Transferring property ownership in Ajman is a straightforward process managed by the Department of Land and Real Estate Regulation (AjmanRe). This service allows individuals or businesses to legally transfer property ownership between a person and a company, or vice versa. The process ensures transparency and compliance with local regulations. Here is an overview to help you navigate transfer property ownership in Ajman.
Transfer Property Ownership in Ajman
The Department of Land and Real Estate Regulation is the principal body governing real estate activities in Ajman. All property transactions including ownership transfers must comply with its regulations to ensure legality and protection for all parties involved.
Service Required Documents
Here are the documents required for transfer property ownership in Ajman:
Individuals
- Original title deed and site plan.
- A valid UAE ID for the property owner or their legal representative, or a valid passport for non-resident foreigners.
- Clearance certificate/NOC from the developer (applicable for real estate units).
Business
- Original title deed and site plan.
- A valid UAE ID for the company’s owner or their legal representative, or a valid passport for non-resident foreigners.
- Establishment contracts and valid commercial licenses for companies and institutions.
- Clearance certificate/NOC from the developer (applicable for real estate units).
- An official letter from the company requesting the transfer of property ownership.
Service Procedure for Transfer Property Ownership in Ajman
These are the steps to apply for transfer property ownership in Ajman:
- Step 1: Submit the application and required documents through the E-services portal.
- Step 2: The AjmanRe Department reviews and approves the application, followed by the personal attendance of the concerned parties at AjmanRe headquarters to sign the contract.
- Step 3: Pay the applicable fees.
- Step 4: Receive the title deed, initial registration certificate, or registration certificate from the Department. Alternatively, download the e-title deed, initial registration certificate or registration certificate via the UAE Pass wallet.
Fees
- Transfer Fee: 0.125% of the property or real estate unit’s value, with a minimum charge of AED 2,500.
- Issuance Fee: AED 350 for issuing a title deed, site plan, or ownership certificate for a real estate unit.
Transfer Property Ownership in Ajman Service Duration
- 5 minutes
FAQs
How long does it take to complete a property transfer in Ajman?
The process is efficient and typically completed within a few minutes if all requirements are met.
Can non-residents transfer property ownership in Ajman?
Yes, non-residents can transfer property ownership using their valid passports.
Where can I apply for a property ownership transfer in Ajman?
Applications can be submitted through the AjmanRe E-services portal.
Transferring property ownership in Ajman is a smooth and well-structured process that ensures all transactions are legal and transparent. By following the guidelines and submitting the necessary documents, individuals and businesses can complete the process quickly and efficiently.
That said, if you want to own a home in the emirate, browse through these properties for sale in Ajman and take your pick.
Keep reading dubizzle’s property blog for more information on important real estate transactions.
Cover Image Credits: Shutterstock Photo Contributor – Pormezz
