Dubai is a widely known destination for real estate investment because of its thriving property sector and promising investment opportunities. If you intend to buy property in Dubai, familiarize yourself with the registration process as it will facilitate a seamless transaction. This article provides a step-by-step guide on how to register your property in Dubai.
Get a Title Deed
The first thing you need to do when registering your property in Dubai is applying for a Title Deed at the Land Department (DLD) of Dubai. It is a legal document showing the ownership rights over the property and giving detailed description about the locality, size and value of the land. To get Title Deed, you have to present all required documents and make payments as per DLD regulations.
Obtain No Objection Certificate (NOC)
In case you bought your apartment from construction company, you should take NOC from its owners before getting it registered under your name. No Objection Certificate confirms that developers are ready to sign off their properties so this document has significant impacts on registrations.
Pay Transfer Fees
After receiving both Title Deed and NOC, one needs to make payment of transfer fees applicable at DLD towards successful completion of registration process within the organization or entity involved. These costs are usually calculated as percentage value of land’s worth hence they are given out by DLD who will then transfer ownership from seller onto buyer.
Provide Necessary Documents
When you decide to register your building at DLD there are some basic papers that must be submitted including title deed, NOC, identity proofs etc., together with receipts confirming payment for such charges. Ensure before sending these papers into relevant offices, verify what is needed by double-checking them.
Take Title Deed
Upon submission of all documents required along with payment made towards transfer fees at DLD; application for registration will then be processed by the concerned office. After registration, DLD will issue you with a Title Deed which signifies that you are now the legal owner of property in Dubai.
Registration of your property in Dubai is a multi-step process requiring careful adherence to each step and procedure for your successful registration. By being aware of the steps involved and following them diligently, you can protect your investment and enjoy your property in Dubai without a hitch.
