Lease to Own / Release

• Mortgage Release
  Dubai Land Department Fees: (Manager’s Cheque addressed to “Dubai Land Department”)
  1290 AED for Mortgage release
  1560 AED for Lease to Own Release (Unit/Villa/Apartment)
  1410 AED for Lease to Own Release (Land)
  
  Registration Fees(Plus 5% VAT effective January 1, 2018):
  300 AED+ 15 AED = 315 AED
  
  Requirements:
  o Original Certificate of Ownership (Title Deed)
  o Original Bank Mortgage Release letter
  o Passport Owner / POA & Owner passport + copy (if applicable)
  o Visa page and Emirates ID if resident / Date of Entry if non-resident
  o Original power of attorney in Arabic (if applicable)
  
• OQOODI Release
  Dubai Land Department Fees: (Manager’s Cheque addressed to “Dubai Land Department”)
  1020 AED for Oqood release
  
  Registration Fees(Plus 5% VAT effective January 1, 2018):
  1200 AED+ 60 AED = 1,260 AED
  
  Requirements:
  o Original Certificate of Ownership (Title Deed)
  o Original Bank Mortgage Release letter
  o Passport Owner / POA & Owner passport + copy (if applicable)
  o Visa page and Emirates ID if resident / Date of Entry if non-resident
  o Original power of attorney in Arabic (if applicable)