account Development  Department.

Required Documents

N/A

Terms of Service  Required Documents:-

1- Technical report not exceeding 4 months
2- The completion rate shall not be less than 50% (according to a technical report issued by the Dubai Land Department)

Service Procedures

The developer shall head to the Dubai Dubai Land Department - Escrow Account Section to submit the application accompanied with all required documents. After completion of the internal procedures, the written approval shall be sent to the developer and the escrow agent.

Service Fee
None
Service Branches
Oqood Portal- Real Estate Developers Portal
Related Services
Additional Information
Last updated 10/02/2019 15:15:52
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