**Notice in regards to Jebel Ali Free Zone and UAE Corporate Tax Law**
Jebel Ali Free Zone and UAE Corporate Tax Law.
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Commercial Business Mortgage

The Customer may mortgage the Company’s assets (real estate, commercial, shares) to obtain financing from a lender. The Customer has the option to amend, renew and release their Mortgage.

Process Steps

  1. Customers can log in to Dubai Trade Portal
  2. Navigate to “Registration” and select “Mortgage or Pledge- Approval.”
  3. Select ‘New Commercial Mortgage, ‘Change Commercial Mortgage,’ or ‘Cancellation of Mortgage – Commercial Mortgage’ to submit a request for the corresponding service required.

Documents Required

  • Amend Commercial Mortgage Application signed by the authorised signature (to be signed in Jafza).
  • Letter from Bank to be signed by Power of Attorney (POA) holder
  • Mortgage Facility Contract, including List of Machineries duly notarised by Dubai Court.
  • Power of Attorney from both Parties with the Company & the Bank notarised and attested Passport copy of Power of Attorney (POA) holders.
  • Original Commercial Mortgage Certificate.
  • Release of Commercial Business Mortgage Application must be signed before the Jafza Registrar.
  • Power of Attorney from both parties with the Company & the Bank notarised and attested Passport copy of Power of Attorney (POA) holder.
  • Original commercial mortgage certificate.
  • Request letter from the Bank duly signed by the Power of Attorney (POA) holders
  • Request letter from Company duly signed by Power of Attorney (POA) holders’ signatory

Fees

New

Mortgage CertificateAED 200
Commercial MortgagesAED 500
Specimen Signatures (each). AED 50

Amend

For issuing NOC letter to CourtAED 200
Mortgage feesAED 500
Commercial mortgage certificate feesAED 200
specimen signatures (each)AED 50

Cancellation

Release letter AED 200

Notes

The Registrar reserves the right to call for any extra documents if necessary.

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Processing Time

3-5 working days

Courier fee

  • AED 10 within the Free Zone
  • AED 20 outside the Free Zone

Access control

This service requires portal access on Dubai Trade by a company administrator

Need more information?

Visit Dubai Trade, our service arm to help resolve any question you may have regarding Jafza.

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