Register a unit mortgage contract on DARI

Off-Plan Plot Buy and Sell Registration

April 26, 2023

Register Power of Attorney

April 27, 2023

Published by Admin on April 27, 2023

Description

Here, you can register the mortgage contract of your unit.

Required Documents

Mortgage contract
NOC from mortgagor bank is required in case there is another mortgage on the same unit.

Business rules

Mortgages are allowed to be registered if the right hold type is ownership with all acquisition types. However, in case the right hold type is ownership, and the acquisition type is allotment, but the land use is public house, then you’re not allowed to register a mortgage contract.

Service Fees

Register Unit Mortgage Fees

Fee = 0.09% of the mortgage contract value

Maximum fee is 1,000,000

Electronic Administrative Services Allowance Fees = AED 450 (excl. VAT 5%)

Application journey

Start your application through the available channels
Select the property and mortgage bank
Upload any required documents, then submit for bank approval
Upon DMT approval, pay any applicable fees, then download the Mortgage Registration Certificate

Payment methods

Your Wallet
Credit/Debit card

Service channels

Dari Website
Dari APP
ADREC at Your Place
ADREC Trustee Office

Service Output

Mortgage Registration Certificate
Title Deed