What the prices exclude. Every price shown is the developer’s
off-plan launch price for the unit. On top of it you pay the Dubai Land Department transfer fee of
4%, a trustee fee (AED 2,000 to 4,000 plus VAT), title deed and administration fees, and
agency commission where one applies. Budget roughly 6% to 8% above the purchase price for
the round trip. Service charges are annual and separate. We will give you the full cost stack for
any specific unit before you commit to anything.
On the numbers. Prices are shown in dirhams with pound and euro
equivalents throughout. The dirham is pegged to the US dollar at 3.6725, so the sterling and euro
figures move with the dollar. They are indicative, and your bank’s rate on the day is what counts.
On tax. The UAE charges no income or capital gains tax on property held personally.
That is the UAE side only. If you are tax resident in the UK, the Netherlands or elsewhere in
Europe, your own country will usually still tax the rental income and any gain, and because there
is no UAE tax to offset there is nothing to credit against it. We will flag it. We are not tax
advisers, and you should take proper advice before you buy.
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