What is a DLD waiver in Dubai?

DLD waiver in Dubai refers to the exemption or reduction of certain fees or charges imposed by the Dubai Land Department (DLD) for specific real estate transactions. The waiver aims to support the real estate sector in Dubai and promote investment in the emirate.

The DLD may offer various waivers, including the waiver of late payment penalties, reduction in registration fees for certain types of properties, and exemption from the property registration fee for first-time buyers. In some cases, the DLD may also offer a waiver on transfer fees or reduce the fee to encourage real estate transactions.

For instance, during the COVID-19 pandemic, the DLD announced several measures to support the real estate sector, including a 10% reduction in property registration fees and a waiver of the late payment penalties for up to three months.

It's important to note that the DLD waiver is not a permanent arrangement and may change depending on the economic conditions and policies of the government. Therefore, it's essential to keep up to date with the latest developments in the real estate sector and any announcements made by the DLD to take advantage of any available waivers.

The DLD is partnered with DXB Interact to bring valuable information to property buyers and sellers. See real-time transaction values and make smarter investing decisions with DXB Interact. 

Get free advice now