This service enables real estate development companies to register a real estate project and open an escrow account for off-plan sales.
Electronic Real Estate Project Accreditation Certificate
1. Project Registration Requirements Form.
2. Consultant letter with project details.
3. District cooling services agreement.
4. Investor compensation mechanism.
5. Final building permits from authorities.
6. NOC from the main developer approving project name, off-plan sale, and marketing.
7. Project land ownership document.
8. Development agreement (if land owner differs from developer) plus 4% of land value registration fee with agreement copy.
9. Copy of commercial license.
10. Recent technical report from Dubai Land Department.
1- Submit an official application.
2- The land must be within freehold areas or long-term lease areas.
3- Ownership of the property must exist; preliminary sale certificates are not accepted.
4- Complete the developer registration procedures in the “Trakheesi” licensing system.
5- Upload the units to the Survey Department and attach the approved project plans from the authorized planning authorities in Dubai.
6- Provide a bank guarantee of 30% according to one of the following options:
(1) Completion equivalent to 30% of construction works,
(2) Provide a bank guarantee for 30% of construction works,
(3) Deposit an amount equivalent to 30% in cash into the authority’s account.
7- No Objection Certificate (NOC) from the financing bank as per the approved template, if there is a mortgage on the project land.
8- No Objection Certificate (NOC) from the master developer.
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
Dubai Department of Economic Development
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