Lease to Own

Lease to Own (Ejarah)

Required documents are:

  • Original certificate of ownership.
  • Original no objection certificate from developer (free hold only).
  • UAE national ID and Passport for UAE resident or original passport for non-resident.
  • Original lease letter from the bank.
  • MOU – Sale agreement form (F).

Dubai land department fees (manager’s cheque)

  • 4% of price plus AED 580 if villa/flat. AED 430 for land.
  • 0.25% of leasing price.

Registration trustee office fees

  • AED 2,100 if sale amount is less than AED 500,000.
  • AED 4,200 if sale amount is AED 500,000 or more.

Release of Lease to Own

Required documents are:

  • Original certificate of ownership.
  • UAE national ID and Passport for UAE resident or original passport for non-resident (owner).
  • Release letter from the bank.

Dubai land department fees (manager’s cheque)

  • AED 1,560 if villa/flat. AED 1,410 for land.

Registration trustee office fees

  • AED 315.