Role of Real Estate Registration Trustee Office in the home buying process in Dubai

Real Estate Registration Trustees play a vital role in the property buying and selling process in Dubai. Real Estate Registration Trustee Centers are approved and registered by the Dubai Land Department, and they provide professional real estate registration services and manage various real estate transactions, such as registration of sale and mortgage, even outside Dubai Land Department’s working hours and business days. Which role exactly do they play on your way to owning the dream property in Dubai?

Role of Real Estate Registration Trustee Centers

Real Estate Registration Trustee Centers serve a pretty straightforward function - they finalize your purchase. After you’ve chosen your property in Dubai you sign the sale agreement, aka Memorandum of Understanding (MOU) or Form F (RERA real estate forms in Dubai, available on the DLD website) before a witness at the Registration Trustee Office. As the buyer, you pay a standard 10% security deposit on the property to the Registration Trustee (returned once the property transfer is finalized).

If you’re registering a sale or a mortgage, then you go to one of the Real Estate Registration Trustee offices and:

• Submit the required documents to the employee and make sure that they are complete,

• Wait for the transaction data to be entered into the system and get verified,

• Pay the fees and receive a receipt for payment,

• Receive the output through email.

The documents you need for sale registration are the following:

• Electronic No Objection Certificate (eNOC) from the developer in the freehold areas (through Dubai Rest Application),

• Emirates ID Card of buyer and seller or valid passport for Non-residents,

• Power of Attorney (only if you’re appointing someone on your behalf).

The documents you need for mortgage registration are the following:

• Letter from the mortgagee bank,

• Three mortgage contracts certified by the mortgagee bank and signed by both parties,

• Emirates ID card of the owner or valid passport copy for Non-residents,

• Electronic No Objection Certificate (eNOC) from the developer in the freehold areas (through Dubai Rest Application),

• Power of Attorney (only if you’re appointing someone on your behalf).

This service can take 25-30 minutes to complete. 

In addition to the 4% from selling price and the 0.25% of loan amount for the mortgage you pay to the DLD, you’ll also need to pay Registration Trustee fees:

Upon settling the final payment and additional fees, the buyer obtains a new title deed (certificate of ownership in Dubai), registered and issued by the DLD.

Real Estate Registration Trustee Centers

Here are the offices with contact information in Dubai that can assist you with your real estate transaction.

Final thoughts

With this new knowledge, you are better able to understand what the real estate registration trustee center is and what role it plays once a property is purchased, whether it is with cash or a mortgage. For a complete picture of the process, visit our blog section and read about DLD (Dubai Land Department) - Role in a property buying process, The home-buying process in Dubai explained, Title deeds in Dubai, Property conveyancing in Dubai and many more mortgage and real estate related topics. 

As experts in UAE real estate and mortgages, Kredium can also help you navigate all the steps of the process and ensure a positive experience. Get in touch with us and let our team help you with any questions you may have.

We also offer at your disposal the following:

• Mortgage calculator for estimating mortgage installments and rental profit

• Properties portal with over 5000 ready-to-move-in and off-plan properties

• Mortgage offers for UAE nationals, expats and non-residents.

Photo credits:

1. Vwalakte | Freepik