Closing Costs

Closing costs are the fees and expenses paid at the completion of a real estate transaction beyond the property purchase price.

Dubai Buyer CostsAmount
Transfer fee4% of property value
Mortgage registration0.25% of loan amount
Trustee feeAED 4,000-5,000
ValuationAED 2,500-3,500
NOC feesAED 500-2,000
Agent commission2% typically
Seller CostsAmount
Agent commission2% typically
Mortgage dischargeVaries by bank
NOC from developerAED 500-2,000
Service charge clearanceOutstanding balance

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