A title deed is a legal document that proves ownership of a property. It contains essential details about the property, such as the name of the owner, location, and size. In Dubai, the title deed is issued by the Dubai Land Department (DLD). The DLD is the government body responsible for managing and overseeing all real estate transactions in Dubai.
There are two types of title deeds in Dubai:
A freehold title deed gives the owner full ownership of the property, including the land on which the property is built. It is issued for properties located in specific areas designated by the Dubai government for foreign ownership. This type of title deed is available to UAE citizens and foreign nationals. Foreigners are allowed to own property in specific areas called freehold areas. These areas include Dubai Marina, Jumeirah Lakes Towers, Downtown Dubai, and Dubai International Financial Centre (DIFC), among others.
As a buyer, if you purchase a completed property directly from the developer, you will receive the regular title deed in your name right away.
If you opt to purchase an off-plan property that is still in the planning or construction stage then you will receive an Oqood issued by RERA (Real Estate Regulatory Authority). This document assures that the property being constructed is registered in your name. Once the construction is finalized/completed, the Oqood is transformed into a title deed.
If you wish to purchase a fraction of a unit specifically either half or quarter then you will receive a fractional title deed. This document effectively divides the single unit into separate fractions, with each fraction having its own title deed.
A leasehold title deed grants the owner the right to use the property for a specific period, usually 99 years. The owner of the property will have to pay rent to the landowner, who is usually the government or a private entity. Leasehold title deeds are issued for properties located in areas that are not designated for foreign ownership.
To understand the title deed, you need to know what is included in the document. Here are some essential details you will find in a title deed in Dubai:
The process of obtaining a title deed in Dubai can be lengthy and complicated. Here are the steps involved:
Before you can buy a property in Dubai, you need to obtain a No Objection Certificate (NOC) from the Dubai Land Department (DLD). The NOC confirms that the property is not mortgaged and that the seller has the right to sell the property.
Once you have obtained the NOC, you will need to pay a deposit of 10% of the property’s purchase price.
After paying the deposit, you will need to sign the Sale and Purchase Agreement (SPA) with the seller. The SPA outlines the terms and conditions of the sale.
If you are obtaining a mortgage to finance the purchase, you will need to obtain a mortgage from a bank or financial institution. The bank will require a copy of the NOC and the SPA before approving the mortgage.
Once you have paid the full purchase price, the property will need to be registered with the Dubai Land Department (DLD). The DLD will issue the title deed in your name once the registration process is complete.
Currently in Dubai, the traditional method of issuing original Title Deed has been replaced. Instead, Title Deeds now come with a QR code and are stored on the blockchain. Therefore, the latest version of your Title Deed can be downloaded by using the Dubai Rest app.
Source : Dubai Land Department
Source : Dubai Land Department
Source : Dubai Land Department
Source : Dubai Land Department
Source : Dubai Land Department
It is essential to ensure that the title deed you receive is authentic. Here are some steps to take to verify the authenticity of a title deed:
Source : Dubai Land Department
Source : Dubai Land Department
Source : Dubai Land Department
Step 1 – Visit Dubai Land Department website
Step 2 – Enter below information
Step 3 – Click on “Validate” and result will be displayed
A freehold title deed gives the owner full ownership of the property, including the land on which the property is built. A leasehold title deed grants the owner the right to use the property for a specific period, usually 99 years.
Certificate Number with Certificate Year (Can be found below the barcode or QR code of the title deed; Contract Number for Oqood).
The proof of such registration is called Oqood. Once the property has been completed or if you buy a finished property, you will be entered as owner of the property in the Real Estate Register. Based on such entry, you will receive a title deed.
DLD fee is 4% of the total price of the property. DLD fees in Dubai is legally divided between the buyer and seller which is 50% each. However, in most cases, it is entirely paid by the property buyer.
In conclusion, a title deed is an essential document that proves ownership of a property in Dubai. As a property buyer, it is crucial to understand the types of title deeds, the information included in the title deed, and the process of obtaining a title deed. By following the steps outlined in this guide, you can ensure that the title deed you receive is authentic and that you are the rightful owner of the property.
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