While the law prefers that broker�s fees are determined by a written agreement, it provides a fallback if no agreement exists. In the absence of a specified amount, fees are determined according to the prevailing customary practice in the Dubai real…
While the law prefers that broker�s fees are determined by a written agreement, it provides a fallback if no agreement exists. In the absence of a specified amount, fees are determined according to the prevailing customary practice in the Dubai real estate market. If a dispute arises regarding this customary amount, it can be referred to the Council at the DLD for a final determination based on industry standards and the complexity of the services provided by the broker.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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