Lease To Own
Documents Required
Original passport, visa, Emirates ID
No Objection Certificate (NOC) from Developer.
MOU Sale agreement form (F).
Original Lease Letter from bank.
Land Department Fees
0.25% of mortgage price + 290 AED.
4% of sale price + 580 AED (If Apartment) or 430 AED (If land or villa).
Afnan Fees
4,000AED if the price of the property equal or more than 500,000AED.
2,000 if the price of the property less than 500,000AED.
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