Request of Supervising Property Sale in Public Auction for Companies

Description

This service allows customers to request Dubai Land Department's supervision on properties announced for sale in an auction by real estate companies that are authorized to organize public and electronic auctions.


Service Form

Not Applicable


Required Documents

1- Original Title Deed ( As for court procedures, if the original is not available, a copy of the title deed is accepted)
2- Dubai Municipality Map and Dubai Land Department Map
3- Real Estate valuation Certificate from Dubai Land Department (not less than 6 months)
4- Statement of the Property issued by the licensed company
5- Letter from the official entity / Dubai Courts, Minors Affairs if available


Service Terms

Not Applicable


Service Fees

AED 10,000 for Auction Procedure
• AED 10 Knowledge Fees
• AED 10 Innovation fees


Service Procedures

Via the service centre:
Step 1: The authorized person from the licensed auction companies visit Happiness Service Center in DLD - Main Office
Step 2: the customer submits the required documents to the employee and makes sure that there are no missing documents
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 Five: A permit to hold an external auction is issued

Remotely:
Step 1: The required documents are sent via email to the employee, ensuring that the documents are complete
Step 2: the property data is entered into the system by the employee and property information is verified
Step Three: The permit fee is paid by the auction company and a receipt for payment is received.
Step 4: a permit is issued by DLD to approve or refuse to set up an external auction. A response is then sent to the licensed auction company with requirements and missing documents in the event of refusal. In the event of approval, the company is provided with DLD's approval or no-objection to list the property in the auction



Payment Method

Cheque



Service Channels

Dubai Land Department – Main Office



Issued Documents

Not Applicable



Service Time

5 minutes

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