When buying a house in Dubai, several costs must be considered beyond the property's purchase price. The total cost of buying a property in Dubai typically ranges from 7% to 10% of the property's value. Key expenses include the Dubai Land Department (DLD) fee, which is 4% of the purchase price, along with an administrative fee of AED 580 for apartments.
Additionally, buyers should account for an agent fee of 2% of the property price and a mortgage registration fee of 0.25% of the loan amount plus AED 290 if financing the purchase. Other costs may include a trustee fee of AED 4,000, valuation fees ranging from AED 2,500 to AED 3,000, and potential bank arrangement fees of up to 1.5% of the loan amount. Understanding these costs is essential for budgeting effectively when purchasing property in Dubai.