Owner Update

Property donation or property donation (also called "hiba" in Arabic) is the voluntary and unconditional transfer of real estate to your family or your business. The cost of the government to donate property to family members is significantly lower than that of property gifts. For example, the Dubai Land Department’s commission for property donations is 0.125%, while the commission for property transfer at the time of sale is 4%. First class family with children, parents and spouse. In addition, property can be donated by one person to your company (and vice versa).
At first glance, the process of donating property may seem like a simple task, but it is a complex process involving many steps that must be followed.

We specialize in property gifting services and offer professional assistance for:

• Gifting Property to Children
• Gifting Property to Parents
• Gifting Property Between Husband and Wife
• Gifting Property to Company (or vice versa)

Our property gift transfer services include:

• Dealing with and getting all necessary approvals from authorities;
• Applying for all prerequisite documents such as Affections Plans, Value Estimation Certificates, Site Plans, etc.;
• Facilitating payments of various fees, e.g. to the land department, facilities management, developer;
• Ensuring that all taxes, fees and costs are correctly calculated;
• Attestation of relevant documents to establish a kinship between the donor and the receiver;
• Getting all necessary no objection certificates from developers and facilities management companies;
• Transferring utilities (water, electricity, gas and air cooling);
• Representation before the Land Department at final transfer of ownership;
• Obtaining a new title deed after the gift transfer;

Thus gifting property to family members involves complex tasks and could take up a month time to complete it.