Owning a property in Dubai is a significant investment, and at some point, you may need to transfer ownership.
Whether you’re selling, gifting, or inheriting a property, the process can be complex and overwhelming.
To help you navigate this process, we’ve outlined the steps to transfer property ownership in Dubai.
Step 1: Obtain a No-Objection Certificate (NOC) from the Developer
Before transferring ownership, you’ll need to obtain an NOC from the developer.
This certificate ensures that the developer has no objections to the transfer of ownership.
Step 2: Gather Required Documents
To complete the transfer process, you’ll need to gather the following documents:
- Property deed (known as the “jawaz”)
- Property valuation report
- Passport copy of the seller
- Emirates ID copy of the seller
- Power of Attorney (if applicable)
- NOC from the developer (if applicable)
Step 3: Submit Documents to the Dubai Land Department
Once you have all the necessary documents, submit them to the Dubai Land Department (DLD).
The DLD is responsible for registering property transactions and issuing new property deeds.
Step 4: Pay Registration Fees
When submitting your documents, you’ll need to pay registration fees.
The fees vary depending on the property’s value, ranging from AED 2% to AED 5% of the property’s value.
Step 5: Sign the Property Deed
After paying the registration fees, sign the property deed in front of a notary public.
This ensures that both parties are aware of their responsibilities and obligations as property owners.
Step 6: Obtain a New Property Deed
After signing the property deed, you’ll receive a new property deed reflecting the updated ownership details.
This document is proof of ownership and is required for any future transactions involving the property.
Step 7: Update Your Property Records
Finally, update your property records with the Dubai Land Department (DLD).
This includes updating your property’s ownership details and any other relevant information.
Conclusion
Transferring ownership of a property in Dubai can be a complex process, but by following these steps, you can ensure a smooth transaction.
From obtaining an NOC from the developer to updating your property records, each step is crucial in ensuring that your property ownership is transferred correctly.
