Both Low's representative and US prosecutors have agreed to the sale.
The transfer could happen as soon as next week, according to sources quoted by Bloomberg.
In its latest court filing, the agency does not name the keeper of the US$1.7m 1MDB-linked jewellery.
It's an unusual move as the DOJ tends to negotiate non-prosecution or deferred prosecution agreements.
US Justice Department claims these funds were diverted from 1MDB’s bond offering in 2013.
The shares are among three 1MDB-linked assets the US Justice Department is seeking to seize in latest filings.
Richard Malanjum says the department merely shared tips on handling cases they were well versed in.
It has among others, said the involvement of US prosecutors in the 1MDB probe had caused unnecessary tension to Americans.
Ex-DOJ worker among those implicated in Low's lobby campaign against the investigation.
George Higginbotham admits to making false statements over the transfer of foreign lobbying funds.
Incoming Democratic chair of US House of Representatives Judiciary Committee intends to probe president's impact on two agencies' integrity.
'It takes a little bit of time, but they have promised that they will give back the money.'
The premier says this when commenting on the US indicting the fugitive financier.
The matter was discussed in an online chat in 2014, between Jho Low and Goldman executive Tim Leissner.
This after Jho Low and several Goldman Sachs bankers were indicted by the US for alleged crimes in relation to 1MDB.
Najib names deputy prime minister of UAE as purchaser of the pink diamond and funder for Red Granite.
UPDATED 5.15PM | US court documents show a payment of US$21 million made by the company.
Low's legal team headed by governor Chris Christie has obtained a meeting with DOJ officials, it says.
The fugitive says his goal is to provide a 'balanced view' of allegations against him and 'the truth'.
Sources say the complexity of the scandal means it will take time to build an airtight case.
The US is looking at whether they are helping to pay Jho Low's legal fees and lodging costs.
They say the DOJ failed to provide details on its formal inquiry on what M'sia wants to do with the superyacht.
UPDATED 12.54PM | The fugitive tycoon through his PR firm accuses Malaysia of 'flat out' lying over possession of the Equanimity.