The Brokerage fee is an essential part of the property business in Dubai and differs in some aspects from the commission regulations in other countries. As a registered Real estate agent in Dubai (RERA-licensed broker) we are obliged to adhere to the official guidelines of the Dubai Land Department (DLD).
Amount of the commission:
- For purchase transactions: 2% of the agreed purchase price
- For rentals: 5% of the annual rent
- For off-plan projects: Individual agreements with developers possible
Special features in Dubai:
In contrast to many other markets, the Brokerage fee strictly regulated in Dubai. The commission is usually borne by the buyer, but in some cases it can also be split between the buyer and seller. In the case of rental contracts, the tenant usually bears the commission.
Services of the broker:
- Comprehensive market analysis and evaluation
- Inspection organisation and implementation
- Conducting negotiations
- Support with the legal process
- Coordination with all parties involved
Important note: The commission is only due after successful brokerage and conclusion of the contract. You should familiarise yourself with the RERA-licence of your broker and reach a written agreement on the commission arrangements.
To ensure transparent processing, we recommend that you pay the Brokerage fee via a licensed trustee. This provides additional security for all parties involved and is in line with best practice in the Dubai property market.
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