WHAT WE DO

WHAT WE DO

Sell

Property Sale Registration

TTransfer of ownership of a property to another party for an amount that values its property and agreed by the parties after the necessary requirements of the Dubai Land department and Dubai government have been met. Different kinds of transfer include Delayed sale and Usufruct.

OnTime Property Registration helps all those who need to register their properties, to complete all the related registrations and transactions in an easy and cost effective way.

Sell

Required Documents:

  • Original title Deed.
  • Original NOC from Developer.
  • MOU Sale agreement form (F).
  • Original passport, visa, Emirates ID (seller and buyer).
  • Seller Chq.
  • Land Department Fees:
    4% from selling price + 580 AED (If Apartment, Villa) or + 430 AED (If Land) (Manager chq).
  • Registration Trustee Fees:
    4,000 AED if the price of the property equal or more than 500,000 AED.
    2,000 AED if the price of the property less than 500,000 AED.

Delayed Sell

Required Documents:

  • Original Delayed Sale contract.
  • No Objection Certificate (NOC) from Developer
  • MOU Sale agreement form (F).
  • Original Lease Letter from bank.
  • Original passport, visa, Emirates ID (seller and buyer)
  • Land Department Fees:
    4% of sale price + 40 AED.
  • Registration Trustee Fees:
    4,000 AED if the price of the property equal or more than 500,000 AED
    2,000 AED if the price of the property less than 500,000 AED.

LLC Company Sale

Required Documents:

  • Original title Deed.
  • Original NOC from Developer
  • MOU Sale agreement form (F).
  • Trade license with valid full set of the parties.:
  • Board of Resolution/Power of attorney (Documents Required).
  • Company Stamp
  • Original passport, visa, Emirates ID (seller and buyer)
  • Seller Chq.
  • Land Department Fees:
  • Original passport, visa, Emirates ID..
  • Land Department Fees:
         4% from selling price + 580 AED (If Apartment, Villa) or       + 430 AED (If Land) (Manager chq).
  • Registration Fees: 4,000 AED.if the price of the property equal or more than 500,000 AED.
  • Registration Fees: 2,000 AED if the price of the property less than 500,000 AED.
  • Offshore Company Sale

    An Offshore Overseas Company (e.g. BVI) must be registered in any free zone in Dubai to purchase a property. If Free Zone Company own by Overseas Company (e.g. BVI), required documents are listed below.

    • Original title Deed
    • MOU Sale agreement (form-F).
    • No objection certificate (NOC) from developer.
    • No objection certificate (NOC) from a Free Zone (Only for buying) (for selling not required).
    • Certificate of Good Standing. (Attestation + Arabic legal translation).
    • Certificate of Incorporation. (Attestation + Arabic legal translation).
    • Certificate of Incumbency. (Attestation + Arabic legal translation).
    • Memorandum of Association. (Attestation + Arabic legal translation).
    • Shareholder Resolution. (Attestation + Arabic legal translation).
    • Company Stamp.
    • Original passport, visa, Emirates ID (seller and buyer)
    • Land Department Fees:
      4% from selling price + 580 AED (If Apartment, Villa) or + 430 AED (If Land) (Manager chq)
    • Registration Trustee Fees: 4,000 AED if the price of the property equal or more than 500,000 AED..
    • 2,000 AED if the price of the property less than 500,000 AED.

    Free Zone Sale

    Required Documents:

    • Original title Deed.
    • MOU Sale agreement (form-F).
    • No objection certificate (NOC) from developer.
    • No objection certificate (NOC) from a Free Zone (Only for buying) (for selling not required).
    • Certificate of Good Standing.
    • Certificate of Incorporation..
    • Certificate of Incumbency.
    • Memorandum of Association. (Arabic legal translation).
    • Shareholder Resolution. (Arabic legal translation).
    • Company Stamp
    • Original passport, visa, Emirates ID (seller and buyer)
    • Land Department Fees: 4% from selling price + 580 AED (If Apartment, Villa)or + 430 AED (If Land) (Manager chq).
    • Registration Trustee Fees:
      4,000 AED if the price of the property equal or more than 500,000 AED..
      2,000 AED if the price of the property less than 500,000 AED..
    • Note: If the company owned by (one or two) person(s) and (he or they) will sign no need for shareholder resolution. Free Zone (In Dubai): Incumbency Valid is, If:

    • Company is a seller; (10 working days) from the date of certificate issued.
    • Company is a buyer; (two months) from the date of certificate issued.

    Property Pre-registration (Oqood).

    • As the name suggests, Oqood, means “contracts” in Arabic. It aims to register all types of contracts between off-plan properties developers and buyers. Also known as an initial registration, which is a transfer of a property in a building that is still under constructions or has not been fully developed yet (off plan).
    • OnTime Property Registration helps all builders and developers who need to register their under-construction property to complete all the related registrations and transactions in an easy and cost effective way.

    Sell Pre-registration / Oqood

    • Required Documents:
    • Oqoodi Initial Contract.
    • No objection certificate (NOC) from developer.
    • MOU Sale agreement form (F).
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees:
      4 % of sale price + 40 AED.
    • Registration Trustee Fees:
      5,000 AED if property value equal or more than 500,000 AED.
      3,500 AED if property value is less than 500,000 AED.

    Mortgage Pre-registration / Oqood

    • Required Documents:
      • Initial contract.
      • Original Mortgage Letter from bank
      • 3 Original mortgage contracts stamped by the bank.
      • Original passport, visa, Emirates ID.
      • Certificate of Good Standing. (Attestation + Arabic legal translation).
      • Land Department Fees:
        0.25% of Mortgage price + 20 AED.
      • Registration Trustee Fees:
        5,000 AED..

    LLC Company Sale Pre-registration / Oqood

  • Required Documents:
    • Initial Oqoodi Contract.
    • Original NOC from Developer.
    • MOU Sale agreement form (F).
    • Copy of Trade license.
    • Board of Resolution/Power of attorney (Documents Required).
    • Company Stamp.
    • Original passport, visa, Emirates ID (seller and buyer).
    • Shareholder Resolution. (Arabic legal translation).
    • Company Stamp.
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees:
      4% from the selling price +40 AED (Manager chq).
    • Registration Trustee Fees:
      5,000 AED if the price of the property equal or more than 500,000 AED
      3,500 AED if the price of the property less than 500,000 AED

    Free Zone (Dubai) Company Sale Pre-registration / Oqood

  • Required Documents:
    • Oqoodi Initial Contract.
    • MOU Sale agreement (form-F).
    • No objection certificate (NOC) from Developer.
    • No objection certificate (NOC) from a Free Zone. (Only for buying) (for selling not required)
    • Certificate of Good Standing
    • Certificate of Incorporation..
    • Certificate of Incumbency.
    • Memorandum of Association. (Arabic legal translation).
    • Shareholder Resolution. (Arabic legal translation).
    • Company Stamp.
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees: 4% transfer charges of the selling price + AED 40 (Manager chq).
    • Registration Trustee Fees:
    • 5,000 AED if property value equal or more than 500,000 AED.
      3,500 AED if property value is less than 500,000 AED.
    • Free Zone (In Dubai): Incumbency Valid is, If:
    • Company is a seller; (10 working days) from the date of certificate issued
    • Company is a buyer; (two months) from the date of certificate issued.
    • If the company owned by (one or two) person(s) and (he or they) will sign no need for shareholder resolution.

    Offshore Company Sale Pre-registration / Oqood

    • Required Documents:
    • Oqoodi Initial Contract.
    • MOU Sale agreement (form-F).
    • No objection certificate (NOC) from Developer
    • No objection certificate (NOC) from a Free Zone. (Only for buying) (for selling not required).
    • Certificate of Good Standing. (Attestation + Arabic legal translation)
    • Certificate of Incorporation. (Attestation + Arabic legal translation)
    • Certificate of Incumbency. (Attestation + Arabic legal translation).
    • Memorandum of Association. (Attestation + Arabic legal translation).
    • Company Stamp
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees:
      4% transfer charges of the selling price + AED 40 (Manager chq)..
    • Registration Trustee Fees:
      5,000 AED if property value equal or more than 500,000 AED.
      3,500 AED if property value is less than 500,000 AED.
    • Offshore Overseas Company (e.g. BVI) Incumbency Valid is:
    • For Sell/Buy, (two months) from the date of certificate issued.
    • All Offshore Overseas Company (e.g. BVI) documents must be attested in Ministry of Foreign Affairs Home Country, UAE Embassy Home Country and Ministry of Foreign Affairs in UAE + Arabic legal translation. If an Offshore Overseas Company (e.g. BVI) want to sell a property in Dubai, they can sell directly but If an offshore (Overseas Company e.g. BVI) want to buy a property in Dubai, they must register a company in any Free Zone in Dubai and then they should get NOC from a Free Zone and NOC from Dubai Land Department to buy.

    Development Registration

  • Required Documents:
    • Original Title Deed
    • No Objection Certificate (NOC) from Developer.
    • MOU Sale agreement form (F).
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees:
      4% of sale price + 580 AED (if Apartment or Villa) or + 430 AED (if Land).
    • Registration Trustee Fees:
      4,000 AED if the price of the property equal or more than 500,000 AED
    • 2,000 AED if the price of the property less than 500,000 AED.

    Sell Development

  • Required Documents:
    • Original Title Deed.
    • No Objection Certificate (NOC) from Developer.
    • MOU Sale agreement form (F).
    • Original passport, visa, Emirates ID (seller and buyer).
    • Land Department Fees:
      4% of sale price + 580 AED (if Apartment or Villa) or + 430 AED (if Land).
    • Registration Trustee Fees:
      4,000 AED if the price of the property equal or more than 500,000 AED.
      2,000 AED if the price of the property less than 500,000 AED.

    Lease to Own on Development Registration

  • Required Documents:
    • Original Title Deed.
    • No Objection Certificate (NOC) from Developer.
    • MOU Sale agreement form (F).
    • Original passport, visa, Emirates ID (seller and buyer).)..
    • li>Land Department Fees:
    • 0.25% of mortgage price + 290 AED.
    • 4% of sale price + 580 AED (If Apartment) or + 430 AED (If land or villa).
    • Registration Trustee Fees:
      4,000 AED if the price of the property equal or more than 500,000 AED.
      2,000 AED if the price of the property less than 500,000 AED..

    Power of Attorney

    • Power of Attorney for Real Estate Property Registration purposes
    • Role of Power of Attorney in Real Estate Services in Dubai: The Dubai Government allows individuals to use a Power of Attorney (POA) to designate someone to act on their behalf in selling or buying properties in Dubai. If you wish to appoint someone to represent you in the fulfilment of property-related transactions, you will need a Specific POA. The POA needs to be submitted in both Arabic and English languages, as Arabic is the language used in the Dubai Courts. OnTime Property Registration helps individuals who are in possession of a Special POA to accomplish all their property related transactions. Alternatively, you can also authorize us to act on your behalf and complete the transactions for you.