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Fees and Charges
LENDER'S ARRANGEMENT FEES
Lender typically charges AED2,500 at the time of loan application and the balance when the loan is approved.
i) valuation for completed properties
ii) valuation for un-completed properties (properties which have not been resided in and are due for imminent completion)
AED 2,500 to 3,000
AED 3,500 to 4,000
Paid at application stage. Cost of valuation depends on the property and its stage of development. Non-refundable fee.
Indicative fee for transfer of Legal Title
Payable to Dubai Lands Dept on value of Property at time of registration
Charged on the value of the property by the lender.
Registration of Mortgage
Payable to Dubai Lands Dept on Mortgage amt. at time of registration
Land Department Site Plan Fee
Payable to Dubai Lands Dept to obtain an attested Site Plan of Property
Landev Arrangement Fee
Non-refundable and paid in advance to arrange mortgage.
:::.. Landev ..:::
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