We assist with the transfer or registration of blocked property under the new buyer’s name, which was previously blocked due to nonpayment of leases by the previous owner.
Required documents
Required documents
Title Deed.
NOC (No Objection Certificate) - Original/Electronic copy/ENOC from the developer.
Liability Certificate from the bank in Arabic (Original) with details below:
The letter must be addressed to the Dubai Land Department.
Property details must be mentioned.
The full amount of remaining mortgage to be paid must be stated.
The letter must mention that the bank/financial institution will release the property after payment has been received.
Unified sales contract from Dubai rest application, if broker is involved OR MOU (Contract F).
Cheque between Buyer and Seller (manager's cheque).
Cheque to the bank for the remaining mortgage (manager's cheque).
Cheque to the Dubai Land Department - 4% + 580 (if villa/unit) and 430 (if land) (manager's cheque).
Emirates ID (buyer, seller, POA).
Passport copy with entry stamp, if non-resident.
Original power of attorney in Arabic (if applicable; must mention buying, selling or transferring the properties).
Land Department Fees
BLOCKING FEE:= 1020 AED.
UNBLOCKING FEE AS BELOW:
Mortgage release =1290 AED.
Lease to Own Release Unit/Villa/Apartment =1560 AED.
Lease to Own Release Land =1410 AED.
4% from selling price + 580 (If Apartment, Villa) or + 430 (If Land) through a manager’s cheque in the name of Dubai Land Department.
Our Fees
525 including 5% VAT for Blocking Application Unblocking Applications: 315 for Release.
4200 including 5% VAT if the price of the property is equal or more than 500,000.
2100 including 5% VAT if the price of the property is less than 500,000.
If you are interested in purchasing or investing in a property, but are not ready to commit to a full purchase, we are available to help with your lease to own transaction.
We can help you proceed with the transaction of selling your development property in Dubai. Our team will guide you through the process and ensure that all legal requirements are met.
Our team can assist you in registering your development project with the relevant authorities. We are well-versed in the necessary procedures and can ensure a quick and efficient registration process.
Sell / transfer your property with confidence and peace of mind. Our expert advisors will guide you through the process to ascertain all legal aspects are covered.
