Oqoodi

Oqoodi

  • Oqoodi Contract
  • NOC
  • MOU
  • Passport Copies + original (buyer & seller)
  • Power of Attorney

Land Department Fees

  • 4% of sale price + AED 40

Registration Trustee Fees

  • AED 3,500 + AED 175 (5% VAT) if the sale price is less than 500,000 
  • AED 5,000 + AED 250 (5% VAT) if the sale price is 500,000 or more 
  • Note: if the seller has a power of attorney, the fees are 8% for Dubai Land Department and AED 10,000 + AED 500 (5% VAT) for office trustee

Request of Registering a Mortgage - Oqood

  • Oqood sale contract
  • A letter from the mortgagee bank and the presence of the authorized person from the bank
  • Three mortgage contracts certified from the mortgagee bank

Land department fees

  • 25% of the mortgage value + AED 290 as knowledge surcharge

Registration Trustee Fees:

  • AED 4,000 + AED 200 (5% VAT)