🏢 Property Details....,
Property: Studio Apartment
Building: Pearl Tower
Size: 364 sq. ft.
Parking: Not included (optional – available separately)..
Selling Price: AED 205,000
💰 Additional Charges & Fees
1️⃣ Registration & NOC
• NOC (Aqaar): AED 1,575
• Title Deed Fee: AED 350
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2️⃣ Maintenance Fee
• Rate: AED 4.50 per sq. ft.
• Calculation: 364 sq. ft. × 4.50 = AED 1,638
(Approx. AED 1,400 mentioned)
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3️⃣ Parking (Optional – Aqaar)
You have two payment options:
Option A – Cash Payment:
• AED 26,250 (full cash)
Option B – 5-Year Installment Plan:
• Total Installment Price: AED 31,500
• Down Payment: AED 6,300 cash
• Remaining balance payable by cheque each year for 5 years
⸻
4️⃣ Transfer & Commission Fees
• Transfer Fee (2%): Approx. AED 4,000
• Real Estate Office Commission (2%): Approx. AED 4,000
⸻
📊 Cost Summary (Without Full Parking Payment)
Description Amount (AED)
Property Price 205,000
NOC 1,575
Maintenance Fee 1,400
Parking Down Payment 6,300
Office Commission 4,000
Title Deed 350
Transfer Fee 4,000
Total Approximate Cost 223,000