Real estate service fees index next month

Marwan Bin Galitah, CEO of Rera, said: “The service index will define fair service fees and will analyse not only cost but also quality, providing a sliding scale for basic to premium service.”

“While the implementation of the index would not compulsory, it will bring more transparency into the market and reduce the disputes about service fees.”

“Investors and end-users are now seriously considering the kind of service charges being levied before making a decision to buy a property in Dubai, or not,” he said.