Mortgage transfer (deferred sale or Oqood)

How it works

1
Documents
You
2
Reviewed by MARIO E.G.S.H AI
MARIO E.G.S.H AI
3
Registered at trustee office
Runner at DLD
4
Title deed issued
DLD

Documents required

No-objection letter for the mortgage transfer from the previous bank
original
Letter from the new bank for registering the mortgage
original
Three mortgage contracts certified by the bank and signed by both parties
original
Electronic no-objection certificate (e-NOC) from the developer (requested through the Dubai REST app)
copy
Emirates ID of the owner (shown for identification only; no copy is taken) or a valid passport for non-resident foreigners
original
Legal power of attorney, if someone acts for a party
in some casesoriginalattestedlegal Arabic translationOnly if: Only when a representative attends; it must expressly cover this transaction on this property. A POA made abroad must be attested and legally translated into Arabic.
If a party is a company: trade licence (with the partners page), memorandum of association with annexes (MOFA-attested with Arabic translation), job-title certificate of the signatory, and a POA or notarised board resolution
in some casesoriginalattestedlegal Arabic translationOnly if: Only when the owner or buyer is a company. A company that is not yet registered in the DLD system must first be registered (separate company-registration service).

Conditions, time and validity

The previous bank must issue its no-objection (liability) letter and the new bank must approve the loan first.

Processing time: DLD: 15-20 minutes once both banks' documents are ready.
Validity of the result: Until the new mortgage is released.
Where it is applied for: Real Estate Registration Trustee offices, or the bank itself through the DLD online mortgage system.

Steps at the authority

Client arranges the transfer with both banks and collects the letters and three certified contracts.
Our centre checks the file and submits it at a Real Estate Registration Trustee office; all documents are uploaded to the DLD digital vault.
The fees are paid (e-pay, Dubai Pay, Noqodi or a manager's cheque to DLD) and a receipt is issued.
DLD audits and registers the transaction; the updated title deed / certificate is sent by email.

Tips that save you a trip

Most banks handle the transfer online themselves; check with the new bank before booking a trustee visit.

Common reasons for rejection or delay

Old bank's no-objection letter missing or expired.
Developer e-NOC missing.

Questions and answers

Is the fee charged on the old or the new loan?

On the mortgage value being registered for the new bank (0.25%).

Checked by the MARIO E.G.S.H team on 2026-10-08. Rules can change at any time; our consultant confirms the details for your case.

Official sources

Legal basis

Dubai Law No. 14 of 2008 concerning Mortgages; Dubai Law No. 13 of 2008 regulating the Interim Real Property Register; Dubai Law No. 7 of 2006 concerning Real Property Registration