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This service allows the developer to register a Lease To Own contract in favor of the financing entity and the lessee (tenant) in the provisional register.

None

Individuals
1- A copy of the sale and purchase contract
2- A copy of a valid UAE ID
3- A copy of a valid passport for non-residents

Companies
(Individual (One person) establishment)
1- A copy of a valid trade license
3- A copy of the UAE ID or a valid passport of the license holder
4- Power of attorney, if any
(Limited Liability Companies)
1- A copy of a valid trade license
2- A copy of the UAE ID or a valid passport of the license holder
3- Power of attorney, if any
4- A copy of the company’s Memorandum of Association and the annexes thereof (legal translation into Arabic language)
5- A copy of the shareholder certificate.
(Foreign company)
1- A copy of a valid trade license
2- A copy of the UAE ID or a valid passport of the license holder
3- Power of attorney, if any
4- A copy of the translated company’s Memorandum of Association and the annexes thereof, (legal translation into Arabic language) ratified by the Ministry of Foreign Affairs
5- A no objection letter (NOC) from the free zones, in case of purchase, valid for one year
6- A copy of the shareholder certificate.
(GCC company)
1- A copy of a valid trade license
2- A copy of the national ID or passport of the license holder
3- Power of attorney, if any
4- A copy of the translated company’s Memorandum of Association and the annexes thereof, (legal translation into Arabic language) attested by the Ministry of Foreign Affairs.
5- A copy of the shareholder certificate.

1- The sale and purchase contract shall be signed by the developer and the purchaser
2- In case that the purchaser is a minor, the sale and purchase contract shall be signed by the guardian and a copy of the guardian’s passport or ID shall be attached.
3- The sale and purchase contract shall be registered in the provisional register within 90 days from the date of signing the contract
4- In case that the purchaser is a decree holder person, a valid letter to To Whom It May Concern issued by the Federal Authority for Identity and UAE citizenship shall be attached.
5- A letter from the bank indicating the rental value and date (a conditions for registering a mortgage or financing)

 2% of the rental value (lessee (tenant))
The seller: 2% of the sale value
The purchaser: 2% of the sale value
AED 10 Knowledge fees
AED 10 Innovation fees
Self-registration fees for developers: - (Oqood Portal - Real Estate Developers Portal) for provisional sale
AED 1000 fee

Step I: Login to the Oqood portal and select provisional Lease-To-Own contract registration service
Step II: Entering the details of the financing entity and the amount of financing, Filling in the details, attaching the documents, and choose the payment method
Step III: Sending the application on-line
Step IV: Receipt of the output via an e-mail message sent to the lessee (tenant)