EPISODE 16
The Conveyance Desk by The Conveyance Desk
Episode notes
Welcome back to The Conveyance Desk.
In Episode 15, we covered off-plan resale. Today we're looking at Hiba transfers—the transfer of property ownership by gift between eligible family members.
A Hiba transfer allows ownership to move from one person to another without any sale price being paid. The donor gives up ownership, the donee receives ownership, and a new title deed is issued by the Dubai Land Department (DLD).
The key benefit is the reduced DLD transfer fee of 0.125% of the assessed property value (minimum AED 2,000), compared with the standard 4% transfer fee on a sale.
Who Qualifies?
Hiba is generally available between:
- Parent and child
- Child and parent
- Husband and wife
Proof of relationship is mandatory and may require attestation a ...
Keywords
Hiba Transfer DubaiProperty Gift Transfer DubaiFamily Property Transfer UAEDubai Hiba ProcessDLD Hiba TransferGifting Property in DubaiProperty Transfer Between Family MembersDubai Property Gift DeedHiba Transfer Fee DubaiFamily Property Ownership Transfer
What place this episode is about
Administrative
Where this episode is made
Administrative