{"id":13958,"date":"2023-08-29T07:53:36","date_gmt":"2023-08-29T07:53:36","guid":{"rendered":"https:\/\/www.squareyards.ae\/blog\/?p=13958"},"modified":"2024-08-21T03:17:58","modified_gmt":"2024-08-21T03:17:58","slug":"sales-and-purchase-agreement-regart","status":"publish","type":"post","link":"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart","title":{"rendered":"Register Your Sales and Purchase Agreement with DLD in UAE"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The real estate sector in Dubai is renowned worldwide for its several investment opportunities. However, investing in property in Dubai isn&#8217;t a walk in the park. The government has implemented several regulations to standardise the growing demand. One such regulation is the Sales and Purchase Agreement (SPA). <\/span><span style=\"font-weight: 400;\">The SPA is a legal document that confirms the sale of a property between the buyer and the seller. Its primary function is to protect the rights of both parties involved and clear any confusion. The property seller is responsible for acquiring the SPA document signed by the buyer and registering it with the <a href=\"https:\/\/www.squareyards.ae\/blog\/dubai-land-department-govart\">Dubai Land Department<\/a> (DLD) to legitimise the purchase. <\/span><span style=\"font-weight: 400;\">This blog post will lead you through the important stages of registering your SPA with the DLD and provide helpful tips for a hassle-free legal procedure.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-6a03ba199aa03\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-6a03ba199aa03\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Understanding_Sales_and_Purchase_Agreement_SPA\" title=\"Understanding Sales and Purchase Agreement (SPA)\">Understanding Sales and Purchase Agreement (SPA)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Registration_Process_for_Sales_Purchase_Agreement_with_DLD\" title=\"Registration Process for Sales &amp; Purchase Agreement with DLD\">Registration Process for Sales &amp; Purchase Agreement with DLD<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Registration_Procedure\" title=\"Registration Procedure\">Registration Procedure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Documentation\" title=\"Documentation\">Documentation<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#For_Individuals\" title=\"For Individuals\">For Individuals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Individual_Foundation_Companies\" title=\"Individual Foundation Companies:\">Individual Foundation Companies:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Limited_Liability_Companies\" title=\"Limited Liability Companies\">Limited Liability Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Companies_Running_Outside_UAE\" title=\"Companies Running Outside UAE\">Companies Running Outside UAE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Companies_Located_in_GCC\" title=\"Companies Located in GCC\">Companies Located in GCC<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Registration_Cost_for_SPA_with_DLD\" title=\"Registration Cost for SPA with DLD\">Registration Cost for SPA with DLD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Terms_and_Conditions_for_SPA_Registration\" title=\"Terms and Conditions for SPA Registration\">Terms and Conditions for SPA Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.squareyards.ae\/blog\/sales-and-purchase-agreement-regart\/#Benefits_of_Registering_SPA_with_DLD\" title=\"Benefits of Registering SPA with DLD\">Benefits of Registering SPA with DLD<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Understanding_Sales_and_Purchase_Agreement_SPA\"><\/span><span style=\"font-weight: 400;\">Understanding Sales and Purchase Agreement (SPA)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-13965\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Understanding-Sales-and-Purchase-Agreement-SPA-1024x576.jpg\" alt=\"Understanding Sales and Purchase Agreement (SPA)\" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Understanding-Sales-and-Purchase-Agreement-SPA-1024x576.jpg 1024w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Understanding-Sales-and-Purchase-Agreement-SPA-300x169.jpg 300w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Understanding-Sales-and-Purchase-Agreement-SPA-768x432.jpg 768w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Understanding-Sales-and-Purchase-Agreement-SPA.jpg 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For an agreement to occur, the buyer and seller must first discuss and agree upon the price and the terms and conditions of buying a property. The SPA provides a negotiation process guideline and is often used while purchasing and selling a property. <\/span><span style=\"font-weight: 400;\">Once signed, the purchase and sales agreement becomes a legally binding document for both parties and is usually facilitated by an authority. Additionally, the agreement records when the final deal is scheduled.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Registration_Process_for_Sales_Purchase_Agreement_with_DLD\"><\/span><span style=\"font-weight: 400;\">Registration Process for Sales &amp; Purchase Agreement with DLD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">A quick and low-cost solution to protect your real estate investment is to register your SPA with the DLD. All buyers and sellers should follow this procedure to ensure their transaction goes well without complications. A signed Sales &amp; Purchase Agreement (SPA) is evidence in court that you have legally purchased a property. It is, therefore, one of the most important pieces of paperwork for both parties while buying or selling a property.\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Registration_Procedure\"><\/span><span style=\"font-weight: 400;\">Registration Procedure<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Registering a Sales &amp; Purchase Agreement (SPA) with the Dubai Land Department (DLD) involves several steps:\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"font-weight: 400;\">Access the OQOOD Portal and use the &#8216;Initial Sale Agreement Registration Service&#8217; option.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Select the category labelled as \u2018Property\u2019, provide all the mandatory details, then upload any necessary documents, and choose your preferred \u2018Payment Method\u2019.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Once the payment is made, please ensure that the application is completed and submitted.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The buyer will receive a document over their email confirming that their transaction is successful.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Now that we are familiar with registering SPA with DLD let us focus on the necessary documents for completing the registration.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Documentation\"><\/span><span style=\"font-weight: 400;\">Documentation<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Depending on the entity type, individuals and companies must provide DLD with different documents.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Individuals\"><\/span><span style=\"font-weight: 400;\">For Individuals<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Original and a photocopy of the signed Sales &amp; Purchase Agreement document<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the seller&#8217;s Emirates ID or passport<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the buyer&#8217;s Emirates ID or passport<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Individual_Foundation_Companies\"><\/span><span style=\"font-weight: 400;\">Individual Foundation Companies:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the Commercial Licence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of Emirates ID\/Passport belonging to the licence holder<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Power of Attorney (if required)<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Limited_Liability_Companies\"><\/span><span style=\"font-weight: 400;\">Limited Liability Companies<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the Commercial Licence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of Emirates ID\/Passport belonging to the licence holder<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Power of Attorney (if required)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of Company\u2019s articles of association and its appendices translated into Arabic<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the shareholder\u2019s certificate<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Companies_Running_Outside_UAE\"><\/span><span style=\"font-weight: 400;\">Companies Running Outside UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the Commercial Licence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of Emirates ID\/Passport belonging to the licence holder<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Power of Attorney<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the Company\u2019s articles of association and its appendices translated into Arabic<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A certificate issued by the Ministry of Foreign Affairs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the certificate of shareholders<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you plan to purchase a property, you will need to acquire a letter of no objection from the free zone<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Companies_Located_in_GCC\"><\/span><span style=\"font-weight: 400;\">Companies Located in GCC<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the Commercial Licence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photocopy of National ID or passport of the licence holder<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A power of attorney, if necessary<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the company&#8217;s articles of incorporation and its appendices which should be in Arabic<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Certificate from the Ministry of Foreign Affairs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the shareholders\u2019 certificate<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><strong>Note<\/strong> &#8211; When you&#8217;re registering a SPA with DLD, there are some important points to keep in mind:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For the agreement to be valid, the signatures of both parties are mandatory.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The SPA document should be in Arabic.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is mandatory to have a lawyer&#8217;s stamp on the SPA document.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The contract must be registered within 90 days.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Registration_Cost_for_SPA_with_DLD\"><\/span><span style=\"font-weight: 400;\">Registration Cost for SPA with DLD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13966 size-large\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Registration-Cost-for-SPA-with-DLD-1024x444.jpg\" alt=\"Registration Cost for SPA with DLD in Dubai\" width=\"1024\" height=\"444\" srcset=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Registration-Cost-for-SPA-with-DLD-1024x444.jpg 1024w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Registration-Cost-for-SPA-with-DLD-300x130.jpg 300w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Registration-Cost-for-SPA-with-DLD-768x333.jpg 768w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2023\/08\/Registration-Cost-for-SPA-with-DLD.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To register a SPA with DLD, both parties must pay a specific amount.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The buyer will levy 2% on the overall sales value.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2% will be levied by the seller based on the overall sales value.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A fee of AED 10 for knowledge will be charged on every value.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A mandatory innovation fee of AED 10 will be charged on each value<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Self-registration fees of AED 1000 will be charged in commencing sales<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">However, the exact amount varies depending on different factors, such as property value and property type. The current fee structure is mentioned on the DLD <\/span><span style=\"font-weight: 400;\">website<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Terms_and_Conditions_for_SPA_Registration\"><\/span><span style=\"font-weight: 400;\">Terms and Conditions for SPA Registration<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To register for SPA, please keep the following terms and conditions in mind:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Signatures of both parties are required to legalise the purchase.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registering the agreement within 90 days of signing the contract is mandatory.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the purchaser is underage, their legal guardian should sign the document on their behalf, and a copy of their ID or passport should be attached.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A letter from the Federal Authority for Identity and Citizenship should be attached if the purchaser is a decree-holder<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A company not in UAE should first register with either the Dubai Multi Commodities Centre Authority (DMCC) or the Jebel Ali Free Zone Authority (JAFZA).<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The process of registering an SPA with DLD involves several steps. This is done to ensure that the rights of both the buyers and sellers are protected. Dubai&#8217;s real estate market is a secure and hassle-free investment option if SPA is linked with DLD.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Benefits_of_Registering_SPA_with_DLD\"><\/span><span style=\"font-weight: 400;\">Benefits of Registering SPA with DLD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Registering your SPA with the Dubai Land Department (DLD) has numerous benefits. Some of them are &#8211;<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A SPA becomes a public record matter once registered with the DLD. Both parties will have a legal resort even if one breaches the contract.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registering your SPA with DLD will help you save money. The registration fee for a SPA is relatively low. However, if you do not register your SPA, you must go through the legal process to regularise the contract, which could be heavy on your pocket.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The funding process is made easy. Registered SPA buyers are more likely to receive funds from reliable banks and lenders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registering your SPA with DLD increases the value of your property. A registered SPA property provides buyers more confidence to legalise the property and avoid fraudulent disputes and crimes. It can also lead to a higher selling price.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Conclusion<\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To guarantee the validity of your property in the UAE, it is important to register a SPA with the DLD. By following the guidelines in this blog, you can better understand the process and ensure adherence to the regulations created by the DLD. Remember that the real estate sector is constantly changing, so it is wise to consult legal professionals and official sources to stay informed about the most recent procedures and requirements.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>Recommended for you :<\/strong><\/p>\n<table style=\"width: 99.2718%; height: 229px;\">\n<tbody>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Process of Musataha Agreement in Abu Dhabi<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/musataha-agreement-in-abu-dhabi-misart\"><b>Musataha Agreement in Abu Dhabi<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Apply For Housing Construction Grant In Dubai<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/housing-construction-grant-in-dubai-regart\"><b>Housing Construction Grant In Dubai<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Future of Dubai Rest App<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/dubai-rest-app-govart\"><b>Dubai Rest App<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Know About Future of Real Estate in Dubai<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/the-future-of-real-estate-in-dubai-reart\"><b>Future of Real Estate in Dubai<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Apply For Housing Land in Dubai<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/housing-land-in-dubai-regart\"><b>Housing Land in Dubai<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 55.4479%;\">\n<p><b>Gifted Property in Dubai<\/b><\/p>\n<\/td>\n<td style=\"width: 43.5835%;\">\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/gifted-property-in-dubai-regart\"><b>Gifted Property in Dubai<\/b><\/a><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate sector in Dubai is renowned worldwide for its several investment opportunities. However, investing in property in Dubai isn&#8217;t a walk in the park. The government has implemented several regulations to standardise the growing demand. One such regulation is the Sales and Purchase Agreement (SPA). The SPA is a legal document that confirms [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":13961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60,76,75,59],"class_list":["post-13958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dubai","category-real-estate-guide","category-real-estate-news","category-uae","gd-sellers-guide"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/13958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/comments?post=13958"}],"version-history":[{"count":10,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/13958\/revisions"}],"predecessor-version":[{"id":70914,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/13958\/revisions\/70914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media\/13961"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media?parent=13958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/categories?post=13958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}