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VAT will attract more global investors to UAE realty

Real estate

The levy is expected to increase transparency, considering the rigid audit requirements When value-added tax (VAT) was introduced in the UAE and Saudi Arabia on January 1, 2018, initially stakeholders were wary on the potential impact of the new tax policy on the economy. A study conducted by Alliance Business Centers Network said that the…

Dubai’s warehouses and staff accomodation pique investor interest

Warehouses

Dubai: Want double-digit returns on investments in Dubai real estate? Then you should be looking at the warehouses and other industrial assets the city has to offer. And its workers’ accommodation too. “Returns are still in double-digits on these type of assets while those for a simple residential building are much lower,” said Vivek Kumar,…

Tips when investing in rental property

Property for rent

Buying a rental property can be a lucrative proposition as it offers a steady income almost instantly. However, this could turn into a nightmare without proper due diligence. The first thing one needs to do is to check the validity of the title deed and ensure the seller is the real owner of the property….

How property management benefits landlords, tenants

Property management

You’ve probably heard of property management, but do you know what the actual benefits of such an arrangement actually are? There’s a multitude of benefits for both parties involved in the contact – both the landlord (property owner) and the tenant. With more savvy tenants than ever before, many actively seek out rental arrangements made…