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.
1- Undertaking form
2- Announcement form
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
AED 150,000 (in case the project got canceled)
AED 10 Knowledge Fees
AED 10 Innovation fees
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