Heading

Finance lease transfer application
FAQs

This service allows applying for transfer of a finance lease with the bank.

Finance lease transfer e-form

1- A letter from the previous financing entity indicating no objection to transfer the finance lease
2- A letter from the finance lease registration new financier indicating the start and expiry dates and the amount of the lease.
3- UAE ID of the owner (for identification only, no copy shall be submitted.)
4- A legal power of attorney in case a representative

For companies:
• In the event that a previously unregistered entity, it will be registered as per the company registration procedure

None

0.25% of the finance rental value
AED 250 fee for issuing a Certificate of Title / Title deed
AED 100 fee for a land plot map for the lands outside the authority of Dubai Municipality
AED 225 fee for the land plot map unified with Dubai Municipality.
AED 250 fee for a villa and apartment
AED 10 knowledge fee for each drawing
AED 10 innovation fee for each drawing

Service partners fees:
A fee of AED 4,000 + VAT is charged on the service partners’ fees

Via a service center
Step I: A customer will move to a service center - Real Estate Registration Trustee centers
Step II: A customer submits the required documents to an employee to ensure that no documents are missing. (all required documents are uploaded via the digital safe/ treasury)
Step III: The transaction details will be entered into the system by an employee and shall be audited
Step IV: A customer will pay the fees and receive a payment receipt
Step V: The outputs are delivered to the customer via e-mail

epay
Sadad Dubai platform
Noqodi
Manager's check in favor of the Land Department

Real Estate Registration Trustees Centers

Certificate of Title / Title deed
Map
Fee balance (all outputs are e-deliverables)

 10 - 15 minutes

Dubai Municipality - Licensing Entities

• UAE Citizen
• Resident