Development Contract

Description

This service allows the developer to manage and develop a real estate project, including registering an escrow account, handling sales on behalf of the owner, and performing other project-related activities and services.

Required Documents

• Site Plan (Mandatory)

Business rules

N/A

Service Fees

Development Contract Registration Fees = 3.6% of the agreement value between the parties.
Electronic Administrative Services Allowance Fees = AED 1400 + 5% VAT

Application Journey

• Start your application through the available channels.
• Select a property (Land only).
• Fill in the contract details.
• Upload the required documents.
• Review and submit the application to the designated party for approval.
• Pay the applicable fees.
• Download the development contract and payment receipt.

Payment methods

• Your Wallet
• Credit/Debit card

Service channels

• DARI Website.
• DARI App.
• ADREC at Your Place
• ADREC Trustee Office

Service Output

• Development Contract
• Payment Receipt