When you want to buy property in Dubai or get a property on rent. So one question would come into your mind: how much commission has to pay to a real estate agent or company.
Dubai RERA (Real Estate Regulatory Authority) has not stipulated any fixed percentage of commission to pay agent or company. Normally Commission if you are getting home on rent then you have to 5% commission on the annual rent amount. If you are purchasing a property then you have to pay 2% percent on the purchasing cost. Always remember, Hire RERA certified agent and see the RERA card of the agent that you are going to hire.
Let’s make it more clear: suppose you got the property on rent. The annually rent amount is
AED 20,000 that you have to pay to the owner. You have to pay a 5% commission on AED 20,000 to a real estate agent.
If you purchased the property of AED 10,00,000. On Property amount, you have to pay a 2% commission to the real estate agent.
|Purchased / Rent Amount||Agent Commission||Amount pay to Agent|
|Annual Rent AED 20,000||5%||AED 1000|
|Purchased Price AED 10,00,000||2%||AED 20,000|
If you are seriously looking for a real estate company and agent in Dubai, then you have reached the right place. Tag properties is a trusted and reputed real estate company in dubai, offers a wide range of properties for rent, residence, investment, and commercial use. Tag properties has No. of RERA certified and expert Real estate agents throughout the UAE. Mostly, we get new clients referred by the old clients that keeps us one step ahead among the other real estate companies.
Why does tag properties get clients by reference?
Tag properties real estate agents always understand the Desire and needs of the customers with the aim to drive deals transparently and smoothly.
- Give full Insight on the properties.
- Forecasting on market.
- Past and present market value.
- Full-time support.
- Provide Information about the specified area.
- Also, provide Easy payable Home loan or EMI plans.
- Make you purchase property at fair prices.