The buyer pays the 4 percent DLD fee. For a ready property it is paid at transfer; for off-plan, at registration, not at handover.
- The buyer pays the fee, unless the seller or developer agrees otherwise.
- The fee is 4% of the purchase price plus AED 580.
- Off-plan registration is called Oqood; some developers run promotions that cover the fee.
- It is usually paid in cash; most banks do not finance it.
- It is separate from the mortgage registration fee (0.25% of the loan + AED 290).
Related: Total buying costs
