What costs and fees should I expect?

Down payment
​Residents: 20–25% of property value
Non-residents: 40–50% of property value
​

Bank / processing fees
​Around 0.25–1% of the loan amount
​

Property valuation fee
​Usually AED 2,500–3,500
​

Registration fees
​DLD transfer: 4% of property value
​Mortgage registration: 0.25% of loan amount
​

Insurance
​Life insurance and property insurance required by banks