How It Works

Buyer KYC & Documentation

Buyer completes Know Your Customer (KYC) verification and provides required documents:

• Valid passport copy
• Emirates ID (for UAE residents)
• Proof of address (utility bill or bank statement)

Buyer Undertaking Form

Buyer signs an undertaking form confirming their commitment to purchase the property at the agreed price and terms. This legally binding document includes payment schedule, property details, and completion timeline.

Initial Deposit Payment

Buyer transfers the initial deposit (typically 5-10% of property value) in USDT, BTC, ETH, or AED to secure the property.

No Objection Certificate (NOC)

Seller obtains a No Objection Certificate (NOC) from the property developer, confirming there are no outstanding payments or objections to the ownership transfer. This is a mandatory requirement for all off-plan property transfers in Dubai.

Seller Undertaking Form

Seller signs an undertaking form confirming their commitment to transfer the property ownership to the buyer upon receipt of full payment. This document guarantees the seller's obligation to complete the transfer process.

Final Payment & Clearance

Buyer completes the remaining payment as per the agreed schedule. All payments are verified, and seller confirms receipt. After this step, the seller's role is complete, and all subsequent steps are between the buyer and developer.

Sale & Purchase Agreement (SPA)

Buyer signs the official Sale & Purchase Agreement directly with the developer. The SPA includes all terms, conditions, payment schedule, and handover details. This agreement is between buyer and developer only.

Dubai Land Department (DLD) Registration

Buyer and developer complete the official ownership transfer at Dubai Land Department (or authorized Trustee office):

• DLD transfer fee: 4% of property value (typically split between parties, or as agreed)
• Trustee office fee: AED 2,000-5,000 (if applicable)
• Mortgage registration fee (if applicable)
• New title deed issued in buyer's name

Property Handover

Upon project completion (expected 2026-2027), developer conducts property handover inspection with the buyer. Buyer receives keys, access cards, and all property documentation directly from the developer. Ownership transfer is now complete.