Sellers Guide

There are fees for you to consider when you are selling your property. These can be allocated or divided between Buyer & Seller.

• Dubai Land Department charges 4% of the property purchase price or valued price + AED 580
• Agency fee is 2% or minimum of AED 20,000 + 5% VAT
• AED 4000 + 5% VAT sales progression fee
• AED 5250 for POA representation per individual and per property
• Company Buyers & Sellers fees and POA services are available on request
• Trustee Office administration fee of AED 4,200
• Developers NOC ranges from AED 500 - AED 5000

*Finance Sellers only

• Mortgage discharge fee is approx AED 1,250 - AED 1,820 depending on Islamic or conventional finance
• Blocking fee approx AED 1575 (If cash Buyer)

Please note that the above fees are based on current market standards and practices and fees relating to selling with an outstanding mortgage is based on averages and will vary depending on the mortgage product you are with. These may be subject to change.

1. Book a consultation and we will appoint a designated Client Manager to conduct a market analysis with factual data to value your property and to assess the right selling price.
2. We will complete a property inspection to assess any preparation requirements to sell your property and make cost effective solutions to help maximise the achievable sale price.
3. Marketing strategy for the property will be discussed in detail to show the advertising avenues to maximise your property exposure and attract a higher number of potential buyers to view the property.
4. After conducting viewings and on receipt of a formal offer to purchase, the negotiations on terms and conditions, time frames and price will be mediated by your experienced and skilled Client Manager and/or with a conveyancer. This will be the contract between the Buyer & Seller.
5. Consideration to completion of the sale and if attending in person or if you will require representation via a Power of Attorney.
6. Applicable for mortgage Sellers only with cash Buyers, it is in the best interest of the parties to ‘Block’ the unit at Dubai Land Department before the Buyer settles the outstanding liability. 
7. Applicable for financed Sellers as it is a requirement for mortgage clearance in full before No Objection to Sell Certificate will be issued from the Developer/Owners Association.
8. Sale proceeds minus any mortgage clearance amounts will be prepared in Sellers name in the form of a  Managers Cheque and is required to be presented by the Buyer at the transfer appointment.
9. For tenanted properties a rent reimbursement and security deposit payments will be factored into final amounts due.
10. A transfer appointment at a Trustee Office will be arranged to finalise the property sale and on completion you can request all utility account closures to obtain your deposit refunds.