Services

Lease To Own (Ejara)

  • Registration of finance lease to own contract (Ejara), between the landlord and the financer in order to obtain the property's full ownership upon the completion of installments

 

  • Registration of  the finance lease to own contract's (Ejara) Terminiation upon the completion of obligations of the contract's parties
Ejara
Required documents
  • Original title deed
  • Memorandum of Understanding (MOU) (Standardized - DLD format Form F)
  • No Objection Certificate from Developer (NOC)
  • Original passport + copy (Owner)
  • Letter from the Bank
Service Fees

Land department fees:

  • Buyer: 2% from sale amount + AED 20 
  • Seller: 2% from sale amount + AED 390 or AED 540 
  • 0.25% from mortgage amount + AED 10

 

Registration trustee fees:

  • 4000 AED if sale amount is 500,000 AED or more
  • 2000 AED is sale amount is less than 500,000 AED
Discharge Ejara
Required documents
  • Original title deed
  • Discharge letter from the Bank
  • Original Passport of the Owner
  • Emirates ID
Service Fees

Land department fees:

  • 1000 AED for Discharge
  • 410 AED (Land)
  • 560 AED (Apartment, Villa)

 

Registration fees:

  • AED 300
  • Oqoodi: AED 1200
Finance Lease
Required documents
  • Original title deed
  • A letter from the financer about the termination of the finance lease contract
  • Owner passport + Copy
  • Emirates ID
  • Power of Attorney (If available) (Specifically should mention the term "mortgage")
Service Fees

Land department fees:

  • 0.25% of mortgage amount + 560 (if villa/apartment) or 410 (if land)

 

Registration trustee fees:

  • 4000 AED