Selling Property in Dubai

To sell your property you will require a title deed on the property obtained through registration at the Dubai Land Department.  You will also need a NOC (No Objection Certificate) from the developer to confirm that the property is free from any liabilities such as the outstanding mortgage or unpaid instalments or service fees. Your original passport would be required and any other documents and receipts pertaining to the original sale and current state of the property. If your property is rented you will need a copy of your tenancy agreement and if you have sold through a registered Real Estate Agency a signed sellers agreement known as a Form A would be needed. 

The services of a lawyer are more usually engaged in other parts of the world when selling a property, however, this is not necessarily the case in Dubai. The contract of sale is a standard electronic document provided by the Government and known as Form F, also know as an MOU (Memorandum of Understanding). These are prepared via the agency handling your transaction and/or you can opt to employ a lawyer or conveyancing company.

All transfers are now handled through the designated Dubai Land Department Trustee Offices located throughout Dubai. All parties pertaining to the transaction must be present. This can include a Power of Attorney (POA) delegated by the Seller. When handling a transfer through Exclusive Links Dubai Real Estate Brokers we will advise you as the broker what documents and payments are required on the day of transfer.

For any off plan sales, land registration is now done with the developer in line with the original purchase of your property.  The registration fees are 4% of the purchase price and this cost is exempt from VAT. In the case of secondary sales this 4%,  known as the transfer fee, is paid at the time of transfer of ownership and can be divided between 2 parties, the Seller & the Buyer.