Request for Transfer of Finance Lease Contract
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This service allows customers to apply to transfer a finance lease with the bank.

Service Form

Transfer of Finance Lease Contract Form

Required Documents

1- NOC letter from the former financer on the transfer of the finance lease
2- Letter from the new financer on the registration of the finance lease, stating the start and end dates and the lease amount
3- Emirates ID card of the owner (For identification only, no photo is taken)

If the company is not previously registered, it must be registered by applying for the registration of a company

Service Terms

Not Applicable

Service Fees

0.25% of the finance value
AED 250 title deed issuance fee
AED 100 land map issuance fees (AED 250 if a villa or apartment)
AED 10 Knowledge fees added to each fee
AED 10 Innovation fees added to each fee

Service Procedures

Via the service center
Step 1: The customer goes to one of the Real Estate Registration Trustee offices
Step 2: The customer submits the required documents to the employee and makes sure that they are complete
Step 3: The transaction data is entered into the system by the employee and is verified
Step 4: The customer pays the fees and receives a receipt for payment
Step 5: The output is delivered to the customer

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Payment Method

Cheque to Dubai Land Department

Service Channels

Real Estate Registration Trustees offices (outside)

Issued Documents

Title Deed
Fee Balances

Service Time

25-30 Minutes

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