Costs · Palm Jumeirah

DLD Fees & Transaction Costs in Palm Jumeirah

Every fee involved in buying a Palm Jumeirah property, itemised.

Price per sqft

AED 3,800 per sqft

1-bed rent

AED 190,000/yr

Gross yield

5–6%

Short-let occupancy

86%

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 Palm Jumeirah purchase

For a unit at AED 2,964,000, budget roughly 6–7% of the price in total transaction costs on a cash deal, a little more with finance.

Palm Jumeirah at a glance

Palm Jumeirah is Dubai's ultra-prime beachfront address of branded residences and signature villas. Buying sits at AED 3,800 per sqft — roughly AED 2,964,000 for a standard one-bedroom — while long-term tenants pay about AED 190,000 a year. Hosted as a licensed holiday home, the same unit averages AED 1,093 a night at 86% occupancy, around AED 343,093 gross. Owners on our managed programme average AED 473,468 — 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.