Mortgage Closing Costs in UAE

Mortgage closing costs in the UAE include all fees required to complete a property purchase using financing. These costs are separate from the down payment and must be paid during the transaction process. Closing costs vary between emirates, banks, and property types. Understanding these costs helps buyers plan accurately and avoid unexpected expenses during transfer.

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What Are Mortgage Closing Costs

Closing costs refer to all additional expenses involved in completing a property transaction and mortgage.

Government and registration fees

Bank-related charges

Property and transaction-related costs

Dubai Mortgage Closing Costs

In Dubai, closing costs are generally higher due to the transfer fee structure.

DLD Transfer Fee:

4% of property value

Registration Trustee Fee:

AED 4,200 (for properties above AED 500,000)

Agency Commission:

2% + VAT (if applicable)

Mortgage Registration Fee:

0.25% of the loan amount + AED 290

Valuation Fee:

Typically AED 2,500 – AED 3,500

Abu Dhabi Mortgage Closing Costs

for mortage

Municipality Registration Fee

2% of property value

Agency Commission

2% + VAT (if applicable)

Mortgage Registration Fee

0.1% of loan amount

Bank Processing Fee

Up to 1% of loan amount

Valuation Fee

Typically AED 2,500 – AED 3,500

Developer NOC Fee

Typically AED 500 – AED 5,000 (if applicable)

Typical Total Cost Estimate

Dubai : Approximately

6% to 7% of property value

Abu Dhabi : Approximately 4% to 5% of property value

When Are Closing Costs Paid

Bank processing and valuation fees during application

Mortgage registration during loan setup

Transfer and registration fees at the time of property transfer

NOC and third-party fees before transfer (if required)

Closing costs are paid at different stages of the transaction

Why Work With a Mortgage Broker

Mortgage brokers help buyers understand the full financial picture before committing to a property.

Accurate breakdown of all closing costs

Comparison of bank fees and offers

Guidance on structuring the transaction

Coordination through the full mortgage and transfer process

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FAQ

Mortgage Rates

What is the minimum Do I need to pay more than the down payment in UAEdown payment for a mortgage in UAE

Yes, buyers must pay additional costs such as transfer fees, mortgage registration, bank fees, valuation fees, and agent commission where applicable.

How much are closing costs in Dubai

Closing costs in Dubai are typically around 6% to 7% of the property value, mainly due to the 4% transfer fee.

How much are closing costs in Abu Dhabi

Closing costs in Abu Dhabi are usually around 4% to 5% of the property value, depending on the transaction structure and fees.

What is the biggest cost when buying property in UAE

The largest cost is usually the transfer or registration fee, especially in Dubai where it is 4% of the property value.

Are closing costs included in the mortgage

No, closing costs must be paid separately and are not financed by the bank.

What is mortgage registration fee in UAE

Mortgage registration is typically 0.25% of the loan amount in Dubai and 0.1% in Abu Dhabi.

Do I always pay agent commission

Agent commission is usually applicable in resale transactions but may not apply in direct developer sales