EJARA TO OWN REGISTRATION
❖ Registration of Ejara that ends with ownership contract between the property buyer and a financing entity by which all payments are collected from the buyer to the financing entity and ends with the buyer owning the property.
Standard Fees
For Seller: 2% of the selling value
Innovation Dirham Fees Seller: Dhs. 10
For Buyer: 2% of the selling value + the following:
Innovation Dirham Fees Buyer: Dhs. 40
Title Deed: Dhs.250
Map issue fees: (Depending on the property type)
Knowledge Dirham: 10 for each fee
Service Fees
– 4000 Dirham if the value of the property is equal or more than 500,000 Dirham
– 2000 Dirham if the value of the property is less than 500,000 Dirham
Required Documents
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Original Title Deed
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NOC from the property developer
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MOU (Sales Agreement)
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Ejara Letter from the bank stating the Ejara value, start and end.
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Clear and not colored copies of Seller and Buyer passports (Valid) or Emirates IDs
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Citizen (The number of dossier + Copy of nationality)
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Non citizen (Pick the Arabic name from the residency or the NOC, and pick the English name from the passport).
