BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.402270
One Week |
3.663390
One Month |
3.646090
Three Months |
3.647360
Six Months |
3.499250
TWELVE MONTHS |
3.649140
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.402270
One Week |
3.663390
One Month |
3.646090
Three Months |
3.647360
Six Months |
3.499250
TWELVE MONTHS |
3.649140
Mortgage smart definitions

Conveyance/Conveyancer

Conveyance is the legal process of transferring ownership of a property from the seller to the buyer. This process is regulated by the Dubai Land Department (DLD) and involves preparing, verifying, and registering of official documents to ensure the title is valid and free from any outstanding obligations or restrictions. Key documents typically include Form F (the Memorandum of Understanding), a No Objection Certificate (NOC) from the property developer, and the original title deed.

A conveyancer, often appointed by the real estate agency or the developer, is responsible for overseeing and managing the entire transfer process. This includes coordinating with the buyer, seller, banks, DLD trustee offices, and developers to ensure that all steps are completed correctly and on time. The conveyancer ensures that all administrative and legal requirements are met, particularly in transactions involving bank financing, where multiple parties and approvals are involved.

Best Mortgage Rates in UAE

Updated Daily
Employed Resident
Best Mortgage Rate
3.78%
Fixed for 2 years
Thereafter
1.89% + 6M EIBOR with a minimum floor rate of 3.24%
Property Insurance - 0.06% p.a.
Life Insurance - 0.035% p.m
For more info
Contact on whatsapp
Employed Non Resident
Best Mortgage Rate
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
For more info
Contact on whatsapp
Self Employed Resident
Best Mortgage Rate
3.99%
Fixed for 2 years
Thereafter
1.29% + 3M EIBOR
Property Insurance - 0.035% p.a.
Life Insurance - 0% p.m
For more info
Contact on whatsapp
Self Employed Non Resident
Best Mortgage Rate
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
For more info
Contact on whatsapp

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