Lease to Own Ejarah

Dubai Land Department Fees: (Manager’s Cheque addressed to “Dubai Land Department”)
Flat/Villa = 4% of the sale value + 580 AED
Land = 4% of the sale value + 430 AED
plus0.25% ofEjarahvalue + 20 AED

Registration Fees(Plus 5% VAT effective January 1, 2018):
For property value less than 500,000 AED: 2,000 AED + 100 AED = 2,100 AED
For property 500,000 AED and more: 4,000AED + 200 AED = 4,200 AED

Requirements:
o Original Certificate of Ownership (Title Deed)
o Letter from the bank
o Original N.O.C from the developer
o M.O.U (sales agreement) OR Contract F (printed from www.sim.gov.ae if no broker is involved)
o Passport, if resident: visa page and Emirates ID, if non-resident: Date of Entry (buyer,seller,POA)
o Original power of attorney in Arabic (if applicable; must mention mortgaging of properties, buying, selling or transferring the properties)

Note:
POA expiry 2 years selling / 5 years buying
*all signatories must present original Passport, Visa and Emirates ID

Note:
POA expiry 2 years for mortgage purposes
*all signatories must present original Passport, Visa and Emirates ID