Lease To Own On Development Registration

Lease To Own on 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:

• 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 + 200 AED (5% VAT) if the price of the property equal or more than 500,000 AED.
• 2,000 AED + 100 AED (5% VAT) if the price of the property less than 500,000 AED.