Are there any ongoing costs after purchasing a property?

Yes, there are several ongoing costs. You will be responsible for the annual property tax, which is a small percentage (0.1% to 0.2%) of the property’s declared value. You also need to pay for utilities such as electricity, water, and gas. If the property is in a building complex, you will have to pay monthly communal maintenance fees (aidat) to cover services like cleaning, security, and pool maintenance.