What are the essential fees needed to purchase a property in Dubai?
Breakdown of Fees When Buying Property in Dubai:
- DLD Fees (Dubai Land Department Fees): 4% of the property price plus, an admin fee:
- AED580 for apartments and offices
- AED40 for off-plan properties
- AED430 for land
- Registration Fees:
- Ready properties above AED500,000: AED4,200
- Ready properties less than AED500,000: AED2,100
- Off-plan properties above AED500,000: AED5,250
- Off-plan properties less than AED500,000: AED3,675
- Mortgage Registration Fees (Dubai Land Department):
- Up to 0.25% of the loan amount + a one-time fee of AED 290
- Property Service Charges: Charged per square foot, typically ranging from AED 3 to AED 30 or more.
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