Costs · Mohammed Bin Rashid City

DLD Fees & Transaction Costs in Mohammed Bin Rashid City

Every fee involved in buying a Mohammed Bin Rashid City property, itemised.

Price per sqft

AED 2,200 per sqft

1-bed rent

AED 110,000/yr

Gross yield

6–7%

Short-let occupancy

71%

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 Mohammed Bin Rashid City purchase

For a unit at AED 1,716,000, budget roughly 6–7% of the price in total transaction costs on a cash deal, a little more with finance.

Mohammed Bin Rashid City at a glance

Mohammed Bin Rashid City is lagoon living beside Downtown with strong handover-to-resale appreciation. Buying sits at AED 2,200 per sqft — roughly AED 1,716,000 for a standard one-bedroom — while long-term tenants pay about AED 110,000 a year. Hosted as a licensed holiday home, the same unit averages AED 633 a night at 71% occupancy, around AED 164,042 gross. Owners on our managed programme average AED 226,378 — a 38% uplift.

Frequently asked questions

Can DLD fees be split with the seller?

Sometimes — a 50/50 split is negotiable in a soft market, though the buyer usually pays.

Are there annual property taxes in Dubai?

No annual property tax. Owners pay service charges; tenants pay a 5% housing fee via DEWA.