Fees involved in purchase of a property in Dubai

When buying off-plan properties:
  • Booking deposit around AED 5,000-37,000, depending on the property value; the deposit is adjusted towards the 1st installment for the property.
  • Installments are usually 5% to 10% of the property value paid every three months; convenient post-handover plans are often available.
  • OQOOD (interim title) registration fee: 4% from the property purchase value + AED 3000 admin fees.
When buying on the secondary market:
  • Broker’s commission varies between 2% to 5% (plus VAT) of the purchase price.
  • A no objection certificate from the developer can be anything between 500 and 10,000 AED plus VAT.
  • Registration Trustee fee is 4,000 AED plus VAT for properties valued over 500,000 AED, and 2,000 AED plus VAT for properties below 500,000 AED.
  • Transfer fee is 4% of the purchase price.
  • Mortgage registration fee (if applicable) is 0,25% of the registered loan amount.
  • Title deed issuance is 580 AED.
  • There may be additional payments associated with the service charge and utility payments for the properties.
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