How to transfer property ownership in Abu Dhabi

• Required Documents
• Clearance Certificates
• Fees
• Final Transfer
• Transfer Property Ownership in Abu Dhabi Online
• FAQs

Curious about how to transfer property ownership in Abu Dhabi? The process begins with obtaining clearance certificates and gathering the necessary documents. This guide breaks down the technical details to make your property transfer smooth and hassle-free. We’ll also explore how to transfer property ownership in Abu Dhabi using TAMM and other digital platforms, ensuring you have all the information to complete the procedure confidently and efficiently.

Transferring Property Ownership in Abu Dhabi – Preparing the Necessary Documentation

Gathering the correct documents is crucial for a seamless property transfer process in Abu Dhabi.

• Identification Documents: Passport copies for all owners and the new buyer, including visa pages and Emirates IDs.
• Legal Agreements: Original Sales and Purchase Agreement/Reservation Form.
• Financial Clearances: Proof of payment for any outstanding instalments and service charges. Additionally, a Mortgage Release Letter from the bank is required, if applicable.
• Additional Approvals: Request for Assignment Letter signed by the new buyer, and potentially, a No Objection Certificate (NOC) from co-owners or the master developer.

Other Common Documents

• Property Details: A recent land plan (issued within the last six months), the last reading for the Meter Certificate and an official letter issued by the owner.
• Authority Approvals: NOCs from relevant authorities like the Abu Dhabi Distribution Company or the Department of Transportation may be required depending on the property’s location and type.
• Visit to LRD: Both parties, their real estate agent, and any involved mortgagee must visit the Abu Dhabi Land Department to register the sale. Alternatively, a notary-approved power of attorney can represent the parties.

Putting Together Clearance Certificates to transfer property in Abu Dhabi

Obtaining clearance certificates ensures the successful transfer of property ownership in Abu Dhabi.

Here’s a step-by-step guide to simplify this:

1. Assigning a Representative:
   • If the property owner cannot be present, a Power of Attorney (POA) may be needed. If issued outside the UAE, relevant courts or institutions must attest the POA.
2. Obtaining No Objection Certificate (NOC):
   • Secure an NOC from the Abu Dhabi Municipality. This certificate is mandatory to ensure no legal impediments to the transfer.
3. Using the DARI System:
   • Access the DARI system to apply for necessary clearance certificates. This platform streamlines the acquisition of various documents, including:
     • Valuation Certificate
     • Verification Certificate
     • Ownership Deed/Title Deed
     • Properties Ownership Certificate
     • Site Plan
4. Procedure:
   • Begin with a Sale and Purchase Agreement (SPA).
   • Follow through by obtaining the above-mentioned clearance certificates.
   • Ensure all fees are settled with the Abu Dhabi Municipality as part of the final steps in the property transfer process.

Fees for Property Transfer in Abu Dhabi

Understanding the fees and charges of transferring property ownership in Abu Dhabi is crucial for a smooth transaction.

Here’s a simplified breakdown of the costs involved:

• Registration Fees: The Executive Committee determines these fees, which range from a minimum of 1% to a maximum of 4% of the property’s transaction value or its assessed value by the relevant Municipality.
• Mortgage and Musataha/Usufruct Rights: Mortgage registration fees are set at 0.1% of the purchase price. For musataha and usufruct rights, the registration fees are 4% of the value.
• Agency and Valuation Fees: Real estate agency fees typically are 2% of the property value plus 5% VAT. Property valuation fees range between AED 2,500 to AED 3,000, also subject to 5% VAT.

Additional costs include:

• Title Deed and Administrative Fees
• Transfer and Municipality Fees

These fees ensure that all legal and procedural aspects of the property transfer are managed efficiently, adhering to Abu Dhabi’s regulatory framework.

Finalising the Transfer

The formal transfer registration is the final stage of transferring property ownership in Abu Dhabi.

• Presence at Abu Dhabi Land Department (LRD): All parties involved must be present or represented at the LRD.
• Submission of Documents: A comprehensive set of previously prepared and verified documents is submitted.
• Payment of Fees:
  • Property transfer fee
  • Municipality fee
  • Administrative fees
  • Registration fee
• Final Inspection and Approval: The property may be inspected for the final time to ensure that all conditions of the sale are met.
• Issuance of Title Deed: Upon completing all steps and payments, the LRD issues an Abu Dhabi property title deed, officially transferring ownership.

Using Digital Platforms for Efficiency

Transfer Property Ownership in Abu Dhabi Online via TAMM Portal

The TAMM government services portal offers a streamlined online process for digital convenience.

After creating an account and logging in, users can transfer property ownership in Abu Dhabi through TAMM by uploading the necessary documents and paying fees online. The process typically takes three days.

Transfer Property Ownership in Abu Dhabi Online via the DARI System

DARI platform facilitates the digital submission of documents and payment of fees, significantly simplifying the process. Users can log in, select the service for transferring land ownership, and follow prompts to complete the transaction.

By using available digital services, parties can ensure a smooth transfer of property ownership in Abu Dhabi, meeting all legal and regulatory requirements.

FAQs

What are the charges for transferring property ownership in Abu Dhabi?

In Abu Dhabi, the fee for transferring property ownership is generally 1 to 4% of the property’s sale price. Additionally, if the property purchase is financed through a mortgage, the mortgage registration fee is 0.1 to 0.25%.

What steps should be taken to transfer property to a new owner in Dubai?

The process of transferring property ownership in Dubai involves several key steps:

• Sign the Agreement of Sales.
• Request Property Valuation.
• Ensure all finances are clear.
• Obtain a No Objection Certificate (NOC).
• Request the official transfer of ownership.

How long does the property transfer process take in the UAE?

The timeframe for transferring property in Dubai can vary depending on several factors, such as whether the property is mortgaged or the buyer is securing a mortgage.

Although the process might seem daunting, careful planning can make transferring property ownership in Abu Dhabi smoother and more accessible.

If you’re moving to the UAE capital, get familiar with the contracts and documents for renting Abu Dhabi property. To learn more about Abu Dhabi’s real estate market, subscribe to MyBayut.