– Agreement of sale signed between the buyer and the seller
– Seller to apply for the liability letter – Statement of Accounts to be prepared and issued (AED 50 + VAT)
– Liability Letter received
– Block property at Transfer Office (starts at AED 1000) – All Managers Cheques to be present including Land Department Fees
– Once property is successfully blocked, Buyer to settle Seller’s mortgage
– Sellers bank releases clearance documents to the agency (mortgage release fee – AED 1,290 is for normal mortgage, AED 1,560 is for Islamic mortgage)
– NOC Applied for with the Developer
– NOC issued
– Transfer time booked
– Transfer at Transfer Office