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What Is DLD Waiver On Property In Dubai?
Introduction:
Waiver of Dubai Land Department (DLD) registration fees is a common offer available from developers. DLD Fee is a 4% of property purchase price, plus an AED 580 admin fee. So DLD Waiver means that buyer will not have pay this fee, instead the developer will pay. Sometimes the developers offer anywhere from 50% to 100% off on DLD fees, which means the buyer has to pay the rest of the fees, if required.
DLD Registration Fees
The registration fee of DLD is charged on registering the purchase, sale, transfer of property, and investment interests in Dubai properties. Dubai Land Department is the agency that collects the fee and was set up by the Emirates Government to assist the sale of property in Dubai to purchasers and investors.
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