I am building a closing-cost checklist for a detached home in Dubai priced around AED 5,175,000. Transfer tax, registration and legal or notary fees are the obvious lines, but the total seems to depend heavily on how the property is held, any ownership restrictions and the annual property charges.
I also want to ask about capital-gains treatment, residency rules and inheritance planning before choosing an ownership structure. For anyone who has completed a UAE transaction, which cost or obligation appeared after the first estimate? I am looking for useful questions to take to a licensed local professional, not personal legal or tax advice.
I also want to ask about capital-gains treatment, residency rules and inheritance planning before choosing an ownership structure. For anyone who has completed a UAE transaction, which cost or obligation appeared after the first estimate? I am looking for useful questions to take to a licensed local professional, not personal legal or tax advice.