FAQs
Read most frequent questions
What is the role of a Real Estate Trustee in Dubai?
In Dubai, a real estate trustee is essential to the efficient running of real estate transactions and the maintenance of legal compliance. Serving as intermediary organisations, they supervise the registration procedure and protect the interests of both buyers and sellers.
Facilitates Transactions: Trustees streamline the property registration process, ensuring a smooth transfer of ownership
How much is the Real Estate Trustee Fee in Dubai?
For a sale price AED 500,000; the fee = AED 4,000 + 200 AED (5% VAT) For a sale price < AED 500,000, the fee = AED 2,000 + 100 AED (5% VAT)
How does the Real Estate Registration Process work in Dubai, and why is a trustee essential?
The Real Estate Registration Process in Dubai involves several steps, and a trustee is essential for ensuring the legitimacy and transparency of these transactions. From verifying property documents to confirming the payment of fees, trustees play a crucial role in every stage of the process.
What are the benefits of hiring a Real Estate Registration Trustee in Dubai?
Engaging the services of a Real Estate Registration Trustee in Dubai comes with several advantages, contributing to a secure and efficient property transaction experience.
What is the process of property registration in Dubai?
The registration process involves submitting all necessary documents, including the title deed, identification documents, and NOC, to the Dubai Land Department (DLD). The DLD will verify the documents and ensure the property transfer in Dubai complies with Dubai’s real estate laws and regulations.
