THE RECORD
I priced buildings before I sold them.
Former senior estimator on the developer side. MSc Quantity Surveying, the discipline of pricing what a building actually costs to build. Certified in project management. RERA licensed broker, BRN 84544.
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THREE CHAIRS
Three chairs, one career.
Most brokers have never sat at any of those chairs. I have sat at all three. There is very little about a deal I have not already seen from another angle.
CONTRACTOR
Quantity surveyor at J&P, on major infrastructure including Queen Alia International. The contractor's chair is where you learn how a project is actually priced, scheduled and delivered. From the ground up, not from a brochure.
CONSULTANT
Cost consultancy at D.G. Jones & Partners, one of the region's top cost consultancies, on landmark airport projects including King Abdulaziz International and Hamad International. This is the chair where budgets, cost plans and project economics get shaped.
DEVELOPER
Estimator at DAMAC Properties. The developer's chair is the full economics: margins, launch strategy, and what a unit actually costs to build. Not the render, the reality.
WHAT THIS CHANGES FOR YOU
A background is only worth reading if it changes the answer.
- A payment plan is a cash-flow schedule, not a discount. I read it as one: what you owe, when, and what happens to your position if a milestone moves.
- A launch price is an output of a cost plan. Knowing how that number was built tells you which part of it is the building and which part of it is the story.
- Construction progress is the only honest handover signal. Progress on a marketing update and progress on site are two different readings, and only one of them carries your risk.
- I have sat on the side that prices a building, the side that budgets it, and the side that sells it. You get all three readings, not only the selling one.
WHAT A PURCHASE COSTS
Two shapes of purchase, two cost structures.
Written the way they apply across emirates, since not every transaction happens in the same one.
- OFF-PLAN A land authority registration feeGovernment admin feesNo brokerage fee to the buyer
- READY A land authority registration feeGovernment admin feesA developer NOC feeBrokerage at 2% plus VAT
The exact registration and admin fees are set by the relevant land authority and confirmed per transaction. Nothing above is an estimate of them.