Request for Usufruct Registration

Description

This Service allows customers to register for usufruct (Long -term or Usufruct) either from the Developer or between customers.


Service Form

Usufruct Registration Form


Required Documents

Individuals
1- Original Title Deed, initial registration contract (oqoodi)
In case of registration of an Usufruct (Musataha) Musataha contract stating the start date and the end date (not more than 50 years) and the Musataha amount
3- NOC in freehold areas
4- Sale Agreement (MOU) (for older age groups)
5- Emirates ID Card for the seller ( For identification only, no photo is taken) Or Copies of valid Passport for Non-residents

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


Service Terms

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


Service Fees

In the event of a long-term lease:
Owner: 2% of the rental value + the tenant 2% of the rental value.

In the event of Musataha:
1-Mushatta registration 1%
2-Resale of Musataha on the land Space: 1%, and the built-in land 4% (of the building value) + 1% (of the Musataha 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

Registration Trustee Fee:
If the sale price exceeds or equals AED 500,000 AED 4,000 will be charged
if the sale price less than AED 500,000 AED 2,000 will be charged


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



Payment Method

Cheque to Dubai Land Department
Nooqodi
ePay



Service Channels

Real Estate Registration Trustees offices (outside)



Issued Documents

Title Deed
Fee Balances
Map



Service Time

35-40 Minutes

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