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Request for registration of an initial usufruct

This service allows the developer to register the usufruct (long term rent) for the benefit of the beneficiary.

Not Applicable

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

Companies (Individual Foundation)
1- A copy of a valid commercial license
2- A copy of the Emirates ID or the passport of the owner of the license
3- Power of attorney, if any

(Limited liability companies)
1- A valid copy of the commercial license
2- A copy of the Emirates ID or the passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of association and its appendices (translated into Arabic with legal translation)
5- A copy of the shareholders' certificate

A Company Outside the UAE (provided that the names of the shareholders are mentioned)
1- A valid copy of the commercial license
2- A copy of the national ID or passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of incorporation and its appendices translated (legal translation into Arabic) and certified by the Ministry of Foreign Affairs
5- No objection letter from free zones in case of purchase, valid for one year
6- A copy of the shareholders' certificate

GCC Company
1- A copy of a valid commercial license
2- A copy of the national ID or passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of incorporation and its appendices translated (legal translation into Arabic) and certified by the Ministry of Foreign Affairs
5- A copy of the shareholders' certificate

1- The property must be in the permitted areas
2- The start and end date of the usufruct must be specified
3- The end date of the usufruct for the sold unit must be similar to the end date of the usufruct on the land.

Seller: 2% of the sale value
Buyer: 2% of the sale value
AED 10 Knowledge fees per fee
AED 10 Innovation fees per fee

Step 1: Enter Oqood portal and choose the initial usufruct registration service
Step 2: Fill in the information, attach the documents and choose the payment method
Step 3: Submit the application electronically
Step 4: Receiving the document through a message on the beneficiary's e-mail.

Noqodi
Deduction from Trust account

Dubai Land Department's website (Real Estate Developers Portal -Oqood)

Usufruct registration certificate

4 working Days