Dubai real estate is famous for its consistent growth, high ROI (return on investment), tax relaxations, and a highly organized real estate authority—Dubai Land Department.
Be it renting a property in Dubai, buying a villa, or investing in holiday homes, the Dubai Land Department ensures smooth processing of all types of real estate transactions in the Emirate.
One of the most important documents in Dubai real estate transactions is a title deed. Here is everything you need to know about a title deed in Dubai.
What is a Title Deed in Dubai?
A title deed serves as a legally binding document that confirms the ownership of a property under the name of one or more individuals. This document grants the rightful owner(s) legal entitlements to assert, possess, lease, and transfer ownership of the property unit.
In the case of a direct property purchase, the title deed is registered in the buyer’s name. However, if someone chooses to finance a property through a mortgage in locations such as Dubai and Abu Dhabi, a duplicate of the title deed will be issued.
- During the period of the mortgage, the lending institution retains possession of the title deed until the mortgage is settled in full.
5 Benefits of Title Deed in Dubai
Here are five benefits of holding a title deed in Dubai.
1. Ownership Confirmation
A title deed is an official document that confirms your ownership of a property in Dubai. It includes detailed information about the property, such as its location, size, and boundaries, providing a clear record of your ownership rights.
2. Legal Protection
Holding a title deed in Dubai provides legal protection for your property rights. It is recognized by the Dubai Land Department and other relevant authorities, ensuring that your ownership is legally documented and protected. This protection is essential in case of any disputes or legal matters related to the property.
3. Transaction and Financing
When selling or buying a property in Dubai, a title deed is an important document for completing transactions. It serves as proof of ownership during property transfers and provides assurance to buyers and financial institutions. It is often required when seeking financing or mortgages in Dubai, as it demonstrates the property’s value and ownership status.
4. Investment Security
Owning a property with a valid title deed in Dubai adds security to your investment. It gives you confidence in the legitimacy of your ownership and helps protect against fraudulent activities. Investors often prioritize properties with clear and documented ownership to minimize risks.
5. Real estate Planning and Inheritance
A title deed in Dubai is crucial for estate planning and inheritance purposes. It clearly outlines the ownership structure, making it easier for heirs to inherit the property. Having a properly documented title deed can streamline the legal process and help avoid complications in the transfer of property rights to the next generation.
Documents and Information Required for a Title Deed in Dubai
It is important to note that the title deed may vary from Emirate to Emirate. However, here are the mandatory documents (or information) needed to obtain a title deed in Dubai.
- Every important detail related to the property. It may include the layout, dimensions, boundaries, location, and utilization.
- Complete name and contact details of the property owner.
- Deed transfer and issuance dates.
- Total purchasing cost of the property.
- Mutually agreed conditional clauses, if applicable.
- Official seal or stamp from the relevant department.
Registering and transferring the title deed to your name is important, as it grants legal ownership rights to the property. Neglecting this process may deprive you of your right to assert ownership of the acquired property unit.
How to Transfer a Title Deed in Dubai and UAE
The transfer of the title deed occurs upon the completion of the transaction and full receipt of payment by the seller. However, some specific procedures, such as title deed verification, vary across the Emirates. Here is how the title deed transfer process in Dubai.
- Go to the Happiness Centre with all the required documents.
- Submit the necessary documents and await digital data entry.
- Make the transaction fee payment, obtain the receipt, and verify the transaction.
- Receive the new title deed through email.
Alternatively, the title deed can be transferred digitally.
How to verify Title Deed Dubai through REST App
Here is how you can verify the title deed via the REST app.
Step 1: Download/Access REST App
If you have not downloaded the REST app already, the first step is to download the app and register your account. After that, open your Dubai REST app, go to the “services” section, and then click on the “Title Deed Verification “option.
Step 2: Provide Necessary Details
The Dubai REST app, designed for various purposes, has been introduced by the Dubai Land Department. Gather essential information for the Title Deed verification process, including:
- Property Type: Choose from Land, Villa, or Unit.
- Name of the owner
- Certificate Number: Located below the barcode or QR code. Also, locate the contract number for Oqood.
- Certificate Year: Found beneath the barcode or QR code on the title deed. Additionally, identify the contract year for Oqood.
Step 3: Initiate Validation
After entering all required details, proceed to click on the validation button to authenticate the title deed through the REST App.
Once you do that,
- The app’s server will process the request, cross-referencing the provided information with relevant records.
- The server will then furnish a verification outcome indicating the validity of the title deed.
Prospective buyers can scrutinize the app-generated verification result to determine the legitimacy of the title deed.
Frequently Asked Questions
What Is The Property Transfer Fee In Dubai?
The fee for property transfer or title deed transfer in Dubai is approximately AED 945. Here is a breakdown of the title deed transfer fee:
- AED 250 for each title deed
- AED 325 for a unified map with Dubai Municipality
- AED 250 for the apartment and villa map
- AED 100 for the land map
- AED 10 for the innovative fee.
- AED 10 for the knowledge fee
Is It Necessary To Keep The Title Deed After Signing MOU?
Certainly, it is essential to complete the title deed transfer even after the signing of a Memorandum of Understanding (MOU).
The MOU is a document executed before the property transaction, outlining all transaction details. In contrast, the title deed is a legally binding document that grants ownership rights to the property.
Can I Access Title Deeds in Dubai Via Mobile?
Indeed, you can utilize the DLD app to download the title deed through your mobile device. For example, residents of Dubai can log in to their Dubai Rest app and conveniently download the deed online.
Is Title Deed Verification Necessary?
Yes, undergoing title deed verification is crucial to prevent potential legal issues in the future.
Title Deed in Dubai—closure
The title deed is a vital document related to real estate transactions in Dubai. It not only prevents legal problems but also allows buyers to assert their authority and ownership with ease.
In case you need help with your real estate transactions, feel free to contact Orchid Homes Real Estate, Dubai—your trusted real estate broker in Dubai.
