Companies and individuals may submit a request online to the Real Estate Registration Department at the Ministry of Justice (MOJ) to mortgage a real estate unit, which entails an organized legal agreement between two parties to mortgage real estate unit in return for a defined amount of money that is paid by the mortgagor to the mortgagee following the approval of the competent entity.
Fees will be calculated as a quarter per thousand of the debt value, or a quarter per thousand of the property value, whichever is less, in addition to QR200 for bond fees and QR100 for scheme fees.