This service allows real estate development companies to register a real estate project, open an escrow account, and approve units for off-plan sale.
1. A project registration requirements form with a letter from the consultant confirming the validity of the data uploaded into the system, including, but not limited to, the value of the project and the start and end dates of the project.
2. The agreement for cooling station services and the compensation letter for investors in the event that construction work is delayed beyond the completion date approved by the consultant (in Arabic).
3. Providing a 30% bank guarantee according to the options: (1) Completing the equivalent of 30% of the construction percentage (2) Providing a bank guarantee of 30% of the construction percentage (3) Depositing the equivalent of 30% in cash in the organization’s account as following:
DUBAIGOVERNMENT-RERAPROJECT ESCROW ACCOUNT Account Name:
3718432833601 Account Number:
AE090340003718432833601 IBAN:
EI HEALTH CARE CITY Branch Name:
4. Final building permits from licensing authorities.
5. No objection from the main developer of the project in the name of the project (in Arabic and English) and off-plan sales and marketing.
6. Project registration fee of 150,020 dirhams, to be deposited in Noqodi wallet.
7. Ownership of the project land. In the event that the owner of the land differs from the owner of the real estate development company, 4% of the value of the land is calculated as a fee for registering the development contract with the department, and the development contract must be attached with an official letter requesting approval of the project land development contract as follows:
Fill out the project land development contract form (attached) and submit a copy to the Licensing and Real Estate Empowerment Department.
Establishment contracts for the project landowner and the real estate development company.
Any power of attorney issued to one of the parties, provided that it is approved by the Dubai Courts (if any).
Emirates ID cards for authorized signatories.
A copy of the commercial license and project land ownership.
1. The land must be located within freehold areas or designated long-term lease areas.
2. Complete the necessary procedures for registering a developer in the Trakheesi system.
3. Applay for trchnical report.
4. Upload the units to the Survey Department and attach the approved plans for the real estate project, as provided by the authorized planning authorities in the Emirate of Dubai.
5. Provide a bank guarantee of 30% based on the following options:
a. Complete 30% of the construction percentage.
b. Provide a bank guarantee equivalent to 30% of the construction percentage.
c. Deposit 30% of the construction value in cash into the project escrow account.
6. Obtain a no-objection letter from the bank if the land is mortgaged.
7. Submit a project registration requirements form along with a letter from the consultant confirming the accuracy of the data uploaded into the system. The letter should include details such as the project value and the start and end dates.
8. Include the agreement for cooling station services and the compensation letter for investors in case of construction delays beyond the approved completion date, both in Arabic.
9. The final construction details should be determined and approved by the licensing authorities.
10. Obtain a no-objection letter from the main developer of the project, both in Arabic and English, for the project name and off-plan sales and marketing.
11. Provide proof of ownership of the project land. If the landowner differs from the owner of the real estate development company, a fee of 4% of the land value will be calculated for registering the development contract with the department. The development contract should be attached along with an official letter requesting approval, including the following documents:
a. Complete the project land development contract form and submit a copy to the Licensing and Real Estate Empowerment Department.
b. Provide establishment contracts for both the project landowner and the real estate development company.
c. Include any Dubai Courts-approved power of attorney if applicable.
d. Submit Emirates ID cards for authorized signatories.
e. Provide a copy of the commercial license and proof of project plot ownership.
AED 150,000
AED 10 knowledge fee
AED 10 innovation fee
Step 1: Obtain a real estate license from the licensing authority and generate a username for the self-registration system.
Step 2: Submit a request to register a real estate project through the self-registration system for developers on the Oqood portal. Attach the necessary registration requirements.
Step 3: Apply for technical report , grant the developer permission to download the units through a surveying company approved by the DLD.
Step 4: The developer submits a request to the registrar to open an account and provides the required account information.
Step 5: Audit and review the application for registering a new project. Accept or reject the application.
Step 6: Fulfill the registration fee.
Step 7: The certificate is received through the e-system.
Noqodi Wallet
DLD website (Real Estate Developers Portal - Contracts) Trust Account System
Real estate project approval certificate (e-certificate )
3 Business Days
None
Company