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Service Description:
- Registering Long-Term Lease Contract
This procedure registers areas for foreigners under a fixed 99-year contract.
- Registering lease to own contract
(IJARAH)
This procedure leases land via a financier ending in the property’s ownership transfer.
- Extending Lease to own contract (IJARAH)
Extending the Period of the contract approved via agreement between both parties.
- Terminating Lease to own contract (IJARAH)
Lease contract is terminated at the Land Department upon expiry of contract period agreed between both parties.
- Transferring Lease to own contract (IJARAH)
This procedure transfers the lease from one party to another- (party refers to the tenant)
Documents Required:
- Registering Long-Term Lease Contract
- Letter from the leasing party.
- Title Deed.
- Original map.
- Original lease contract.
- Registering lease to own contract
(IJARAH)
- Title Deed.
- Original map.
- Lease contract.
- خطLetter from the developer.
- Selling contract.
- Extending Lease to own contract (IJARAH)
- Title Deed.
- Endorsed letter extending the lease attached to lease amendment contract.
- Terminating Lease to own contract (IJARAH)
- Title Deed.
- Lease termination letter.
- Transferring Lease to own contract (IJARAH)
- Title Deed.
- Endorsed letter transferring the lease contract+ amended lease transfer contract.
Transaction Fees:
- Registering Long-Term Lease Contract Fees
Total fees charged as follows:
- 1% of lease value charged on the tenant + AED10 for knowledge fees.
- AED175 Title Deed issuance fee + AED10 for knowledge fees.
- AED100 Map issuance fee + AED10 for knowledge fees.
- Registering lease to own contract Fees
Total fees calculated as follows:
- If the lease value is below 60% of the selling price; 1% is charged on the seller & 1.75% is charged on the tenant from 60% + AED10 for knowledge fees (on both the buyer & seller).
- If the lease value equals or exceeds 60% of the selling price; 1% is charged on the seller and 1.75% of the lease value on the tenant + AED10 for knowledge fees (on buyer & seller).
- Extending Lease to own contract (IJARAH) Fees
Total fees charged as follows:
- AED1000 charged for registering extension provided the lease value is not changed. In the event there was an increase, 1.75% will be charged on the additional sum.
- AED10 for knowledge fees.
- Terminating Lease to own contract (IJARAH) Fees
- AED1000 charged upon expiry of lease period or termination of lease contract based on agreement between both parties+ AED10 for knowledge fees.
- AED175 Title Deed issuance fee + AED10 for knowledge fees.
- AED100 Map issuance fee + AED10 for knowledge fees.
- AED10 for knowledge fees.
Last Update: 19 April 2009
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