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Company TransferPenthouse

Company Transfer Fees for Penthouse in Downtown Dubai

A curated, investment-grade breakdown of every Dubai Land Department fee, government charge and professional cost associated with a penthouse company transfer in the prestigious Downtown Dubai community. Bespoke intelligence prepared by MRK Real Estate.

Average Property Value

AED 22,137,500

Estimated value for a signature penthouse in Downtown Dubai

Total Government & Admin Fees

AED 899,320

All DLD, trustee, NOC and valuation charges combined

Brokerage Commission

AED 442,750

2% standard commission on the transaction value

Total Transaction Cost

AED 1,342,070

Complete cost inclusive of all fees and commissions

Itemised Fee Breakdown

Fee ItemAmount (AED)
DLD Transfer Fee885,500
DLD Admin Fee580
Title Deed Issuance520
Knowledge Fee10
Innovation Fee10
Trustee Office Fee4,200
Developer NOC Fee5,000
Property Valuation3,500
Brokerage Commission442,750
Total Transaction Cost1,342,070

Company Transfer Process Step by Step

1

Prepare the corporate board resolution authorising the property transfer

2

Obtain attested trade licence copies and Memorandum of Association for both entities

3

Secure a No Objection Certificate (NOC) from the master developer

4

Engage an authorised trustee to facilitate the corporate transfer

5

Submit all corporate documentation alongside the original Title Deed

6

Pay the full 4% DLD transfer fee plus enhanced corporate admin charges

7

The trustee verifies corporate authority, processes the transfer and issues the updated Title Deed

8

Receive the new Title Deed reflecting the acquiring entity's ownership

Required Documents

  • Original valid passport (all parties)
  • Original Emirates ID (all UAE-resident parties)
  • Original Title Deed of the property
  • Attested trade licence copies for both entities
  • Memorandum of Association and Articles of Association
  • Board resolution authorising the transfer
  • Power of Attorney (if signatory is not a director)
  • No Objection Certificate (NOC) from the master developer
  • Manager's cheque for DLD corporate transfer fees

Frequently Asked Questions

What are the total DLD fees for a penthouse company transfer in Downtown Dubai?
The total Dubai Land Department fees for a penthouse company transfer in Downtown Dubai amount to approximately AED 899,320. This is calculated based on the average penthouse value of AED 22,137,500 in this prestigious community. The figure includes the 4% transfer fee, administrative charges, knowledge and innovation fees, trustee fees and NOC charges.
How is the 4% DLD transfer fee calculated for Downtown Dubai properties?
The DLD transfer fee of 4% is applied to the property's sale price or valuation, whichever is higher. For an investment-grade penthouse in Downtown Dubai valued at AED 22,137,500, the transfer fee alone is AED 885,500. This fee is typically shared equally between buyer and seller, though bespoke arrangements are negotiated on a case-by-case basis.
Who pays the DLD fees in a Downtown Dubai property transaction?
In standard Dubai practice, the 4% DLD transfer fee is customarily split equally between buyer and seller each party bearing 2%. However, in ultra-prime and trophy property transactions in Downtown Dubai, the allocation is often a negotiated term within the Memorandum of Understanding. Administrative fees, trustee charges and NOC fees are generally borne by the buyer.
How long does the company transfer process take in Downtown Dubai?
A company transfer for a penthouse in Downtown Dubai typically completes within 2–5 business days once all documentation is in order. The NOC from the master developer requires approximately 5 business days. The actual DLD transfer at the trustee office is processed same-day, with the new Title Deed issued immediately upon completion of verification and payment.
Are there any additional costs beyond DLD fees when acquiring a penthouse in Downtown Dubai?
Beyond the DLD registration fees, investors should account for the real estate brokerage commission (typically 2% of the sale price), property valuation fees and potential mortgage arrangement fees if financing is involved. For a curated penthouse in Downtown Dubai, the total transaction costs inclusive of all government fees and professional charges are detailed in our comprehensive breakdown above.

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MRK Real Estate provides bespoke transaction advisory for ultra-prime and investment-grade properties across Dubai. Our curated approach ensures every fee is accounted for and every step is expertly managed.

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The fee estimates presented above are calculated based on prevailing Dubai Land Department tariffs and average property values in Downtown Dubai as of 2024. Actual fees may vary depending on the specific property valuation, developer charges and any regulatory amendments. This page is provided for informational purposes and does not constitute financial or legal advice. MRK Real Estate recommends consulting with a qualified transaction advisor for bespoke fee calculations tailored to your specific acquisition.

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