Questions & Answers
Questions & Answers
3 available 3 • View allReal estate broker's fee in Dubai
29
Q: Recently I found an agent who managed to sell my property in Dubai and is now demanding a 2% seller’s agent fee. Am I obliged to pay such amount?

Jun 10, 2016
29869
Broker's commission which should be paid while buying an apartment in Dubai
7
Q: Hi,
I am going to buy an apartment in Dubai.
If I am going directly from the seller's broker, shall we both (seller and buyer) pay 2% each to this broker? And also it asks for a convenience fee of 5000 Dhs, what is it?
Thanks

Nov 5, 2017
6867
Protecting the rights of a broker in terms of commission


6
Q: A commission agreement between broker and seller was drafted and signed by the two parties in Dubai. The agreement states that the seller shall pay the broker a certain amount of commission after the sale transaction is done.
How can the broker guarantee his right 100% in case the seller doesn’t pay?
Shall the broker register the agreement with the notary public or the Ministry of Economy?
Please take note that the location is Dubai.



Feb 11, 2020
6761
Laws & Regulations
2 available 2 • View allLaw No. (16) of 2007 Establishing the Real Estate Regulatory Agency 1
By virtue of this Law, a public corporation named the “Real Estate Regulatory Agency” is established in the Emirate of Dubai. It is affiliated to Dubai Land Department. The objective of RERA is to regulate the real estate sector in the Emirate.
Jul 30, 2007
3291
Bylaw No. (85) of 2006 Regulating the Real Estate Brokers Register in the Emirate of Dubai 4
This Bylaw regulates the Real Estate Brokers Register in the Emirate of Dubai. No person may engage in real estate brokerage activities in Dubai unless he is licensed by the competent entities and entered in the register, which is maintained by Dubai Land Department.
May 30, 2006
4955

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