![]() ![]() Click accept to continueħ- Check your details and enter the missing details. Selling a property - the purchaser's workflowġ- Open Dubai REST app and select "Services" from the bottom menuĢ- Select "Buy a property" from the selected services menuģ- Enter the "reservation (booking) reference number" you must have received from the sellerĤ- Enter the One Time Password that you received on your email/mobile phoneĦ- Display the "property details" which will contain reservation (booking) details and owner details. You can check the status of your order through My Orders Please note the “booking reference number” as it will be required to proceed. Select "Sell a property" from the given menuĥ- Check your ownership percentage and click Continue to proceedĦ- Follow the explanation of the steps required to proceedħ- Add the required photos related to the propertyĨ- Enter the bank account details where the amount will be transferred to the said bankĩ- Enter the purchaser's information either by entering the UAE ID or passport and click sendġ0- Your application has now been created successfully. Sale of a property - the seller's workflowġ- Open Dubai REST app and select "Settings" from the bottom tab or the profile icon on the right top to log inĢ- Select your role as “Individual” and verify by selecting one option where an OTP will be sent to the registered email/mobile numberģ- From the real estate portfolio, select a property you want to sellĤ- View the property details and click on the three dots icon at the right bottom. ![]() Step V: The outputs are delivered to the customer via e-mail Step IV: A customer will pay the fees and receive a payment receipt ![]() Step III: The transaction details will be entered into the system by an employee and shall be audited (all required documents are uploaded via the digital safe/ treasury) Step II: A customer submits the required documents to an employee to ensure that no documents are missing. practical terms that protect parties from future disputes.Step I: A customer will move to a service center - Real Estate Registration Trustees Centers.appropriate legal provisions - warranties, exclusions, indemnities, etc.very flexible to suit the requirements of either or both parties.Who will use this document?Īny business or individual – holding clear title, finalizing full and final settlement of a sale of property though prior to getting the rights of executing transfer of title, which are subject to certain conditions of the allotting authority or time restrained Application and features With very small changes the document can be altered to use in completely different circumstances such as for residential properties. There are no specific legal provisions that govern a legal document of this nature you still have the liberty to make alterations and additions that exactly suit your situation or the case. The format is fit to be used to address peculiar situations where mostly commercial properties are sold by allottees before they get the rights or become entitled to transfer titles in the names of the purchasers, subject to certain conditions of the allotting authorities. Use this template to create a Memorandum of Understanding between any two parties one of whom is the allottee / owner of a property and the other has agreed to buy the property pending formalities of transfer of title and permissions from appropriate authorities. ![]()
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