Agency fee
Also called: commission, brokerage fee
The agency fee is the commission paid to the broker on a sale or a letting, commonly quoted at around 2% of the price on a sale.
On a sale it is usually paid by the buyer in Dubai practice, though it is a matter of agreement. On a letting it is typically a percentage of the annual rent paid by the tenant.
It is a real cost and belongs in the total alongside the transfer fee and registration charges rather than being treated as an afterthought.
The figures behind this
Related terms
Dubai Diligence is an independent property-data service built on official Dubai Land Department records. We are not a brokerage and no developer pays us. This is general information, not legal, financial or tax advice.
