Car Ownership and Registration in Dubai
If you’re considering purchasing a new car, you may be wondering how to transfer your car ownership and registration in Dubai. If so, this article will give you the inside scoop. You can pay your fines through the Road and Transport Authority’s app, or you can do it in person by visiting the relevant office. Moreover, the RTA app makes it easy to check the status of your car, and you can also pay your fines through the app.
To transfer ownership and registration of your car in the UAE, you need to pay the required fee to the appropriate authority. In the case of a light vehicle, this amount is AED 400. In addition to the fee, a $20 innovation or knowledge fee is applied. Ensure that you are physically present at the time of the transfer, or have an authorized legal representative represent you. A power of attorney is necessary.
Once the transfer has been approved, the new owner will need to pay any fines owed by the previous owner. They will also need to pay the transfer fee to the new owner. After the transfer fee, a new registration card will be issued with the new owner’s name. The process is typically quite simple, and the new owner will need to send the new registration card to their finance company and insurance company.
How to Transfer Your Car Ownership and Registration in Dubai
Before the transfer of ownership can begin, the previous owner of the car must have a final payment certificate from the bank. Before the transfer of ownership can proceed, the previous owner must also clear any outstanding loan. The loan must be paid in full and the transfer of ownership requires a release letter from the bank. If the previous owner still has a loan on the car, they must present a release letter from the bank or no objection certificate.
How Much Does Mulikiya Transfer Cost
Once the transfer of ownership and registration is complete, the new owner will need to pay the transfer fee, which is usually four hundred dirhams for light vehicles. A 20 AED knowledge/innovation fee is also applied when the transfer of ownership takes place. Then, the vehicle will need to be taken to a Dubai Traffic Police HQ or a RTA licensing center. The current owner will fill out a vehicle permit application form and submit all documents at the registration desk.
how to transfer car ownership in dubai
You can also opt to buy a pre-owned car in Dubai to save money on the transaction. Transferring your car ownership and registration in the UAE is easy and quick. Depending on the circumstances, the procedure can take as little as a day. You should bring all documents, both parties, and have all of your relevant documents ready. In addition to transferring your car ownership, you must clear any traffic fines or salik. If you have an expired traffic ticket, you can clear it through the police station or online.
When transferring car ownership in the UAE, you should make sure you have insurance in place for the new owner and have it registered in the new emirate. It is also important to update your insurance policy, as the old one may have expired. Remember to bring your car’s registration paperwork with you to the transfer. The entire process is simple, but remember to keep in mind the driving rules in the UAE.