Title Deeds in Abu Dhabi: Criteria and the process to obtain them
The UAE capital is a popular destination for real estate investment due to its stunning coastline, thriving economy and world-class amenities. If you’re considering investing in Abu Dhabi real estate, securing your property dreams goes hand-in-hand with a crucial document: title deeds in Abu Dhabi. Whether you want to buy a dream home, rent out a cosy apartment or build your investment profile, this document safeguards your investment and ensures peace of mind.
From title deed meaning to registration, MyBayut has created a roadmap to understanding title deeds in Abu Dhabi.
WHAT IS A TITLE DEED?
Title deeds in Abu Dhabi are legal documents issued by the Land Registration Department (LRD) that certify property ownership. Also known as ownership deeds in Abu Dhabi, it is undeniable evidence that the property belongs to you, granting you the legal right to claim, own, lease, and even sell it.
If you’ve purchased the property outright, the title deed will be under your name. However, if you use a mortgage to buy property, the bank will hold the original title deed until the loan is fully repaid.
WHO NEEDS A TITLE DEED?
Anyone who owns property in Abu Dhabi needs a title deed. This includes individuals, companies and other legal entities. A title deed is an essential document for several reasons, including:
- Proof of Ownership: This deed is the primary legal document proving your property ownership.
- Security of Ownership: It protects your ownership rights from potential claims by third parties.
- Transactions: It is required for any legal transactions involving the property, such as renting, selling or mortgaging it.
CRITERIA FOR TITLE DEEDS IN ABU DHABI
Foreigners can own property in designated freehold areas in Abu Dhabi, such as:
- Al Reem Island
- Saadiyat Island
- Yas Island
- Al Reef
- Al Raha Beach
Remember that some neighbourhoods in the UAE capital only allow UAE citizens to own property. Foreign nationals can, however, rent or lease a property in these localities.
HOW TO GET TITLE DEEDS IN ABU DHABI
The process of obtaining and registration of title deeds in Abu Dhabi involves several steps:
- Meet with the seller at the Land Registration Department (LRD) building. Be present in person or authorise a representative with a power of attorney.
- Sign the sales and purchase agreement outlining the terms of the transaction.
- The parties must submit a package of documents to the LRD, including:
- Identity cards/Emirates visa/passports
- Building plan of the property
- Meter readings from utility providers
- No Objection Certificate (NOC)
- Proof of payment of fees
- Additional documents for legal entities
- Sign ownership transfer forms.
- Transfer the purchase amount to the seller via a manager’s cheque.
Upon completing the above steps, the LRD will issue the title deed to the buyer.
FAQs about Title Deeds in Abu Dhabi
HOW MUCH IS THE TITLE DEED IN ABU DHABI?
To know the exact fee for title deeds in Abu Dhabi, contact the Land Registration Department (LRD) or use the TAMM official website.
WHAT IS THE DIFFERENCE BETWEEN TITLE DEED AND OQOOD IN DUBAI?
A title deed is a legal document the Dubai Land Department issues for ready properties. At the same time, Oqood is a legal document issued by RERA (Real Estate Regulatory Authority) for uncompleted and off-plan properties.
HOW TO VERIFY A TITLE DEED IN ABU DHABI?
To verify title deeds in Abu Dhabi, visit the Land Registration Department (LRD) or TAMM official website.
That concludes everything you need to know about title deeds in Abu Dhabi. By understanding the importance of a title deed and following the steps outlined above, you can ensure that your ownership rights are protected and that you can enjoy the full benefits of your property investment in Abu Dhabi.
If you are planning a move, this moving from Dubai to Abu Dhabi guide will ensure a smooth transition.
Wondering about owning property in Abu Dhabi as a foreigner? ️Here is everything you need to know about property laws in Abu Dhabi for foreigners.
Keep following MyBayut to learn all about the UAE real estate laws and regulations.
