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Does the Attendance of Buyer and Seller is mandatory?
Yes it is mandatory to start the transfer, exception made if there is Power of attorney. -
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What time is the latest time to come and get the approval from Dubai Land Department?
We advise you to come before 2 PM -
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Power of Attorney issued outside of UAE require any attestation?
Yes it should be attested from UAE Embassy in the issuance country and MOFA in Dubai. Legal Arabic translation is also mandatory. If the POA is issued in UAE, the notary public stamp is mandatory with Dubai Court sticker. -
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Dubai Land Department fees can be paid in cash or credit card?
Yes it is possible. -
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Can the trustee office help us in preparing or modifying the MOU?
Yes we can make it ready for you. We can even assist the broker to fill the Electronic MOU through the application Dubai Brokers. The attendance of both parties and broker will be necessary.
Note: verify the validity of the mobile number and email entered as a message will be sent for approbation. -
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Does POA from seller side in off plan property (Oqood) can process to the transfer?
Yes, it requires 8 % Dubai Land Department fees. -
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Does the Sale cheque can be under POA name?
No, the sale cheque can be only under seller name. -
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Can the seller receive cheque at time of signature ?
No, sale cheque will be received after DLD approval. -
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What is the POA validity?
The validity of the POA for selling is 2 years and for buying is 5 years. -
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What are the documents required for a free zone company?
The required documents are:
- Valid License/incorporation certificate
- Memorandum of Association with all amendment stamped by the free zone authority
- Valid Incumbency/ extract of shareholder less then 1 month for selling and less than 6 months for buying
- Good standing valid for less than 6 months
- NOC from the free zone authority for buying
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Is it mandatory for the offshore company to attest their company documents ?
Yes, it is mandatory to attest them from UAE Embassy in the issuance country and MOFA in Dubai. Legal Arabic translation is also mandatory. If the POA is issued in UAE, the notary public stamp is mandatory with Dubai Court sticker. -
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What are the documents required for the offshore company?
The required documents are as following:- Valid incorporation certificate
- Memorandum of Association with all amendments
- Valid Incumbency ( validity of 3 months for selling and for buying)
- Good standing (validity of 3 months)