Transfer with DMCC Company

DMCC Property Transfer Overview

A comprehensive guide to property ownership transfer through Dubai Multi Commodities Centre

DMCC Free Zone Register

Operating within Dubai’s premier free zone, DMCC companies benefit from a structured framework designed for seamless property transactions and business operations.

Documentation Required

All official documents undergo professional Arabic translation, ensuring full compliance with UAE regulations and maintaining proper legal records.

Transfer Process

Our streamlined process connects buyers and sellers through registered DMCC companies, facilitating efficient property ownership transfers within Dubai’s regulatory framework.

Fees for Transfer with DMCC Company

Required Documents for Property Transfer

  • Original Title Dead
  • Copy of Parties (Owner/Buyer) valid passport and Emirates ID
  • Unified Sales contract Form (F)
  • Original NOC from DMCC (For buyer company only)
  • Incorporation Certificate
  • Valid Incumbency certificate
  • Board of Resolution/Power of attorney (Documents Required)
  • Company Share Amendment Appendix (If Any)
  • Undertaking Letter to be signed from new owner and stamped with company stamp

Land Department Fees

Category Description
A 4% of selling price on the name of Dubai Land Department
B 580 AED (If Apartment) Or 430 AED (If land or villa)

Trustee Service Registration Fees

Category Description
A 4,000 AED + 200 AED (5% VAT) if the selling price is more than 500.000/- AED
B 2,000 AED + 100 AED (5% VAT) if the selling price is less than 500.000/- AED

Important Notes

Company Registration

Any company involved in the buying and selling of property needs to first be registered under JAFZA.

Power of Attorney (POA)

  • POA issued in Dubai court has no expiration
  • POA issued outside the UAE expires in 2 years for selling and 5 years for buying properties

Incumbency Certificate Validity

  • Inside UAE: Selling 30 days, Buying 180 Days (or the effective date of the certificate whichever is less)
  • Outside UAE: Selling 90 days, Buying 180 Days (or the effective date of the certificate whichever is less)

Required Identification

All signatories involved in the transaction must provide their original Passport, Visa, and Emirates ID.

Fee Changes

Please note that the requirements and fees are subject to change according to the Dubai Land Department’s rules and regulations.

DMCC Property Transfer Process

The DMCC Free Zone facilitates seamless property transactions within Dubai through a comprehensive framework designed for business efficiency and legal compliance. Our structured approach ensures smooth property transfers while maintaining the highest standards of regulatory compliance.

1. DMCC Registration

Establish your company’s legal presence through DMCC registration, enabling authorized property transactions within Dubai’s dynamic real estate market.

2. Document Preparation

Professional Arabic translation of all essential documents, including contracts, trade licenses, and certificates, ensuring full compliance with local regulations.

3. Ownership Verification

Secure documentation of property ownership through official certificates and title deeds, providing clear proof of the company’s property rights.

4. Financial Processing

Streamlined payment procedures through manager’s cheques, credit cards, or Epay, with fees calculated based on property type and value.

5. NOC Acquisition

Obtain necessary No Objection Certificates from developers, confirming clear authorization for property transfer.

6. Corporate Approval

Secure formal approval through Board or Shareholder Resolutions, ensuring proper corporate governance in property transactions.

7. Transfer Completion

Execute the final transfer process, culminating in the issuance of an updated title deed under the new owner’s name.

This robust process upholds the integrity of property transactions within DMCC’s Free Zone, ensuring full compliance with Dubai’s property laws while facilitating efficient business operations.