Rent-to-Own Property Registration in Dubai – Legal & Secure

The official registration fees include 2% of the annual rental value payable by the tenant, plus 2% of the sale price from both the seller and the buyer. In addition, AED 10 is charged for Knowledge and Innovation fees, and AED 1,000 for the e-registration service. Payments are made through the Noqodi system or the developer’s escrow account.

The rent-to-own contract must be registered with the Dubai Land Department within 90 days of the signing date. Failure to register within this period may result in penalties or contract disputes.

If the buyer is a minor, their legal guardian must sign the rent-to-own contract. Additionally, a valid copy of the guardian’s Emirates ID or passport must be included in the application. This ensures that the DLD recognises the transaction and registers it in compliance with UAE property registration laws.

A Bank Letter is an official document from the financing bank confirming the rental value and terms of the lease-to-own agreement. The transaction’s financial structure with the DLD must be verified. Without this letter, lease-to-own properties in Dubai cannot be registered.

Yes, both foreign and GCC companies can register rent-to-own properties in Dubai. They must provide a valid trade licence, the licence holder’s passport or ID, a notarised and Arabic-translated Memorandum of Association, and a shareholder certificate. Foreign companies also need a Ministry of Foreign Affairs attestation and, if based in a free zone, a one-year No Objection Certificate.