What are the fees involved in registering a mortgage in Dubai?

Registering a mortgage in Dubai involves several fees payable to the Dubai Land Department (DLD) and associated service partners. Here's a detailed breakdown:

1. Mortgage Registration Fee:

   • Percentage of Loan Amount: A fee of 0.25% of the total mortgage value is charged.

   
   

2. Title Deed Issuance Fee:

   • Standard Mortgage: An AED 250 fee for issuing the title deed.

   • Conservative Mortgage: An AED 250 fee for each title deed issued.

   
   

3. Knowledge and Innovation Fees:

   • Knowledge Fee: AED 10 per drawing.

   • Innovation Fee: AED 10 per drawing.

   
   

4. Service Partner Fees:

   • Standard Registration: A service fee of AED 4,000 plus 5% VAT.

   • Provisional (Oqood) Registration: A service fee of AED 5,000 plus 5% VAT.

   
   

5. Administrative Fee:

   • An additional administrative fee of AED 290 is applicable.

Payment Methods:

Fees can be settled through various channels, including:

• ePay

• Dubai Pay

• Noqodi

• Manager's Cheque addressed to the Dubai Land Department.

Additional Considerations:

• Property Valuation Fee: Ranges from AED 2,500 to AED 3,500, subject to 5% VAT.

• Mortgage Arrangement Fee: Typically up to 1% of the loan amount, plus 5% VAT.

It's essential to account for these fees when planning a property purchase in Dubai, as they contribute to the overall cost of acquiring a mortgaged property.