Questions & Answers
Questions & Answers
3 available 3 • View allMortgage for non-residents
1
Q: I would like to apply for the mortgage in one of the banks in Dubai to purchase a property. Is this possible without residence visa and if yes, so which documents will be required from my side?

May 31, 2016
1886
Property registration fee in Dubai
0
Q: Could you tell me please, when property registration fee was changed from 2% to 4% (starting date) and by which law?
Thanks in advance.
Regards,
Alexander

Jul 25, 2017
632
Sale of a property and completing the transactions of transfer
1
Q: Can the following transaction(s) be done amongst the buyer/seller through the developer and Dubai Land Department in ONE ( 1 ) DAY?
1- Balance payment paid to the developer against the property.
2- NOC charges paid to the developer for property registration in Dubai Land Department.
3- PoA sold the same property to a new buyer on the same date.
4- Developer issued property registration letter to Dubai Land Department in favour of the new buyer.
5- New buyer paid Oqood, ERES, property registration charges on the same date.
6- Intial contract of sale issued to the new buyer by Dubai Land Department on the same date.
7- Transfer of ownership of the same property done by Dubai Land Department from legal heirs of the deceased to the new buyer on the same date.
8- Property Registration Letter of depicting that the deceased legal heirs sold it on the same date.
9- Passport of the Attorney was expired ( so how come these transactions can be honored legally as per Dubai real estate laws )?

May 24, 2018
2361
Laws & Regulations
3 available 3 • View allRegulation No. (3) of 2006 Determining Areas for Ownership by Non-UAE Nationals of Real Property in the Emirate of Dubai 4
This Regulation determines areas where non-UAE nationals may acquire freehold ownership rights over real property without time restriction, usufruct rights, or leasehold rights for up to ninety-nine in the Emirate of Dubai.
Jun 7, 2006
3873
Law No. (7) of 2006 Concerning Real Property Registration in the Emirate of Dubai 1
This Law sets the rules and procedures for registration of real property in Dubai. The right to own real property in Dubai is restricted to UAE and GCC nationals, to companies fully owned by these and to public joint stock companies. Freehold ownership by non-UAE nationals may be approved by the Ruler in certain areas.
Mar 13, 2006
3785
Executive Council Resolution No. (30) of 2013 Approving Fees of the Land Department 1
This Resolution sets the fees for registration of real property dispositions in the real property register, including those related to completed, under-construction, or offplan real property, as well as the fees for services provided by Dubai Land Department.
Sep 18, 2013
2690

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