Mortgage

Mortgage Registration

Required documents are:

  • Original certificate of ownership.
  • UAE national ID and Passport for UAE resident or original passport for non-resident.
  • Mortgage letter from the bank stamped and signed by the bank.
  • 3 original mortgage contracts signed and stamped by the bank and customer (name of land owner, mortgage amount, start and end date of mortgage).
  • Bank representative to submit the documents.
  • For Delayed Sell and Off Plan Property, NOC from developer is required to Land Department.

Dubai land department fees (Manager’s Cheque, DLD Link and Visa)

0.25% of mortgage price plus AED 290 if villa/flat/land.

Registration trustee office fees

  • AED 4,200

Mortgage Transfer

Required documents are:

  • Original certificate of ownership.
  • UAE national ID and Passport for UAE resident or original passport for non-resident.
  • Letter from current bank to transfer the loan.
  • Letter from new bank.
  • 3 mortgage contracts (signed and stamped by the bank and customer).

Dubai land department fees (Manager’s Cheque, DLD Link and Visa)

0.25% of mortgage price plus AED 20.

Registration trustee office fees

  • AED 4,200.

Mortgage Pre-registration

Required documents are:

  • OQoodi initial contract.
  • UAE national ID and Passport for UAE resident or original passport for non-resident.
  • Mortgage letter from the bank stamped and signed by the bank.
  • 3 original mortgage contracts signed and stamped by the bank and customer (name of land owner, mortgage amount, start and end date of mortgage).

Dubai land department fees (Manager’s Cheque, DLD Link and Visa)

0.25% of mortgage price plus AED 20.

Registration trustee office fees

  • AED 5,250.

Mortgage Release

Required documents are:

  • Original certificate of ownership.
  • Original mortgage contract.
  • Original mortgage release letter from the bank.
  • UAE national ID and Passport for UAE resident or original passport for non-resident.

Dubai land department fees (Manager’s Cheque, DLD Link and Visa)

  • AED 1,290.

Registration trustee office fees

  • AED 315.

Mortgage Adjustment

Required documents are:

  • Copy of certificate of ownership.
  • UAE national ID and Passport for UAE resident or original passport for non-resident.
  • Previous mortgage contract.
  • Mortgage letter of adjustment from the bank.
  • 3 copies of mortgage contracts (name of land owner, mortgage amount, start and end date of mortgage).

Dubai land department fees (Manager’s Cheque, DLD Link and Visa)

  • 0.25% from mortgage price increase plus AED 20.
  • AED 1,000 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 (mortgage price increase 0.25% plus AED 20 and decrease in duration of loan plus AED 1,000.

Registration trustee office fees

  • AED 315 if increasing or reducing the period or, add a note.
  • AED 2,100 if increasing or reducing the amount of the mortgage.