Request for registration of an initial usufruct
This service allows the developer to register a usufruct right (a long-term lease) for the beneficiary.
Step I: Login to Oqood portal and select provisional usufruct registration service
Step II: Filling in the details, attaching the documents, and selecting the payment method
Step III: Sending the application online
Step IV: Receipt of the output via an e-mail message sent to the beneficiary
Individuals
1- A copy of the sale and usufruct contract
2- A copy of a valid UAE ID
3- A copy of a valid passport for non-residents
Companies
(Individual (One person) establishment)
1- A copy of a valid trade license
2- A copy of the UAE ID or passport of the license holder
3- Power of attorney, if any
(Limited Liability Companies)
1- A copy of a valid trade license
2- A copy of the UAE ID or passport of the license holder
3- Power of attorney, if any
4- A copy of the translated company’s Memorandum of Association and the annexes thereof indicating the names of shareholders (legal translation into Arabic language)
5- A copy of the shareholder certificate
(An Foreign company)
1- A copy of a valid trade license
2- A copy of the national ID or passport of the license holder
3- Power of attorney, if any
4- A copy of the translated company’s Memorandum of Association and the annexes thereof, (legal translation into Arabic language) attested by the Ministry of Foreign Affairs
5- A no objection letter (NOC) from the free zones, in case of purchase contract, valid for one year.
6- A copy of the shareholder certificate.
(GCC company)
1- A copy of a valid trade license
2- A copy of the national ID or passport of the license holder
3- Power of attorney, if any
4- A copy of the translated company’s Memorandum of Association and the annexes thereof, (legal translation into Arabic language) attested by the Ministry of Foreign Affairs.
5- A copy of the shareholder certificate.
The owner: 2% of the rental value 2% of the rental value
AED 10 Knowledge fees
AED 10 Innovation fees
6 business days
1- The property shall be within the permitted areas
2- The commencement and expiry dates of the usufruct right shall be prescribed
3- The expiry date of the usufruct right of the sold unit shall be identical to the expiry date of the usufruct right over the land
The Land Department's website (Real Estate Developers Portal - Oqood)
usufruct registration e-certificate
Noqodi wallet
Deduction from the escrow account
Department of Economy and Tourism
Companies
