Congratulations! You are at the final stage of buying or selling your car.
Here are the 5 steps you need to follow to complete the sale and registration of your car.
These instructions are for the following conditions:
Seller: You are a resident or citizen of the UAE with a privately owned car.
Buyer: You are a resident of Dubai or a citizen of UAE who wishes to register the car in their name.
Vehicle status: The car is in the seller’s name with valid registration in Dubai. The car also has a mortgage (also referred to as a bank loan) as indicated on the bottom of the vehicle registration.
Step 1: Sign the vehicle sales agreement
NoLemons will send both parties an online vehicle sales agreement to your provided email address. The agreement contains all IDs, buyer and seller personal information, vehicle registration details and the agreed upon payment method (bank transfer, bank branch visit, or cash).
Step 2: Visit the seller’s bank
The seller and buyer visit a bank branch to pay the mortgage (loan) balance and release the vehicle. The bank is integrated with the RTA. As such the mortgage removal will be updated and removed on the RTA system electronically. We recommend visiting a mutually convenient branch in the morning.
In some cases the seller may not have the funds immediately available to clear the mortgage. In this case, the seller may ask the buyer to pay the outstanding loan balance to release the vehicle without delay. Rest assured any payments made by the buyer to the bank will be deducted from the balance (agreed sale price) owed. Please keep receipts of any payment(s) to the bank.
In this case the buyer can choose to keep the license plates as collateral once the vehicle is re-parked in a secure location. Typically we recommend the vehicle is parked at the seller’s home or parking garage.
Note on Step 2: Please keep in mind if the buyer decides to keep the license plates the vehicle will need to be transported. NoLemons can arrange for a recovery truck. At this point the car should not be driven on public roads except to load/unload the vehicle.
Step 3: Wait for loan release to be processed
A SMS and/or email will be sent by the bank and the RTA to the seller that the car is now released. The bank branch will inform you of the expected timeline.
You can also call the bank customer service and RTA (800 9090) to follow up. Timelines will vary by bank but typically take at least 3 to 4 working days.
Step 4: Buy car insurance
The buyer must have a valid insurance policy before registering the car in their name. Insurance is also available at most RTA centers but it is generally cheaper and faster if you buy it ahead of time. NoLemons can connect you with several providers of third party or comprehensive (full) insurance at the lowest rates.
Step 5: Meet at RTA
The buyer and seller meet at a nearby RTA center with the vehicle during working hours to complete the transfer. Please bring original Emirates IDs, vehicle registration card and the license plates (front and back).
Note: For clarification the vehicle transfer fees are to be paid by the buyer. Traffic fines and any unresolved traffic matters are the sole responsibility of the seller.
Information and exact RTA fees can be found on the links below:
Transfer & Registration in Dubai: Apply for Changing a Vehicle Ownership
Transfer & Registration to Another Emirate: Vehicle Transfer from Dubai to Another Emirate
All done? Send us a pic of your new ride!
Please reach out if you need anything else.