FAQS

  • General Questions
  • What are the registration trustee fees for selling a property?

    – For property value less than 500,000 AED: 2,000 AED + 100 AED (5% VAT) = 2,100 AED

    – For property value 500,000 AED and more: 4,000 AED + 200 AED (5% VAT) = 4,200 AED

  • What are the Dubai Land Department fees for selling a property?

    – Flat/Villa = 4% of the sale value + 580 AED

    – Land = 4% of the sale value + 430 AED

  • What are the Dubai Land Department fees for discharging/ releasing a mortgage of a property?

    – 1290 AED for Mortgage release

    – 1560 AED for Lease to Own Release (Unit/Villa/Apartment) – Ejarah Release

    – 1410 AED for Lease to Own Release (Land) – Ejarah Release

  • Is there a need for POA/ Board Resolution/ Shareholders Resolution?
    If shareholder, buyer, seller or anyone involved in the buying or selling of property is not present, a POA / Shareholder / Board resolution must be presented. Documents must mention buying, selling, transferring, and or Gifting, receiving the gift of property.
  • What is the validity of the POA/ Board resolution/ Shareholder resolution?

    – Expiry 2 years selling/ 5 years buying.

    – 2 years giving gift/ 5 years receiving gifts.

  • Can companies outside UAE buy properties in Dubai?

    – Yes, companies outside UAE who intend to buy properties must first register in Dubai- Freezone.

    – NOC is required from DLD if the buying company (Dubai registered) has a company outside Dubai as its shareholder.

  • When is the NOC required from Dubai Land Department?

    NOC from DLD is needed when :

    – The company buying a property is owned by another company and not a direct individual

    – Gift transaction involving a company

  • Is the company stamp needed at the day of transfer?
    Yes, it is needed at the day if the transfer
  • Can the seller’s cheque be issued under the name of the seller’s POA?
    No, it should be issued under the name of seller only
  • Can we pay trustee fees by Cash or card?
    Yes, trustee fees can be paid by cash or card