This service covers property purchases or sales where the buyer or seller is a company, including DMCC and Freezone entities.
Company-Owned Property
We manage property transactions involving corporate buyers or sellers, including LLC and Freezone entities such as DMCC companies. This includes reviewing company documents and resolutions, verifying powers of attorney, ensuring DLD compliance for corporate ownership, and coordinating the transfer at the Trustee Office providing a compliant and well-structured corporate conveyancing process.
Typical Timeline: 15–30 working days
Typical resale timeline: 2–6 weeks
This depends on:
👉 Cash deals are usually faster (2–3 weeks).
👉 Mortgage deals take longer (4–6+ weeks).
Bank delays are common and usually relate to:
Impact:
⚠️ Conveyancers and agents are not liable for bank delays, as banks are independent third parties.
NOC (No Objection Certificate) is required:
📌 Without a valid NOC, DLD will not process the transfer.
Validity is usually 30 days (varies by developer).
These are bank-critical documents in mortgage transactions:
🔹 OLL – Outstanding Liability Letter
🔹 FOL – Final Offer Letter
📌 Without OLL/FOL → no clearance → no transfer.
