Buying Apartment In Dubai

Topic locked
  • Reply
buying apartment in dubai Jan 16, 2008
Hello,

Just got a quick question im hoping you guys could help me on.

If i bought a an apartment in dubai an after paying off the mortgage is there any other costs like after this. Like maintenence, rent or anything.

Thanks. look forward to hearing from you.

az
Dubai Forum Guest
Posts: 2

  • Reply
Jan 18, 2008
Anyone?
az
Dubai Forum Guest
Posts: 2

  • Reply
Re: buying apartment in dubai Jan 19, 2008
az wrote:Hello,

Just got a quick question im hoping you guys could help me on.

If i bought a an apartment in dubai an after paying off the mortgage is there any other costs like after this. Like maintenence, rent or anything.

Thanks. look forward to hearing from you.


I am presuming you have some sort of agreement with the developer as you must have to pay Service Charge.
Maintenance will either be done by yourself or you Contract someone to do it for you.
You have the Land Registration Fee to pay, that is if you have not registered yet.
You have the housing fee to pay to DEWA/DM which 0.5% of the purchase price divided by 12 to be paid on a monthly basis.
sage & onion
Dubai Shadow Wolf
User avatar
Posts: 16338
Location: Dubai and beyond

  • Reply
Jan 24, 2008
az wrote:
Hello,

Just got a quick question im hoping you guys could help me on.

If i bought a an apartment in dubai an after paying off the mortgage is there any other costs like after this. Like maintenence, rent or anything.

Thanks. look forward to hearing from you.


I am presuming you have some sort of agreement with the developer as you must have to pay Service Charge.
Maintenance will either be done by yourself or you Contract someone to do it for you.
You have the Land Registration Fee to pay, that is if you have not registered yet.
You have the housing fee to pay to DEWA/DM which 0.5% of the purchase price divided by 12 to be paid on a monthly basis.


Other Expenses Are Not Expensive In Dubai. Don't Worry
orik
Dubai Forums Enthusiast
Posts: 67

  • Reply
Jan 24, 2008
So just to clarify-

1) Land registration - anyone know how much?
2) Service Charge - paid to developer for whole year upfront?
3) DEWA - 0.5% of purchase price of property by monthly?
4) A/C - anyone know how much?

Is there anything else?
onetickin
Dubai Forums Frequenter
Posts: 117

  • Reply
Feb 06, 2009
yes
marmarismarine
Dubai Forum User
Posts: 21

posting in Dubai Guide and photosForum Rules

Return to Dubai Guide and photos