Protect Your Property Assets with Our Cost-Effective Property Gifting Services in Dubai
Transferring ownership of real estate from one person to another, without receiving anything of equal value in return, is known as gifting property.
If you would like to transfer part or all of your property ownership to a relative, you may benefit from our Property Gifting services. Discover a more cost effective and easier way to protect your property assets. It’s possible to do this without paying the full transfer fees to the Dubai Land Department.
Property gifting or donation of a property or part of the shares in a property is also known as “Hiba” in Arabic. Government fees are significantly less for property gifting to family members than the fees applied in a sale transfer.
The Dubai Land Department transfer fee for property gifting 0.125%
The property sale-purchase transfer fee 4%
We can represent both the grantor and or grantee of the gift and take care of the entire process.
OUR SERVICES
Gifting property to children
- Gifting property to parents
- Gifting property between husband and wife
- Gifting property to a company (or vice versa)
Once appointed as your Power of Attorney, our team can help with the following services:
- Deal with and secure authority approvals
- Apply for prerequisite documents: Affections Plans, Value Estimation Certificates, Site Plans
- Facilitate payment fees eg. Land department, facilities management and developer
- Ensure all taxes, fees and costs are correctly calculated
- Attest relevant documents to establish a kinship between the donor and the receiver
- Prepare No Objection Certificates from developers and facilities management companies
- Transfer utilities (du, Etisalat, DEWA, District Cooling companies)
- Represent client before the Land Department at the final transfer of ownership
- Obtain new title deed after the gift transfer
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