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Ajman Live

  • Total Transactions: 2,870,000 AED
  • Top Section: الزاهية : 1,300,000
  • Top Sector: الشرقي : 1,470,000

Registration Of Termination Of Lease Contract Ending With Ownership (Complementary)

This service allows the customers to apply for the release / termination of the lease ending in ownership between the tenant and the financing bank, during which the ownership is transferred from the financing bank to the tenant.

Required Documents

Required Documents for Individuals


  • Tick The original title deed and site plan or ownership certificate for the real estate unit.
  • Tick Proving the identity of the customer or his representative legally.
  • Tick Objection certificate from the developer of the real estate unit.
  • Tick A letter from the bank indicating the release of the Lease To Own, and transfer the ownership to the beneficiary.

 

Required Documents for Business


  • Tick The original title deed and site plan or ownership certificate for the real estate unit.
  • Tick Proving the identity of the customer or his representative legally.
  • Tick Establishment contract and commercial license for institutions and companies.
  • Tick Objection certificate from the developer of the real estate unit.
  • Tick A letter from the bank indicating the release of the Lease To Own, and transfer the ownership to the beneficiary.

 

Procedures

Service Steps


  • Tick Submitting the application request and required documents through the E-services portal
  • Tick Reviewing and approving the application by the concerned sections in AjmanRe Department
  • Tick Fees Payment
  • Tick Receiving the title deed/initial registration certificate/Registration certificate from the Department. Downloading the e-title deed/initial registration certificate/Registration certificate from UAE Pass wallet.

 

Fees

Service Fees


  • Tick AED 350 fees for issuing of title deed and site plan or ownership certificate of a real estate unit
  • Tick AED 500 registration of a release of lease contract that ends with ownership

 

Duration

9 Minutes


 

Channels

  • Customers Happiness Center:
    • Working hours: Monday to Thursday from 7:30 am until 3:30 pm , and Friday from 7:30 am until 12:0 pm
    •  location: Ajman and Masfoot
  • E-service portal


 

Apply Now

Apply Now

location
HQ

Al Imam Malik Bin Anas Street,
Al Jurf, Ajman, United Arab Emirates

customer
Customer Care

Phone: +971 6 703 8888, Fax: +971 6 703 8800
Email:info@ajmanre.gov.ae

working
Working Hours

Mon – Thu: 7:30 am–3:30 pm
Fri: 7:30 am – 12:00 pm