Transferring car ownership in Dubai is crucial process for both buyers and sellers. if you are selling your car or purchasing used car for you in this bustling emirate, it can be little tricky if you doing it for the first time form clearing all your old fines to getting the right insurance for your new car to collecting the old number plate and Mulika and handing them over to RTA. understanding the procedures involved in transferring ownership is essential to ensure smooth and legal and easy transaction for your car in UAE, and for that let us find you and guide you step by step guide on how to transfer car ownership in Dubai.
Before initiating the transfer process, you need to make sure you have all the necessary documents ready. These typically include:
1. Emirates ID or passport of both the buyer and the seller.
2. Original car registration card (Mulkiya) in the seller name.
3. Vehicle test certificate if the vehicle is more than three years old.
4. Valid UAE driver license from the buyer.
5. No Objection Certificate NOC from the seller bank if the vehicle is under bank loan.
6. Sale agreement duly signed by both parties.
If the vehicle is still under loan, the seller must settle the outstanding amount with the bank and obtain No Objection Certificate NOC. This NOC is required to prove that there are no financial encumbrances on the vehicle. Without it the transfer process cannot proceed, Before the transfer both parties should physically inspect the vehicle to ensure it is in the condition as described in the sale agreement. Any discrepancies should be addressed and resolved before proceeding with the transfer.
Both the buyer and the seller should visit the nearest RTA customer happiness center with the required documents. Here is what you need to do at the RTA:
1. Fill out the Vehicle Transfer Application form.
2. Submit all necessary documents, including the signed sale agreement and NOC if applicabl).
3. Pay the required fees, including the transfer fee, which is typically percentage of the vehicle value, Once all the documentation is submitted and fees paid, the RTA will process the transfer. The vehicle registration card Mulkiya will be updated with the new owner name, and the seller will receive copy of the new registration card as proof of the transfer, Both the buyer and the seller should notify their respective insurance companies about the ownership transfer. The seller should cancel their insurance policy, while the buyer should purchase new policy for the vehicle, After completing the transfer process, both parties should ensure that the payment is finalized as per the terms outlined in the sale agreement.
Transferring car ownership in Dubai involves several steps and the submission of specific documents to the RTA. It is essential to ensure that all legal requirements are met to prevent any issues in the future. By following this comprehensive guide, buyers and sellers can navigate the process smoothly and legally, making the transfer of car ownership in Dubai hassle free experience.