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Service Description:
This procedure sells property by a letter of guarantee from concerned parties (Dubai Government, courts, Minors Foundation, Adult Heirs) or between partners.
Documents Required:
- Original Title deed.
- Letter from auctioning party.
- Original Municipality map (naming heirs).
- Auction display form (naming heirs).
- Property evaluation certificate.
- Lease contracts.
Transaction Fees:
- 1% of property value (maximum AED30000) from the heirs + AED10 for knowledge fees.
- 1% on the buyer + AED10 for knowledge fees.
- AED 10 for knowledge fees
Last Update: 19 April 2009
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