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Dubai Real Estate Transfer Fees Guide

Dubai Land Department charges fees for all real estate transfers, including land, industrial and residential buildings. The fees include a 4% transfer fee based on the sale price paid by the buyer, as well as additional administrative fees. Transfer fees are also charged for gifts of real estate at 0.125% of the purchase price, with a minimum fee of AED 2,530. Both residents of Dubai and overseas investors can purchase property, but investors must buy in designated areas and the average transfer time is 30 days from signing. The parties obtain necessary approvals from the developer and land department before a new title deed is issued to the buyer.

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495 views4 pages

Dubai Real Estate Transfer Fees Guide

Dubai Land Department charges fees for all real estate transfers, including land, industrial and residential buildings. The fees include a 4% transfer fee based on the sale price paid by the buyer, as well as additional administrative fees. Transfer fees are also charged for gifts of real estate at 0.125% of the purchase price, with a minimum fee of AED 2,530. Both residents of Dubai and overseas investors can purchase property, but investors must buy in designated areas and the average transfer time is 30 days from signing. The parties obtain necessary approvals from the developer and land department before a new title deed is issued to the buyer.

Uploaded by

praveen
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Dubai Land Department Transfer Fees Are Due on All Transfers of Real Estate

 Property Transactions
o Land
o Industrial Buildings
o Residential Buildings
 PROCESSED THRU LAND DEPT & AGENTS
 Registrations of the deal
o Presence of both Buyer & Seller or POA with proper documents
o Presence of Buyer Agent & Seller Agent

Are All Dubai Land Department Registration Fees the Same?


 Property Transfer Fees
o Transfer Fee @ 4% of Value of Sale Price
(In theory, this cost is split 50 : 50 between Buyer & Seller, but negotiated and buyer
pays 4%)
o Oqood Fees (Under Construction / Off Plan) : AED 2,000/-
o Lease to Own Ownership Contracts Modification (Ejara) : AED 1,000/-
o Service Fees : (Additional Costs)
o Application to Register – Must be in Person

Dubai Property Transfer Fee, Charges and Cost


 Transfer by Sale
o Property Transfer Fees & Charges are levied on Property Bought, sold in Dubai
o Removing / Adding a Person from a Title Deed is considered as Transfer of Ownership
o Transfer Fee are payable to DUBAI LAND DEPARTMENT
o Transfer Fees become due when transferring ownership
o Transfer Fees @ 4% of the Property Purchase Price
o Admin Fees of AED 540 is applicable
 Transfer by Gift
o Transfer Fee are payable to DUBAI LAND DEPARTMENT
o Transfer Fees become due when transferring ownership
o Transfer Fees @ 0.125% of the Property Purchase Price
o Admin Fees of AED 530 is applicable
o Totaling to minimum of AED 2,530.00 (Payable whichever is higher)

Who can buy a Property


 Dubai Resident
 Overseas Investor
o Can buy in areas designated
o Average timeframe to transfer is 30 days from signed date
o MOU signed by both parties
o Agreed Booking Deposit is paid by Buyer
o Parties meet at Developer Office to obtain NOC for sale with a Fee
o Then Parties meet at Land Department for formal transfer
o A new Title Deed is issued to Buyer (Bank involved if mortgage is used)
o

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