Ejarah is an Islamic financing model that allows buyers to lease a property with the option to own it later. It ensures transparency, regulatory compliance, and provides a secure path to ownership while following Shariah principles.
Lease to own – Ejarah
Lease-to-Own (Ejarah)
Lease
-to-Own (Ejarah)
Overview
For properties under Islamic financing, Ejarah lease-to-own contracts are registered with the Dubai Land Department to ensure transparency, accuracy, and full compliance with regulations.
Fees
- Dubai Land Department Fees (Manager’s Cheque to “Dubai Land Department” / Credit Card / ePay):
- Flat/Villa: 4% of property value + AED 580
- Land: 4% of property value + AED 430 + 0.25% of Ejarah value + AED 20
Registration Fees (Credit Card or Cash)
- Below AED 500,000 = AED 2,100
- AED 500,000 and above = AED 4,200
Required Documents
- Original Certificate of Ownership (Title Deed)
- No Objection Certificate (NOC) – Original/Electronic copy from the developer
- Letter from the bank
- Original/Electronic copy of NOC from the developer
- Unified sales contract from Dubai REST application (if broker is involved or MOA/contract if not)
- Emirates ID (buyer, seller, or POA)
- Passport copy with entry stamp (if non-resident)
- Original power of attorney in Arabic (if applicable; must mention mortgaging of properties, buying, selling, or transferring the properties)
Important Notes
- POA issued in Dubai court has no expiry.
- POA issued outside UAE: valid for 2 years (selling) / 5 years (buying).
- All signatories must present original Passport, Visa, and Emirates ID.
- Fees and requirements may change as per DLD regulations.
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WORK PROCESS
Benefits of Lease-to-Own (Ejarah)
