The eight steps
Shortlist and view, agree price, sign Form F (MOU) with a 10% deposit, seller applies for the developer NOC, book the trustee office appointment, pay the 4% DLD fee and manager's cheques, receive the title deed, then hand over keys. Cash deals close in 2–4 weeks, mortgaged deals in 4–8.
Budget for Business Bay
At AED 2,100 per sqft, a typical unit here transacts near AED 1,638,000. Add 4% DLD, ~AED 4,200 trustee fee, 2% agency and 0.25% mortgage registration if financed.
Business Bay at a glance
Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.
