Registration Of Mortgage Amendment By Transferring Between Financers (Complementary)

Authentication of the process of transferring and moving of mortgage from a bank to another. after approval from the bank

Required Documents

  • Individuals ( Original title deed or ownership certificate)
  • Individuals ( Letter from the mortgage authority of approval)
  • Individuals ( Passport copy (for non-residents)
  • Individuals ( Clearance of sanitation)
  • Individuals ( No objection letter from the developer of the real estate units)
  • Businesses ( Original title deed or ownership certificate)
  • Businesses( Letter from the mortgage authority of approval)
  • Businesses ( Passport copy (for non-residents)
  • Businesses ( Clearance of sanitation)
  • Businesses ( The founding contract of the company)
  • Businesses( No objection letter from the developer of the real estate units)
  • Government Agencies ( Original title deed or ownership certificate)
  • Government Agencies ( Letter from the mortgage authority of approval)
  • Government Agencies ( No objection letter from the developer of the real estate units)

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

  • AED1,000.00 amendment or transfer of mortgage between financing bodies during the mortgage period, otherwise the mortgage shall be considered as new
  • AED350.00 issuing of ownership certificate of a real estate unit or title deed

Service Duration

  • 9 Minutes

Service Channels

  • Customers Happiness Center
  • E-service portal

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