Going to buy a new property? Use our free mortgage calculator to find out what your monthly payments and fee will be.
The following fees are to be paid when purchasing a property in the UAE:
Land Department Fee4% of the property value + 580 AED admin fee
Registration Fee4,000 AED for properties over 500,000 AED + 5% VAT
Mortgage Registration Fee0.25% of the loan amount + 10 AED admin fee
Real Estate Agency FeeTypically 2% of the property value + 5% VAT
Valuation FeeBetween 2,500 and 3,500 AED + 5% VAT
Sales Progression Fee4,200 AED
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Loan Duration 25 years
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* Estimated monthly payment based on a 960,000 AED loan amount with a 2.69% fixed interest rate for the entire duration of the loan