A share of a Dubai home, with the owner still living in it.
We are designing a way for owners to sell a minority share of the home they live in while they stay in it. The share is registered with the Land Department and the owner pays an occupation payment on the part they sold. It is not live, and it will launch only after the regulators have approved how it works.
How it would work
An independent valuer sets the price
The share is sold at its part of an independent valuation. Either side can ask for a second one. Mulki does not set prices.
The share is registered on the title deed
The Land Department records the sale, so your ownership rests on the registry and not on a promise from a platform.
The owner pays for the part they sold
A monthly occupation payment on your share, set each year from an independent rental valuation. A bank collects it, and Mulki never holds the money.
Costs and value are shared by percentage
Service charges and major repairs are split by share. When the owner buys you out or the home is sold, you receive your share of its value then.
Where this stands
This is a proposal, and nothing here is available to buy. The first phase would be small: up to ten homes that their owners live in, completed and mortgage-free, funded by one professional investor. Every registered owner approves through UAE PASS, takes independent legal advice and sees the full cost before signing. Owners can see the numbers for their own home in the partial sale calculator. The terms will be settled with the Dubai Land Department and the other relevant regulators before any home is offered.
Questions
- Is my share recorded on the title deed?
- That is the design. The Land Department already registers partial sales, so your percentage would sit on the title deed next to the owner's. The first phase would have one professional investor funding every home in it.
- What would I earn?
- The owner pays a monthly occupation payment on the share you own, set each year from an independent valuation of what the home would rent for, with the Land Department's rent index as a check. You also carry your share of the service charge and of any change in the home's value. Values can fall, and we will never promise a return.
- How would I get my money back?
- After an initial period the owner can buy your share back at a fresh valuation. You can also sell your share to someone else, and the owner has the legal right to buy it first. If the home is sold, the proceeds are split by share. There is no automatic sale of the home at any point, so treat this as a long-term, illiquid holding.
- What if the owner misses payments?
- The owner sets aside six months of payments when the share is sold. After that come a formal notice, 30 days to catch up and an independent hardship review. Nobody is evicted and nothing is sold automatically. A remaining claim goes to the courts like any other debt.
- Why would an owner do this instead of taking a loan?
- There is no interest and no bank test, and some owners do not qualify for equity release at all, including many who live abroad. In return they share the home's future value with you, so when prices rise it costs them more than a loan would. Each owner sees their own costs under falling, flat and rising prices before signing.
- Can I invest today?
- No. Nothing is live and nothing on this page is an offer. We are collecting interest so we know who to speak to once the terms are approved.
Nothing on this page is an offer to sell, a solicitation to buy, or investment advice. No investment is available. Property values can fall, payments can be late, and a share of a home can be hard to sell. Any future offering will be made only on terms approved by the relevant regulators.
Interested in owning a share of a Dubai home? Tell us, and we will contact you once the terms are approved.
Register your interest