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Request for Registration of Tenancy Contract Ending with Acquisition of Title (Usufruct)

Description

This service allows clients to apply to register a tenancy contract ending with acquisition of title between the seller, the purchaser and the financing party. Payments are made by the purchaser to the financing party, until the title is acquired by the purchaser. The service is provided by the Department of Real Estate Registration and the Registration Trustee Follow-up Section.

Required Documents
  1. Title deed 
  2. NOC letter from the developer
  3. Sale Agreement 
  4. Ijarah letter from the bank stating the amount of tenancy and start and end dates
  5. Identity card of the owner

Service Procedures

The client shall apply for the service through a service channel  enclosing all required documents and  settling the fees. The application shall be reviewed and then returned where the title deed and balances will be printed and handed over to the client.

Service Fee
Seller fees: 
  • 2% of the sale value
  • 10  Knowledge Dirham 
  • 10  Innovation Dirham
Purchaser fees: 
  • 2% of the sale value or 0.25% of the rental value 
  • 250 AED equity issuance fee
  • 100 AED fee for issuance of land map (250 AED if a villa or apartment)
  • 40 Knowledge Dirham fee at the rate of 10 AED per fee
  • 40 Innovation Dirham fee at the rate of 10 AED per fee
(initial and initial registration, 2% shall be calculated of the sale value + 20 AED as knowledge Dirham and Innovation Dirham Fee)

Registration Trustee fees: 
  • If the sale value exceeds or is equal to 500,000 AED, a 4,000 AED fee shall be calculated
  • If the sale value is less than 500,000 AED, a 2,000 AED fee shall be calculated
Special Registration Unit fees:
  • For citizens, completion of a real estate disposal transaction in an urgent manner 5,000AED
  • 10  Knowledge Dirham 
  • 10  Innovation Dirham

Service Branches

Registration Trustees offices (oustide)
Dubai Land Department- Main Office
Oqood Portal- Real Estate Developers Portal

Related Services Search for Registrations Trustees
Additional Information

​N/A

Last updated 12/27/2018 10:25:39
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