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Request for Amendment of Finance Lease Contract

Description
This service allows customers to apply to amend a finance lease with the bank.
Required Documents
  1. Original title deed
  2. Letter from the financer for the amendment
  3. Identity card of the owner
Service Procedures

The customer shall apply for the service through a service channel.

The application shall be reviewed and then returned where the title deed and balances will be printed and handed over to the customer.

Service Fee

Fees for amendments to the mortgage amount:

  • 0.25% of the fees shall be calculated from the value of increase in the mortgage amount
  • AED 10 Knowledge Fees
  • AED 10 Innovation Fees

Fees for amendments to the mortgage period:

  • AED 1,000
  • AED 10 Knowledge Fees
  • AED 10 Innovation Fees

Registration Trustee fees:

  • 2,000 AED in case of increase in the mortgage amount
  • 300 AED in case of amendment to the mortgage period

Special Registration Unit fees:

  • For citizens, a real estate disposal transaction shall be completed urgently for a fee of AED 5,000
  • AED 10 Knowledge Fees
  • AED 10 Innovation Fees
Service Branches
  • Registration Trustees offices (oustide)
  • Dubai Land Department- Main Office
  • Oqood Portal- Real Estate Developers Portal
Related Services Request for a Map - Search for Registrations Trustees
Additional Information

​N/A

Last updated 10/02/2019 14:56:12
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