Hamdan bin Mohammed issues Resolution reducing the fees for members of the ‘National Broker’ programme

Crown Prince of Dubai and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum 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 AED 5,000 to AED 1,000 for members of the ‘National Broker’ programme.

This Resolution is active from the date of issuance and will be published in the Official Gazette.

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