Selling an inherited property in Dubai involves a comprehensive legal process to ensure transparency and compliance with local regulations. To facilitate this, the Dubai Land Department (DLD) provides a dedicated sale procedure for heirs. The service is designed to streamline property transactions between heirs or third-party buyers.
Let’s take a look at the sale procedure for heirs in Dubai and the documents required for it.
How to Complete the Sale Procedure for Heirs in Dubai
The sales procedure for heirs allows the registration of full or partial property, whether ready to move in or off-plan. The transaction can be carried out by the seller and buyer or their legal representatives. However, before initiating the sales procedure, it is essential to complete the heirs ownership registration process in Dubai.
The following are the steps to complete the sales procedure for heirs in Dubai.
- Step 1: Visit the ‘Real Estate Registration Trustee Centre’
- Step 2: Provide all the required documents (mentioned below) to the employee
- Step 3: Wait for the digital entry and audit
- Step 4: Pay the fee
- Step 5: The transaction will be forwarded to the Department of Trusts, and the heirs’ share will be transferred into the bank account
- Step 6: Receive, title deed and map and payment receipts via email
Documents Required for Legal Sale of Inherited Property in Dubai
To complete the DLD heirs’ sale process, the following documents are required.
- Seller’s and buyer’s UAE ID (for identification purposes only, no copy is required)
- Title Deed
- Sale cheque made out to the department, along with the deposit receipt
- An IBAN certificate from the bank showing the seller’s name and SWIFT code
- Real estate brokers’ card (if applicable)
- IBAN certificate and the SWIFT code for the broker (if applicable)
- Legal power of attorney for real estate transactions (if a representative is involved)
Service Charges of Sale Procedure for Heirs in Dubai
The service charges for the sales procedure for heirs in Dubai are as follows:
- The seller and buyer will each pay 2% of the total sales value
- For issuance of the Title Deed, AED 250 will be charged
- The fee for a land plot map within Dubai Municipality’s jurisdiction is AED 225, while plots outside the jurisdiction are charged AED 100
- Knowledge fee for each drawing is AED 10
- The innovation fee for each drawing is AED 10
A service partner fee is also applicable: AED 4,000 + VAT for sale values of AED 500k or more and AED 2,000 + VAT for values below AED 500k. For instance, the total cost for properties valued at AED 500k within Dubai Municipality is approximately AED 24,695. The service fee can be paid through a cheque or a credit card.
Terms and Conditions for Heirs’ Property Sale Approval in Dubai
An approval application from the investigation committee is required to sell the heirs’ residential property. This ensures that all legal heirs are accounted for and that the sale is conducted with proper authorisation. The process helps protect the rights of all parties involved.
FAQs
What are the key legal steps heirs must follow to sell property in Dubai?
Heirs must first complete the heirs’ ownership registration and then proceed with the heirs’ sale procedure to sell the property.
What role does the Dubai Land Department play in protecting heirs during property transfer?
The DLD ensures transparent property transfers among heirs by verifying ownership, documentation and overseeing the sale process. For residential inherited properties, approval from the Investigation Committee is also required before sale.
What happens to property when someone dies in the UAE?
Upon a person’s death, their property is distributed according to a registered will or, in its absence, under UAE inheritance laws.
What happens to inheritance if there is no will?
In the UAE, if someone dies without a registered will, asset distribution follows Sharia law for Muslims, and the UAE Civil Personal Status Law (Federal Decree Law No. 41 of 2022) for non-Muslims.
How much does it cost to make a will in the UAE?
The cost of making a will in the UAE generally ranges from AED 950 to AED 7,500, depending on where it’s registered and whether legal assistance is required
These were the details for the complete sales procedure for heirs in Dubai, along with the necessary documents required. The sales procedure service not only increases transparency but also protects the rights of heirs. The increased transparency and streamlined processes of DLD contribute towards the growth of Dubai’s real estate market. If you are also planning to invest in this growing market, here are some properties for sale in Dubai that you can opt for.
In case you are new to the market, here are some tips for real estate investment in Dubai that can help you in the process.
Stay connected with dubizzle’s property blog to learn how to sell inherited property in Dubai.
