Property Buyers in Dubai Must Pay Higher Upfront

Starting February 1, 2025, UAE banks will no longer cover the 4% DLD fee and 2% brokerage commission in mortgage financing. Buyers should now pay these fees upfront, previously included in the total mortgage.

Dubai property upfront fees

This change makes off-plan properties in Dubai more attractive, as buyers will need more cash upfront for secondary market purchases. Developers offering long payment plans will likely see increased demand, as they require lower down payments and fewer financial barriers for buyers.

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Among others, an important UAE real estate news from January 2025 is about the recent Acres event that took place in Sharjah. Held from January 22nd to 25th at Expo Centre Sharjah, it showcased major real estate projects and investment opportunities. The Sharjah Chamber of Commerce and Industry organised this event in collaboration with the Sharjah Real Estate Registration Department.

White Rock Real Estate, as a partner of Aldar Properties, displayed some of Aldar’s prestigious projects. Meanwhile, other companies like Arada, Alrasikhoon Real Estate and Madain Properties presented their latest developments. The exhibition saw strong interest, with a significant number of visitors exploring real estate opportunities. Investors at the exhibition also benefited from a 50% discount on property registration fees.