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Request for Transfer of Finance Lease Contract

Description

​This service allows clients to apply to transfer a finance lease with the bank.

Required Documents
  1. Original title deed
  2. NOC letter from the former financer on the transfer of the finance lease
  3. Letter from the new financer on the registration of the finance lease, stating the start and end dates and the lease amount
  4. 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
  • 0.25% of the finance value
  • 250 AED title deed issuance fee
  • 100 AED land plan issuance fees (250 AED if a villa or apartment)
  • 30 AED Knowledge Dirham fee at the rate of 10 AED per fee
  • 30 AED Innovation Dirham fee at the rate of 10 AED per fee                                     
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 12/30/2018 10:46:20
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