Dubai Property Registrations " Important Dead Line Date"
Dubai Land Department has recently issued a circular to remind property owners as per the real estate laws that property registration must be completed to confirm ownership.
The Dubai Land Department registration charges are 4% of the purchase price and further administration charges apply. The payments are required when registering your property.
A dead line date of 30th June 2015 has been given for Dubai property owners to register by.
There is an interim register for off plan properties so this date is for both completed and off plan units in Dubai.
Failure to do so could have legal implications on your property/transfer which will be enforced by the Dubai Land Department.
We do suggest owners to consider this notice and potential implications and make the necessary arrangements to ensure you have complied with the legal requirements.
For assistance with the Title Deed registration process you may contact our Sales Manager Cornelia Gould on email: cornelia@exclusive-links.com or contact our office on +971 4 3994937
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