4% of the purchase price + AED 580

admin fee for apartments and

Dubai Land Department (DLD) Fees
offices or AED 430 for land or AED 40 for
off-plan
For properties valued below AED
500,000: AED 2,000 +5% VAT
Property Registration Fee
For properties valued above AED
500,000: AED 4,000 + 5% VAT
Purchase Dubai Land Department Mortgage
0.25% of the loan amount + AED 290
Registration Fees

Real Estate Agent Fees 2% of the purchase price + 5% VAT

Conveyance Fee Approximately AED 6,000 to AED 10,000

Bank Mortgage Arrangement Fee 1% of the loan amount + 5% VAT

Between AED 2,500 – AED 3,500 + 5%
Property Valuation Fee
VAT

Service Fees
Home and Contents Insurance Approximately AED 1,000
Post purchase
Approximately 0.4-0.8% per annum on
Life Insurance
the decreasing loan balance

https://www.mortgagefinder.ae/en/calculator
Purchase Price (AED) 850,000 $236,111 In theory, the 4% DLD charges should be divided 50/50 between the buy

34,580

4,200

1,884

17,850

8,000

6,694

3,150
TOTAL Expenses (AED) 76,358
TOTAL Purchase (AED) 288,858
TOTAL Purchase ($) 80,238
be divided 50/50 between the buyer and the seller, though in practice, the buyer pays the entire 4% to the DLD
 Loan Amount (AED) 637,500
20 yr loan, 4.99% interest rate Monthly payment (AED) 4,204
Yearly payment (AED) 50,448

Life Insurance Yearly 4,462

Service Fees/sq ft (AED) 20
Area (sqft) 1000
Yearly Service fees 20,000
Home and Contents Insurance 1,000
Property Management Company 4,800

Total Yearly Expense (AED) 80,711

Total Yearly Expense ($) $22,420
Yearly Rental (AED) 60,000 https://www.mortgagefinder.ae/en/calculator
Yearly Rental ($) $16,667

Total Yearly Profit/ Loss (AED) (20,711)

Total Yearly Profit/ Loss ($) (5,753)
agefinder.ae/en/calculator