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Breakdown amount required upfront
Land Department Fee One-time tax paid to the government. 4% of the property value + AED 580 admin fee
Trustee Fee Paid to the bank for a range of services. AED 2,000 + VAT for properties below AED 500,000 AED 4,200 + VAT for properties equal or above AED 500,000
Mortgage Registration FeePaid to the government to register your property as security for home loan. 0.25% of the loan amount + AED 290 admin fee
Bank Processing Fee Paid to the bank to process your mortgage. Up to 1% of the loan amount + 5% VAT
Valuation Fee Paid to the bank for a basic inspection of your property. Between AED 2,500 and AED 3,500 + 5 VAT
If You Have Any Question
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Have questions or ready to get started? Reach out to Meta Mortgage today! Our dedicated team is here to assist you every step of the way. Whether you’re looking for expert mortgage advice, want to explore your loan options, or need assistance with our calculator services, we’re just a phone call or email away.