Explanation

Reduced Transfer Fees for Giving to Family: In Dubai, there are lower transfer fees when giving real estate to first-degree relatives, such as parents, spouses, or children.

The standard transfer fee for sales is 4% of the sale price, which is applied to a sale and purchase transfer.

Non-Family Gifting: A standard 4% transfer fee is applied when you give property to someone who is not your immediate family. AED 2,000 is the minimum gift transfer fee that must be paid to the land department.

Property Value Threshold: The transfer fee due to the land department is 0.125 percent of the total value if the property is worth more than AED 500,000. The name title deed costs AED 580, and there are other fees that must be paid to the trustee offices. Procedure: There are a number of steps involved in gifting property, such as getting the required approvals, creating a gift deed, and registering the transfer with the Dubai Land Department. Giving to Businesses: Property can also be given as a gift between people and their businesses.