What extra expenses need to be taken into account when purchasing real estate in Dubai?

What extra expenses need to be taken into account when purchasing real estate in Dubai?

What extra expenses need to be taken into account when purchasing real estate in Dubai?

Buyers should factor in the following expenses in addition to the buying price:

  • 4% of the property value is the Dubai Land Department (DLD) fee.
  • Usually 2% of the buying price is the real estate agent fee.
  • 0.25% of the loan amount (if applicable) is the mortgage registration fee.
  • Fees for Property Maintenance: Ongoing expenses for maintaining a property.