Frequently Asked Questions
This guide provides essential information to help you understand the rules, costs, and considerations when buying or selling property with Mad Properties L.L.C. in Dubai.
This is one of the first questions to ask your broker, as it reflects their knowledge of the local market. An experienced broker should be able to share accurate information on property price ranges, market trends, and value insights. If a broker lacks familiarity with the area, it may affect negotiations and potentially impact your deal. Working with a specialist ensures you receive the most reliable guidance.
Knowing the seller’s motivation and ownership history can provide valuable insights. While not every seller will disclose full details, this information can indicate urgency or potential issues with the property. For example, a quick sale due to financial reasons may create room for negotiation.
If a property has been listed for a long time, it may be overpriced or marketed ineffectively. This can give buyers negotiation leverage, as sellers are often more open to price adjustments. At Mad Properties, our brokers help you understand market dynamics so you can make a smart and confident decision.
Service charges are an important but sometimes overlooked aspect of property ownership. In Dubai, these can range from a few thousand dirhams to over AED 100,000 annually. These costs should be factored into your budget. At Mad Properties, we make sure clients are fully aware of such charges before finalizing any deal.
There are no “hidden” fees in Dubai property transactions, as all costs are disclosed. However, buyers should be aware of additional fees—usually around 7% of the property value—that apply beyond the purchase price:
DLD Transfer Fees: 4% of the net selling price
DLD Trustee Fee: Approx. AED 4,200 + AED 580 admin fee
Brokerage Fees: 2% of the net selling price + 5% VAT
Conveyancing Fee: If conveyancing services are provided
Before purchasing, consider how the property will perform long-term. Ask about projected appreciation, depreciation risks, and rental yield. Whether you plan to hold the property or resell it, understanding ROI helps set realistic expectations and ensures your investment is sound.
Apartments often come with amenities like gyms, swimming pools, and parks, while villas and townhouses may have community facilities that require additional fees. Clarifying which facilities are included—and which require extra payment—will help you evaluate overall ownership costs.
Rental income varies based on property type, location, and market conditions. On average, Dubai properties generate a net rental yield of 5%–10% after service charges. High-end properties may earn higher rent but usually offer lower yield percentages. Our team provides clear insights so you can make the best investment decision.
Yes, non-UAE citizens can own property in designated freehold areas under Regulation No. 3 of 2006. Popular freehold areas include Dubai Marina, Palm Jumeirah, Jumeirah Lakes Towers, and Emirates Hills. Mad Properties guides international buyers through the entire process, ensuring a smooth and legally compliant transaction.