I know the cost of the property itself is one thing to consider, but I’m wondering about any additional hidden fees or costs that might come up during the property buying process in Dubai. Things like maintenance fees, registration fees, taxes, or any legal fees that might catch me off guard. What should I be prepared for financially aside from just the purchase price?
Posted by lakidog (Member # 38396) on :
When purchasing property in Dubai, there are some additional costs to consider beyond the price of the property itself. These include registration fees, which typically range from 4% of the property value, and notary fees, which can add up as well. Maintenance fees in certain communities might also be higher, especially in luxury developments. It's crucial to factor these costs in when determining your overall budget. I recommend getting in touch with a platform Top Address https://topaddress.ae/en/ for dubai real estate buy, which can provide a breakdown of all fees involved in the purchase and ensure you're fully prepared. Working with professionals helps avoid any surprises, so you can make a well-informed decision.
[ 24. February 2025, 05:26: Message edited by: lakidog ]
Posted by archytre (Member # 38398) on :
Thanks for the heads-up! I wasn’t sure what hidden costs I might face when buying property in Dubai, so it’s good to have a clearer idea now. Registration fees and maintenance costs were some of the things I wasn’t thinking about. I’m definitely going to reach out to Top Address to get a breakdown of all the costs involved. It’s great that they offer such detailed guidance throughout the process. I feel a lot more prepared for the expenses that come with buying property in Dubai now!
