Lease to Own (Ejarah)
Required documents are:
- Original certificate of ownership.
- Original no objection certificate from developer (free hold only).
- UAE national ID and Passport for UAE resident or original passport for non-resident.
- Original lease letter from the bank.
- MOU – Sale agreement form (F).
Dubai land department fees (manager’s cheque)
- 4% of price plus AED 580 if villa/flat. AED 430 for land.
- 0.25% of leasing price.
Registration trustee office fees
- AED 2,100 if sale amount is less than AED 500,000.
- AED 4,200 if sale amount is AED 500,000 or more.
Release of Lease to Own
Required documents are:
- Original certificate of ownership.
- UAE national ID and Passport for UAE resident or original passport for non-resident (owner).
- Release letter from the bank.
Dubai land department fees (manager’s cheque)
- AED 1,560 if villa/flat. AED 1,410 for land.
Registration trustee office fees
- AED 315.
