To purchase a completed property in Dubai, in addition to the down payment, you will also need to pay up to 7% of the property’s value in various purchase costs and fees. Dubai property fees are considerably higher than in neighboring Abu Dhabi.
Upfront fees to buy a completed property in Dubai
| Fee type | Fee amount |
| Dubai Land Department fee | 4% of property purchase price, plus an AED 580 admin fee |
| Property registration fee | For properties below AED 500,000: AED 2,000, plus 5% VAT
For properties above AED 500,000: AED 4,000, plus 5% VAT |
| Real estate agency fee | Typically 2% of the property value, plus 5% VAT |
| Bank mortgage arrangement fee | Usually up to 1% of the loan amount, plus 5% VAT |
| Dubai Land Department mortgage registration fee | 0.25% of the loan amount, plus AED 290 |
| Property valuation fee | Ranges from AED 2,500 to AED 3,500, plus 5% VAT |
Off plan property fees
To purchase an off plan property, you will need to pay an Oqood (“contract”) fee, which is 4% of the original property price. If the property is being purchased direct from the developer, there are typically no real estate agent fees.
