UAE off-plan glossary
Broker commission
Fee paid to a real-estate broker for arranging a transaction; in the UAE typically 2% of the price plus VAT for off-plan and secondary deals.
UAE broker commission is conventionally 2% of the property price plus 5% VAT, paid by the buyer at the time of the transaction. For off-plan purchases the commission is sometimes absorbed by the developer as part of the launch incentive; for secondary-market deals it is almost always paid by the buyer.