Financial Leases - SEAL

FINANCIAL LEASES

It is the registration of the contract that arises between the Property Owner and financing entity (bank) in order for the property owner to obtain a financing based on the guarantee of the land, where the owner waives the land to the bank, and re-rents the land according to the terms of the contract.

documents Required Documents

  1. The Original Title Deed
  2. A letter from the financing entity with the presence of a bank representative
  3. Presence of the owner

standard fees Standard Fees

– Innovation Dirham Fees: Dhs. 30
– 0.25% of the amount of financing
– Knowledge fee of Dhm 10 on each fee

standard fees Service Fees

– 4000 Dirham