The itemised list
4% DLD transfer fee, AED 4,200 trustee office fee (AED 2,100 under AED 500K), 2% agency commission, AED 520 title deed issuance, and 0.25% of the loan plus AED 290 for mortgage registration.
On a DAMAC Hills purchase
For a unit at AED 1,170,000, budget roughly 6–7% of the price in total transaction costs on a cash deal, a little more with finance.
DAMAC Hills at a glance
DAMAC Hills is a golf community of villas and apartments with resort-style amenities. Buying sits at AED 1,500 per sqft — roughly AED 1,170,000 for a standard one-bedroom — while long-term tenants pay about AED 90,000 a year. Hosted as a licensed holiday home, the same unit averages AED 518 a night at 66% occupancy, around AED 124,786 gross. Owners on our managed programme average AED 172,205 — a 38% uplift.
