Sale of usufruct
Sale of usufruct
Service Requirements
• Original Title deed
• No Objection Certificate (NOC)
• Sale Agreement Contract (MOU)
• A letter from the lessor, personal appearance of the authorized person from the lessor’s side
• Attendance of both parties and showing proof of identity (ID)
Land department fees
• 4% of sale price + AED 580 (if apartment) or AED 430 (if land or villa)
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