Request for Mortgage Amendment
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Description

This service allows customers to apply to amend mortgages of all types (request for mortgage/ usufruct mortgage/ initial mortgage/conservative mortgage amendment) on a property for the benefit of the financier in order to guarantee the rights on the property.


Service Form

Mortgage Form


Required Documents

Individuals
Through Real Estate Registration Trustees offices:
1- The previous Mortgagee contract
2- Letter from the mortgagee bank
3- Three mortgage contracts certified by the mortgagee bank and signed by both parties
4- Emirates ID card of the owner (For identification only, no photo is taken) valid passport copy for Non-residents

Through Bank (electronically)
1- Emirates ID card of the owner (For identification only, no photo is taken) / valid passport copy for Non-residents

Sole Proprietorship
1- Copy of the Commercial License
2 - Emirates ID Card (For identification only, no photo is taken) or valid passport copy for Non-residents
3- Power of Attorney if appointing someone on their behalf

Limited Liability Company (LLC)
1- Trade license + Page of partners and equities (original and copy)
2- Certificate of Incumbency
3- Establishment contract (appendices if any) (original and certified copy from the Ministry of Foreign Affairs and translated in Arabic)
4- A legal agency in the event of a representative, or a legally certified board of directors decision.


Service Terms

Not Applicable


Service Fees

Fees for amendments to the mortgage amount:

0.25% of the fees shall be calculated from the value of increase in the mortgage amount

Fees for amendments to the mortgage period AED 1,000

AED 10 Knowledge fees added to each fee
AED 10 Innovation fees added to each fee


Registration Trustee fees:
AED 2,000 in case of an increase in the mortgage amount
AED 300 in case of an amendment to the mortgage period


Service Procedures

Via the electronic system
Step 1: The customer prepares the mortgage requirements with the bank
Step 2: The bank employee enters all the required documents via the electronic mortgage system and the transaction is audited by the bank auditor
Step 3: The transaction is sent to DLD for verification and DLD's fees are deducted from the bank account
Step 4: The certificate and the mortgage poster are issued by DLD's employee
Step 5: The customer is contacted by the bank to visit the bank branch and receive the outputs


Via the service center
Step 1: The customer goes to one of the Real Estate Registration Trustee offices
Step 2: The customer submits the required documents to the employee and makes sure that they are complete
Step 3: The transaction data is entered into the system by the employee and is verified
Step 4: The customer pays the fees and receives a receipt for payment
Step 5: the output is delivered to the customer

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Payment Method

Cheque to Dubai Land Department
Nooqodi
ePay


Service Channels

eMortgage system
Real Estate Registration Trustees offices (Outside)


Issued Documents

Title Deed
Fee Balance
Mortgage Paper


Service Time

20-25 Minutes

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