Request to register the initial sale
Request to register the initial sale

Description

This service allows the real estate developer to register units sold off-plan or in lands whose value has not been fully paid in the initial register.


Service Form

Not Applicable


Required Documents

Individuals
1- A copy of the sale and purchase contract
2- A copy of a valid Emirates ID
3- A copy of a valid passport for non-residents
4- A copy of the developer's request (DSR)
Companies (Individual Foundation)
1- A copy of a valid commercial license
2- A copy of the Emirates ID or the passport of the owner of the license
3- Power of attorney, if any

(Limited liability companies)
1- A valid copy of the commercial license
2- A copy of the Emirates ID or the passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of association and its appendices (translated into Arabic with legal translation)
5- A copy of the shareholders' certificate

A company outside the UAE (provided that the names of the shareholders are mentioned)
1- A valid copy of the commercial license
2- A copy of the national ID or passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of incorporation and its appendices translated (legal translation into Arabic) and certified by the Ministry of Foreign Affairs
5- No objection letter from free zones in case of purchase, valid for one year
6- A copy of the shareholders' certificate

GCC company
1- A copy of a valid commercial license
2- A copy of the national ID or passport of the owner of the license
3- Power of attorney, if any
4- A copy of the company’s articles of incorporation and its appendices translated (legal translation into Arabic) and certified by the Ministry of Foreign Affairs
5- A copy of the shareholders' certificate


Service Terms

1- The sale and purchase agreement must be signed by the developer and the buyer
2- In case the buyer is less than the legal age, the sale and purchase agreement must be signed by the guardian and attach a copy of the guardian's passport or identity
3- The sale and purchase agreement must be registered in the initial registry within 90 days from the date of signing the contract
4- In the case of the buyer of the decree-holders, a valid letter from the Federal Authority for Identity and Citizenship must be attached.

In the case of a company from outside the country, it is necessary to register in the free zones (Dubai Multi Commodities Centre Authority (DMCC) or Jebel Ali Free Zone Authority (JAFZA)).


Service Fees

Seller: 2% of the sale value
Buyer: 2% of the sale value
AED 10 Knowledge fees per fee
AED 10 Innovation fees per fee

Self-registration fees for developers: - (Oqood Portal - Real Estate Developers Portal) for the initial sale
AED 1,000 fee


Service Procedures

Step 1: Enter Oqood portal and choose the initial sale registration service
Step 2: Choose the property, fill in the information, attach the documents and choose the payment method
Step 3: Submit the application electronically
Step 4: Receiving the document through a message on the buyer's e-mail.



Payment Method

Noqodi
Deduction from Trust account



Service Channels

Oqood Portal- Real Estate Developers Portal



Issued Documents

Initial registration Contract



Service Time

4 working Days