In regard towards your matter, it might be famous there are no specific lawful provisions stipulating the broker’s payment in Dubai, meaning the price is negotiable.

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“Report (26): The brokerage contract shall be in writing and shall state the names from GES exhibition services the contracting get-togethers, requirements of the actual home as well as the brokerage disorders. The contract shall be registered during the real estate register.

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The deal was shut in the consumer's agent. In accordance with the gross sales settlement, two% commission is payable by the buyer. Even so the agent who assisted me locate the buyer for my home insists this rate goes to the customer's agent and I must pay out him a seller's agent rate of two% from my pocket.

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A short while ago I found an agent who managed to offer my home in Dubai which is now demanding a two% seller’s agent charge. Am I obliged to pay these types of volume?