Mortgage on Development Release - SEAL

MORTGAGE ON DEVELOPMENT RELEASE

Releasing mortgage of the leasing / Ejara contract based on the financing entity letter.

documents Required Documents

  • The original letter of the mortgaging entity requesting the mortgage release
  • Original mortgage contract (Does not require presence of the owner)

standard fees Standard Fees

– Innovation Dirham Fees: Dhs. 20
– 1000 Dirham mortgage release fee
– 10 Dirham knowledge fee for each fee

standard fees Service Fees

– Free of Charge