Mortgage on development modification by registering modification on (increasing or decreasing of duration) in the mortgage contract based on the letter of the financing entity.

documents Required Documents

  • Original Title Deed
  • Original mortgage contract
  • The bank letter stating the new duration with presence of the authorized signatory of the bank
  • Presence of the owner to sign

standard fees Standard Fees

– Innovation Dirham Fees: Dhs. 30
– 1000 Dirham mortgage modification fee
– 10 Dirham knowledge fee for each fee

standard fees Service Fees

– Free of Charge