Registration Of Amendment/Transfer Of Lease Ending With Ownership (Complementary)

It is the process of amending a lease contract ending with ownership of a real estate unit or a real estate or the transferring of a lease contract ending with ownership of a real estate from one financer to another financer or the transferring of a lease contract ending with ownership from one real estate to another real estate based on a letter issued from the bank.

Required Documents

    Individuals

  • The original title deed and site plan or ownership certificate for the real estate unit.

  • Proving the identity of the customer or his representative legally.

  • A letter from the bank to amend the lease contract for the property or real estate unit

  • Objection certificate from the developer of the real estate unit.

    • Business

  • The original title deed and site plan or ownership certificate for the real estate unit.

  • Proving the identity of the customer or his representative legally.

  • A letter from the bank to amend the lease contract for the property or real estate unit

  • Objection certificate from the developer of the real estate unit.

  • Establishment contract and commercial license for institutions and companies.

Process

  • 1 Submit the application through the Digital Services Portal
  • 2 Review the application and ensure that the requirements are met and approved by the department
  • 3 Payment of fees
  • 4 Receipt of Title Deed / Ownership Certificate / certificate of long term lease

Service fees

  • AED 500 as amendment of a lease contract ending with ownership.

  • 0.25% transfer of lease ending with ownership from one financer to another financer

  • AED 500 transfer of lease ending with ownership from one real estate to another

  • AED 350 as fees for the issuance of a title deed and a site plan or ownership certificate of a real estate unit

  • AED 350 issuance of lease certificate ending with ownership.

Service Duration

  • 9 Minutes