Services

Registration of Mortgages

  • Registration of mortgage of property to the financer, to ensure the rights of the property, whether it is first or second degree mortgage.

 

  • Registration of the mortgage discharge through mortgage discharge, a subject to a letter by the financer.

 

Mortgage Transfer
Required documents
  • Title deed 
  • Passport copy of Owner
  • Emirates ID
  • Letter from Current Bank (to transfer loan) 
  • Letter from New Bank 
  • 3 Mortgage contracts (signed & stamped by the bank & customer)
Service Fees

Land department:

  • 0.25% of mortgage price + AED 290

 

Registration trustee fees:

  • AED 4000
Mortgage Adjustment
Required documents
  • Copy of Title Deed
  • Passport copy of Owner 
  • Emirates ID
  • Previous Mortgage Contract 
  • Mortgage Letter of Adjustment from bank 
  • 3 Mortgage Contracts
Service Fees

Land department:

  • 0.25% from mortgage price increase + AED 10

AED 1000 in case of decrease in mortgage price/increase or decrease in duration of loan or addition of term or condition.

In the event of two of the above services are required the payments will be joined. i.e. (Mortgage price increase 0.25% + AED 10, & decrease in duration of loan + AED 1000)

 

Service Fees:

  • Mortgage Increase: AED 2000
  • Other Changes: AED 300
Mortgage
Required documents
  • Original title deed
  • Owner original passport + Copy
  • Emirates ID
  • Mortgage letter (stamped & signed by the bank)
  • 3 Mortgage Contracts (stamped & signed by the bank & customer):
    • Details of land
    • Owner name only
    • Mortgage amount
    • Start and end date of mortgage
Service Fees

Land department fees:

  • 0.25% from mortgage sale + 20 AED knowledge fees
  • Buyer: 390 AED (Land), 540 (Apartment, Villa)
  • Seller: 20 AED knowledge fees

 

Registration trustee fees:

  • 4000 AED if sale amount 500,000 AED or more
  • 2000 AED if sale amount less than 500,000 AED 
Mortgage Discharge
Required documents
  • Original Title Deed
  • Original letter from the mortgagee (bank)
  • Owner original passport + copy
  • Emirates ID
Service Fees

Land department fees:

  • AED 1290

Registration trustee fees:

  • AED 300