Sell Pre Registration / Oqoodi

  • Individual

    Sell Pre Registration

    Service Requirements:

    • 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 + 250 AED (5% VAT) if property value equal or more than 500,000 AED.
    • 3,500 AED + 175 AED (5% VAT) if property value is less than 500,000 AED.

    NOTE: If the seller presented by POA (power of attorney), below fees will be applied:

    • 8% of sale price for Land Department Fees.
    • 10,000 AED + 500 AED (5% VAT) Registration Trustee Fees.

    LLC Company

    Pre-Registration/Oqoodi.

    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).

    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)

    Pre-Registration/Oqoodi.

    Note: If Free Zone Company own by Individual, required documents are listed below.

    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.

     

    NOTE:  The Incumbency certificate is Valid
    Free Zone (In Dubai): Incumbency Valid is, If:
    if issued in UAE (For selling 30 days, For buying 180 Days)
    if issued in Out side UAE (For selling 90 days, For buying 180 Days) .

    Note: If the company owned by (one or two) person(s) and (he or they) will sign no need for shareholder resolution.

    .

    Offshore BVI

    Pre-Registration/Oqoodi.

    NOTE: An offshore Overseas Company (e.g. BVI) must be registered in any free zone in Dubai to purchase a property.

    Note: If Free Zone Company own by Overseas Company (e.g. BVI), required documents are listed below.

    Required Documents:

    1. Oqoodi Initial Contract.
    1. MOU Sale agreement (form-F).
    1. No objection certificate (NOC) from Developer.
    1. No objection certificate (NOC) from a Free Zone. (Only for buying) (for selling not required).
    1. No objection certificate (NOC) from Dubai Land Department. (Only for buying) (for selling not required).
    1. Certificate of Good Standing. (Attestation + Arabic legal translation).
    1. Certificate of Incorporation. (Attestation + Arabic legal translation).
    1. Certificate of Incumbency. (Attestation + Arabic legal translation).
    1. Memorandum of Association. (Attestation + Arabic legal translation).
    1. Shareholder Resolution. (Attestation + Arabic legal translation).
    1. Company Stamp.
    1. 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.

     
     

    NOTE:  The Incumbency certificate is Valid
    Free Zone (In Dubai): Incumbency Valid is, If:
    if issued in UAE (For selling 30 days, For buying 180 Days)
    if issued in Out side UAE (For selling 90 days, For buying 180 Days) .

    NOTE: 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.

    NOTE: 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.

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