No Comments

Emaar Is Tempting Property Buyers With Discounts On Fees

Emaar is offering you the chance to save some money if you buy property in one of of six developments before May 10.

The developer will give you 50% off Dubai Land Department fees and the same amount off the first year’s service charge if you buy in Downtown Dubai, Dubai Creek Harbour, Dubai Hills Estate, Emaar Beachfront, Emaar South and Arabian Ranches before the deadline.

The range of units on offer is diverse, from flats in Emaar South starting at AED 599,888 to villas in Arabian Ranches starting at AED 4,520,888.

Emaar is also offering a two-year, post-handover payment plan (subject to each project’s remaining percentage, paid every six months).

Mortgages are available through Emaar’s partner banks, including Emirates NBD, Dubai Islamic Bank (DIB), Abu Dhabi Commercial Bank (ADCB), and HSBC.

The amount of money you’d save by taking up the offer will depend on where and what you’re buying.

Annual service fees are based on the unit’s square footage. For villas, the fee can typically run up to several thousand dirhams per year.

Dubai Land Department charges buyers 2% of the unit’s sale price, along with a AED 5,000 registration fee on all properties sold for more than AED 500,000.