Registration By Way Of Exchange

It is the process of exchanging a real estate or real estate units between two owners owners or several owners, provided that registration of each real estate or real estate unit shall be done according to the agreement made between them.

Required Documents

  • For Individuals: Original ownership certificate for real estate units or original title deed., Proof of the party., Clearance of sanitation., No objection certificate from the developer.
  • For Businesses: Original ownership certificate for real estate units or original title deed., Proof of the party., Clearance of sanitation., No objection certificate from the developer.,

Process

  • Submitting the application request and required documents through the E-services portal
  • Reviewing and approving the application by the concerned sections in AjmanRe Department.
  • Personal presence of the concerned parties on Ajmanre headquarters to sign the contract
  • Fees Payment
  • Receiving the title deed/certificate during the official working hours from AjmanRe Department headquarters

Service Fees

  • 1% of the value of the real estate to be borne by each party and 2% of the value of the increase between the real estates in the event it exists, to be borne by the new owner of the highest value from the citizens of the Gulf Cooperation Council.
  • 2% of the value of the real estate to be borne by each party + 3% of the value of the increase between the real estates in the event it exists, to be borne by the new owner of the highest value from the non-citizens of the Gulf Cooperation Council
  • 1% of the value of the real estate unit to be borne by each party + 2% of the value of the increase between the real estate units in the event it exists, to be borne by the new owner of the highest value from the citizens and non-citizens
  • AED 350 as fees for the issuance of a title deed and a site plan or ownership certificate of a real estate unit

Service Duration

  • 9 Minutes

Service Channels

  • Customers Happiness Center
  • E-service portal

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