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Starting Feb 1, UAE buyers must pay Dubai property fees upfront, changing mortgage practices.
Starting February 1, 2025, UAE banks will no longer include Dubai Land Department fees and brokerage commissions in property mortgages, requiring buyers to pay these upfront.
This change, aligning with international standards, may increase initial costs but is expected to stabilize the market by encouraging the purchase of off-plan and primary properties, which often have lower down payments.
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A partir del 1 de febrero, los compradores de Emiratos Árabes Unidos deben pagar las tasas de propiedad de Dubai por adelantado, cambiando las prácticas hipotecarias.