What fees do I need to pay when getting a mortgage?
The fees in specific relation to a mortgage would be a bank valuation fee and a bank arrangement fee. The bank valuation fee can range from AED 2000 – 5000 and the bank arrangement fee can between 0% to 1.5%, both fees vary depending on the bank.
In Dubai, you will also be required to pay a mortgage registration fee of 0.25% plus a AED 290, which is payable to the Dubai Land Department.
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