The sales register application is a legal process to transfer property ownership from a seller to a buyer in Ajman. The digital application process not only saves time but also aids in making the process transparent. Moreover, the streamlined process also ensures that the transfer complies with the laws and regulations.
Let’s elaborate on the sales registration application in Ajman and all the steps involved.
Sale Registration of a Real Estate Unit in Ajman
Similar to the property registration process in Ajman, the process of sales registration application is also convenient and simple. The service allows users to transfer property ownership from the seller to the buyer.
Now that you are aware of the service, let’s take a closer look at the steps involved in the process.
Ajman Sale Registration Process
Following is the process of sales registration application in Ajman.
- Log in to the E-portal
- Submit the required information along with the required documents (mentioned below)
- Wait for the application to be approved by AjmanRe
- Visit the concerned department and sign the contract
- Pay the fees of the process and receive a title deed or registration certificate. You can also download the deed through the UAE Pass wallet
Ajman Sale Registration Service Required Document
The documents required for the sales registration application in Ajman are different for individuals and businesses. Mentioned below is the complete list of documents required for property sales registration.
Required Documents for Individuals
Individuals are required to submit the following documents for sales application registration in Ajman.
- Title deed or ownership certificate (Original)
- NOC/clearance certificate from the developer
- Sales contract from real estate office, if any
- Emirates ID/Passport
Required Documents for Business
For the business, mentioned below documents are required.
- Title deed or ownership certificate (Original)
- Commercial licence and establishment contract
- NOC/clearance certificate from the developer
- Sales contract from real estate office, if any
- Company owner’s Emirates ID/Passport
Ajman Sale Registration Fees
The sales registration application fee varies depending on multiple factors. Following are the complete fee details.
- Locals and GCC buyers are required to pay AED 2,500 (minimum) or 2% of the property’s total value.
- The fee is AED 3,000 (minimum) or 3% for expats.
- In order to dispose of common property lands, AED 5,000 will be charged.
- The registration of government and semi-government housing programs will cost AED 3,000.
- To register a property by virtue of a judicial verdict, the fee is AED 2,500 or 2% for locals. For expats the fee is AED 3,000 or 3% of the total value.
- For a real estate unit registration by virtue of judicial verdict, 2% of the value of the real estate or a minimum of AED 2,500 is charged.
- For registering a real estate unit in government and semi-government housing programs, the fee is AED 1,500.
- The charges are AED 200 in case of selling to the agency for relatives. Whereas, it is AED 1,000 if the property is sold to the same agent. If the agency sells properties to another person the fee is 2% and in the case of a repeat agency, it is 3%.
- The registration fee for a real estate unit sold through an auction organised by the office is AED 2,000. However, if the auction is arranged by the department, the fee is AED 1,500.
- The title deed issuance fee is AED 350.
- The minimum ownership fee for expats is AED 10,000.
FAQs
What is the service duration of sale registration of a real estate unit in Ajman?
It takes around 9 minutes to complete the sale registration application in Ajman.
Can I get a digital title deed in Ajman?
Yes, you can download the digital title deed in Ajman from the UAE Pass wallet.
Do GCC citizens have to pay registration fees in Ajman?
Yes, the sale registration fee for GCC citizens in Ajman is 2% of the total value or a minimum of AED 2,500.
This was all about a sales registration application in Ajman. The sales registration not only aids in the convenience of investors but also increases property transaction processes. This contributes significantly to the growing real estate market of Ajman. That said, if you are also interested in availing these higher returns, browse through these properties for sale in Ajman and invest in the real estate now.
Prior to investing, here are some pros and cons of investing in real estate in Ajman that you should be aware of.
Stay tuned to dubizzle’s property blog to learn more about properties in Ajman.
