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This service enables real estate development companies to register a real estate project and open an escrow account for off-plan sales.
Step 1: Submit the request via the system in the 'Oqood' portal and upload the required documents.
Step 2: Open a unit survey request and submit a technical report request.
Step3:The developer submits a request to the Account Custodian to open the escrow account and fill in the account data.
Step 4: Receive, audit, and review the new project registration request, then accept or reject it
Step 5: Pay the registration fee.
Step 6: Receive the certificate through the electronic system.
Registration of Real Estate Project:
1. Consultant letter with project details.
2. District cooling services agreement.
3. Investor compensation mechanism.
4. Final building permits from authorities.
5. NOC from the main developer approving project name, off-plan sale, and marketing.
6. Development agreement (if land owner differs from developer) plus 4% of land value registration fee with agreement copy.
7. Bank Guarantee
Project Registration Fee
AED 150,000
AED 10 Knowledge fee
AED 10 innovation fee
25 minutes
Registration of Real Estate Project:
1- The land must be located in freehold areas or long-term lease areas.
2- Ownership deed must be available; preliminary sales certificates are not accepted.
3- Completion of developer registration in the Trakheesi system.
4- Uploading units to the Survey Department and attaching approved project plans from authorized planning entities in Dubai.
5- Submission of a 30% guarantee via one of the following options:
5.1- Completion of 30% of construction.
5.2- A bank guarantee covering 30% of construction.
5.3- A cash deposit equivalent to 30% in the institution’s account.
Electronic Real Estate Project Accreditation Certificate
Land Department website (Real Estate Developers Portal - Contracts) & (Trust Account System)
1- Real Estate Project Approval Certificate (e-Certificate)
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