What is a Title Deed?

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.

Types of Title Deed in Dubai

There are two types of title deeds in Dubai:

Freehold Title Deed

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.

Regular Title Deed

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.

Oqood

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.

Fractional 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.

Leasehold 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.

Understanding the Title Deed

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:

• Title deed issue date
• Mortgage status (whether property is mortgaged or not)
• Property type (Flat or Villa or Land etc.)
• Community name
• Plot number
• Municipality number
• Building number (if flat)
• Building name (if flat)
• Property number
• Parkings details
• Total Area
• Property owners name and their shares
• Seller name
• Registration number and date
• Purchase value
• QR Code
• Certificate number (i.e XXXX/YEAR)

The Process of Obtaining a Title Deed

The process of obtaining a title deed in Dubai can be lengthy and complicated. Here are the steps involved:

Step 1: Obtain a No Objection Certificate (NOC)

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.

Step 2: Pay the Deposit

Once you have obtained the NOC, you will need to pay a deposit of 10% of the property’s purchase price.

Step 3: Sign the Sale and Purchase Agreement

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.

Step 4: Obtain a Mortgage

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.

Step 5: Register the Property

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.

How to download Title Deed in Dubai

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.

Step 1 – Login to Dubai REST Application

Source : Dubai Land Department

Step 2 – Go to “My Property Wallet” and Select a specific property

Source : Dubai Land Department

Step 3 – Click on the Menu (3 dots located on bottom right) which will open all Property Services

Source : Dubai Land Department

Step 4 – Select Electronic Title Deed

Source : Dubai Land Department

Step 5 – Result will be displayed on the screen as below

Source : Dubai Land Department

How to Verify the Authenticity of a Title Deed

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:

How to verify Title deed by using Dubai REST App

Step 1 – Login to Dubai REST App and From the “Services” Screen, select “Title Deed Verification”

Source : Dubai Land Department

Step 2 -You can either “Validate Property” or “Validate Owner & Property” by entering the required information given on the screen

Source : Dubai Land Department

Step 3 – Result will be displayed as below

Source : Dubai Land Department

How to verify Title deed through Dubai Land Department website

Step 1 – Visit Dubai Land Department website

Step 2 – Enter below information

• Title Deed No.
• Title Deed Year
• Property type
• Owner name (if you want to verify owner also)

Step 3 – Click on “Validate” and result will be displayed

FAQ’s

Conclusion

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.

Is it good time to sell property in Dubai?

Dubai’s real estate market is booming right now. If we see the data from 1st January 2022 to 28th February 2023, more than 18,000 property sell transactions happened with the total worth of AED 54 Billion. Where more than 14,000/- Units was sold.

Based on data we can say that Yes, it is good time to sell property in Dubai. Whether or not it is a good time to sell your property in Dubai depends on your individual circumstances and goals. It is recommended that you consult with a real estate expert to evaluate the current market conditions and determine the best course of action for your specific situation.

Is it easy to sell property in Dubai?

The process of selling property in Dubai can be complex and time-consuming, particularly for those who are unfamiliar with the local market and regulations. However, with the right guidance and support from a reputable real estate expert, it is possible to navigate the process smoothly and efficiently. It is recommended that you work with a trusted real estate agent who can assist you with the necessary paperwork, marketing, and negotiations to help you sell your property in Dubai.

How to sell property in Dubai?

Followings are the general steps to sell property in Dubai:

Step 1: Determine Your Property’s Value

Before putting your property on the market, you need to have a clear understanding of its value. A professional property valuation is essential to ensure that you’re pricing your property correctly. There are many factors that go into determining a property’s value, including location, size, condition, and market demand. You can get a valuation from a licensed real estate agent or a certified property appraiser.

Step 2: Choose the Right Real Estate Agent

Choosing the right real estate agent is crucial to a successful property sale. Look for an agent with a strong track record of selling properties in your area and who has a deep understanding of the local real estate market. Your agent should be able to provide you with a comprehensive marketing plan to ensure your property is seen by as many potential buyers as possible.

Step 3: Prepare Your Property for Sale

To maximize your property’s value and appeal to potential buyers, you need to make sure it’s in the best possible condition. This includes fixing any obvious issues such as leaks, cracks, or damage, as well as ensuring that the property is clean and well-presented. Consider staging your property with furniture and decor to help potential buyers visualize themselves living there.

Step 4: Market Your Property

Marketing your property effectively is key to attracting potential buyers. Your real estate agent should be able to help you create a strong marketing plan that includes high-quality photos and videos, detailed property descriptions, and targeted advertising campaigns. You may also want to consider listing your property on popular online real estate portals such as Property Finder, Bayut, and Dubizzle.

Step 5: Negotiate the Sale

When you receive an offer on your property, it’s important to negotiate the terms of the sale carefully. Your real estate agent can help you navigate the negotiation process and ensure that you get the best possible deal. This may involve negotiating the sale price, payment terms, and other conditions of the sale.

Step 6: Complete the Sale

Once you’ve agreed on the terms of the sale, it’s time to complete the transaction. This typically involves signing a sales agreement and transferring ownership of the property to the buyer. It’s important to work with a qualified legal professional to ensure that all legal requirements are met and that the transaction is completed smoothly.

Note that the specific process may vary depending on the type of property being sold and any unique circumstances surrounding the sale. It is recommended that you consult with a real estate expert for guidance throughout the process.

How to sell residential property in Dubai?

To sell residential property in Dubai, you generally need to follow the same steps as selling any other property. However, there may be additional requirements or regulations depending on the type of residential property you are selling. For example, if you are selling an apartment in a building that is managed by a homeowner’s association, you may need to obtain approval from the association before completing the sale.

It is recommended that you work with a trusted real estate agent who can guide you through the process and ensure that you are meeting all of the necessary requirements. Your agent can also help you determine the best asking price for your property and market it to potential buyers.

How to sell commercial property in Dubai?

To sell commercial property in Dubai, the general process is similar to selling any other type of property. However, there may be additional regulations and requirements depending on the type of commercial property being sold. It is recommended that you work with a trusted real estate agent.

One key difference when selling commercial property is that the sale may be subject to VAT (Value Added Tax). It is important to understand the VAT implications of the sale and ensure that you are complying with all relevant regulations. Your real estate agent can assist you with this process and ensure that the sale is completed smoothly and efficiently.

How to sell off plan property in Dubai?

Selling off-plan property in Dubai involves a different process than selling completed property. Here are the general steps:

1. Choose a reputable developer and research their reputation and track record.
2. Review the property details and ensure that you understand the payment schedule, completion date, and other terms of the agreement.
3. Sign a contract with the developer and pay the required deposit.
4. Once construction is complete, obtain an NOC (No Objection Certificate) from the developer.

All other steps are the same as mentioned above in how to sell property in Dubai.

Note that the specific process may vary depending on the developer and the type of property being sold. It is recommended that you work with a reputable developer and a trusted real estate agent who can guide you through the process and ensure that you are meeting all of the necessary requirements.

How to sell mortgaged property in Dubai?

Selling mortgaged property in Dubai, the general process is similar to selling any other type of property. However, additionally you have to contact your mortgage provider and obtain a mortgage clearance certificate.

Note that the specific process may vary depending on the mortgage provider and any unique circumstances surrounding the sale. It is recommended that you consult with a real estate expert for guidance throughout the process.

Power of Attorney to sell property in Dubai

To sell a property in Dubai, you may need to obtain a Power of Attorney (POA) from the owner. The POA allows a trusted representative to act on behalf of the owner in all matters related to the sale of the property. This can be particularly useful if the owner is located overseas or otherwise unable to attend to the sale in person. It is recommended that you consult with a real estate expert to determine whether a POA is necessary for your specific situation and to ensure that you are meeting all of the necessary requirements.

How long does it take to sell property in Dubai?

The length of time it takes to sell a property in Dubai can vary depending on a number of factors, such as the type of property, its location, and the current state of the real estate market. However, on average, it can take anywhere from a few weeks to several months to complete a property sale in Dubai. It is recommended that you work with a trusted real estate agent to help you navigate the process and ensure that your property is marketed effectively to potential buyers.

FAQ’s

Conclusion

In conclusion, selling property in Dubai can be a complex process, but with the right guidance and support, it is possible to navigate the market successfully. It is important to work with a trusted real estate expert who can provide you with the necessary guidance and support throughout the process. By following the steps outlined in this guide and consulting with a real estate expert, you can ensure that you are making informed decisions and achieving the best possible outcome for your property sale in Dubai. If you are new investor then you can learn more about whether is it safe to invest in Dubai or top real estate developers in Dubai.