Lease to Own Transfer (Ejara to Own)
A Lease to Own Transfer updates a registered Ejara-to-Own arrangement when the financing relationship moves from the existing financing entity to a new one. The transaction preserves the registered lease-to-own structure while replacing the financing party and recording the revised Ejara amount and term. RAALC Real Estate Registration Agent coordinates the former financier’s no-objection letter, the new financier’s instructions, ownership records, and party documents before processing the transfer under the applicable Dubai Land Department procedure.
Service Overview
A registered lease-to-own contract may need to be transferred when another financing entity assumes the financing arrangement. Rather than removing the existing contract from the property record, the transfer replaces the former financing party with the new one and updates the registered details connected to the arrangement.
The transaction can apply to several forms of Ejara-to-Own registration, including a standard contract, a provisional lease arrangement, an arrangement involving a usufruct right, or a contract recorded within the provisional register. The transfer must follow the classification of the original registration so that the updated record remains consistent with the underlying property interest.
The former financing entity must provide a no-objection letter approving the transfer. The incoming financing entity must issue a letter stating the Ejara amount and the new commencement and expiry dates. Identification, ownership, corporate, and representation documents are then matched with the registered contract before the transaction proceeds.
Once completed, the property record reflects the new financing entity and the revised lease-to-own details. The transaction does not release the arrangement or transfer ownership of the property to the lessee.
Key Benefits
Our Process
Establish the Existing Registration
The current Ejara-to-Own entry, property interest, financing entity, and contract classification are identified from the registered property documents.
Match Both Financing Instructions
The former financier’s no-objection letter is reviewed alongside the incoming financier’s letter confirming the new Ejara amount and contract dates.
Complete the Party and Property File
Ownership records, identification documents, corporate papers, and valid representation authority are checked against the existing registration.
Record the New Financing Entity
The transfer is processed, after which the applicable title deed, usufruct title, statement certificate, provisional registration certificate, map, or updated electronic record is issued.
Frequently Asked Questions
The registered financing relationship under the Ejara-to-Own contract is transferred from the former financing entity to the new financing entity. The property itself is not transferred to a new owner through this transaction.
Yes. A no-objection letter from the former financing entity is required to confirm that it approves the transfer of the registered lease-to-own arrangement.
The incoming financing entity must issue a letter stating the Ejara amount and the applicable start and end dates. These details are used to update the registered arrangement.
A change in financing may be associated with refinancing, but the DLD transaction itself concerns the transfer of the registered Ejara-to-Own arrangement to the new financing entity.
Yes. The service includes eligible provisional lease contracts and lease-to-own arrangements recorded within the provisional registration system, subject to the original registration type.
Yes. A registered Ejara-to-Own arrangement involving a usufruct right may be transferred when the financing letters and property records support the transaction.
No. The registered arrangement continues under the new financing entity. Removing the registered interest requires a separate Lease to Own Release transaction.
No. The transaction changes the financing entity recorded against the lease-to-own arrangement. It does not complete the final ownership transfer to the lessee.
