This service allows real estate developers to apply to register their projects in which real estate units will be sold off-plan in freehold areas, and to open escrow accounts for these projects to deposit the amounts received from investors. All real estate developers who have real estate projects in freehold areas are eligible to apply for this service.
The service is provided by the Real Estate Developers Registration Section the Real Estate Trust Account Development Department.
1. Application form for registration of the project.2. List of the registration requirements.3. Title deed of the land (in case the owner of the land and the project developer are two different persons, a development contract shall be submitted)4. No Objection Letter from the master developer stating the project name and authorizing off-plan sale and marketing.5. Final Building Permits.
The Client shall access the Oqood Portal and choose Trust Account System and apply for Request to register a project along with attaching all the requirements and pay the fees through Noqodi and once the internal procedure is completed an email is sent to client to enter the oqood portal and receive the outputs .
Oqood Portal- Real Estate Developers Portal
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Last updated 19/10/2019 02:35:55 PM
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