Hamdan reduces fees for ‘National Broker’ members

By DG Staff

DUBAI 24 January 2020: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Resolution No. (4) of 2020 on the fees for real estate activities for members of the ‘National Broker’ programme.

According to the resolution, the fee prescribed in clauses (11), (12) and (18) of Schedule (1) of the Executive Council Resolution No. (25) of 2009 is reduced from Dh5,000 to Dh1,000 for members of the programme.

This resolution is active from the date of issuance and will be published in the Official Gazette, said Wam.

The ‘National Broker’ programme was approved by the Dubai Land Department and the Mohammed Bin Rashid Establishment for SME Development, Dubai SME.