Mortgage Release
Mortgage Release
01. Title Deed
02. Mortgage or Ijara release letter from the bank
03. Passport and Emirates ID of the owner
04.Mortgage release fee (AED 1,290) – Ijara release fee (AED 1,560)
05. Office fees
Dubai Land Fees
(Manager’s Cheque or Visa Card)
0.125% From valuation certificate Issuance
Trustee Office Fees: (Cash)
FAQS
Get the insights you want, whenever you need them.
1) Is the presence of both the buyer and seller mandatory?
Yes, the presence of both the buyer and seller is mandatory to initiate the transfer, except in cases where a Power of Attorney is provided.
3) Does a Power of Attorney issued outside the UAE require attestation?
Yes, a POA issued outside the UAE requires attestation by the UAE Embassy in the issuing country and MOFA in Dubai, along with a legal Arabic translation. For a UAE-issued POA, a Notary Public stamp and Dubai Court sticker are mandatory.
4) Can Dubai Land Department fees be paid in cash or by credit card?
Yes, Dubai Land Department fees can be paid in cash or by credit card.
5) Can the trustee office assist in drafting or amending the MOU?
Yes, we can prepare it for you. We can also assist the broker in completing the Electronic MOU through the Dubai Brokers application. The presence of both parties and the broker is required.
