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The Mortgage Cancellation Letter is a vital document in UAE real estate transactions, required when a property owner has fully satisfied their mortgage obligations. It is issued by the lending institution in compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws. This document serves multiple purposes: it confirms the full settlement of the mortgage, authorizes the Land Department to remove the mortgage from their records, and enables the property owner to prove their unencumbered ownership. The letter must contain specific details about the property, the original mortgage, and clear authorization for cancellation, making it acceptable to UAE land departments and property registration authorities.

1. Bank/Financial Institution Details: Full name, address, and reference number of the lending institution

2. Date and Reference: Current date and all relevant reference numbers including the original mortgage reference

3. Addressee Details: Land Department details and property owner's full name and address

4. Property Identification: Complete legal description of the mortgaged property including title deed number and property registration details

5. Mortgage Details: Original mortgage amount, date of creation, and mortgage registration number

6. Confirmation of Payment: Clear statement confirming full settlement of the mortgage

7. Cancellation Declaration: Formal declaration requesting cancellation of the mortgage from property records

8. Authorization: Statement authorizing the Land Department to remove the mortgage from their records