Mortgage
Mortgage
- Title deed
- A letter from the mortgagee bank and the presence of the authorized person from the bank
- For Power of Attorney, original title deed notarized from the court or Ministry of Foreign Affairs if it is outside the country, not more than two years
- Three mortgage contracts certified from the mortgagee bank
Land department Fees
- 0.25% of the mortgage value + AED 290 as knowledge surcharge
Registration Trustee Fees
- AED 4,000 + AED 200 (5% VAT) if the property value is AED 500,000 or more
- AED 2,000 + AED 100 (5% VAT) if the property value is less than AED 500,000
Mortgage Discharge Request
- Original title deed
- Owner original passport + copy
- Emirates ID
- Original letter from the mortgagee for redemption
- Both original mortgage contracts (does not require the presence of the owner)
Land Department Fees
- AED 1,000 for mortgage discharge
- AED 290 as knowledge surcharge for each fee
Registration Trustee Fees
- AED 300 + AED 15 (5% VAT)
Mortgage Adjustment
- Original title deed
- Passport copy of owner
- Original mortgage contract
- A letter from the bank indicating the new duration with the presence of the authorized signatory of the bank
- Three new mortgage contracts certified and signed by both parties
Land Department Fees
- AED 1,000 to modify the mortgage period
- 0.25% of the new mortgage value
- AED 290 as knowledge surcharge
Registration Trustee Fees
- AED 300 + AED 15 (5% VAT) if amended was on the date
- AED 2,000 + AED100 (5% VAT) if amended was on the value