Once a property owner has fully repaid their secured debt, they must officially discharge the mortgage to clear the title deed. The Land Department charges a fee of AED 1,000 for the service of discharging a mortgage. This fee ensures that the Real…
Once a property owner has fully repaid their secured debt, they must officially discharge the mortgage to clear the title deed. The Land Department charges a fee of AED 1,000 for the service of discharging a mortgage. This fee ensures that the Real Property Register is updated and that the mortgage entry is removed from the unit's folio. Completing this process is essential for an owner to have a "clean" title for future sales or dispositions.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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