Request to Change a Project Developer
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Description

This service allows the owner of the project land to change the development company after fulfilling all the requirements, while not violating the contractual obligations with the investors.


Service Form

1- Undertaking form
2- Announcement form


Required Documents

1- A pledge to bear all financial obligations of the previous developer, the old credit issued in the name of the previous developer
2- A copy of the notice addressed to the investors
3- Fill out an advertisement form and upload it after 15 days from the date of the last advertisement


Service Terms

Not Applicable


Service Fees

AED 150,000 (in case the project got canceled)
AED 10 Knowledge Fees
AED 10 Innovation fees


Service Procedures

Step 1: Submit the application through the system with a no-objection letter from the main developer of the project.
Step 2: Upload the required documents through the system, fill out the advertisement form, and upload it. Note that you can only do this 15 days from the date of the last advertisement.
Step 3: Verify and accept or reject the application.
Step 4: The change in the system will take place as soon as the application is accepted.
Step 5: The certificate is printed through the electronic system www.oqood.ae

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Payment Method

Noqodi


Service Channels

Oqood Portal- Real Estate Developers Portal


Issued Documents

Certificate to amend approved real estate project with the name of the new developer


Service Time

Developers Registration: 30 minutes
Survey: 7 days

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