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VAT and the owners’ association

Home owner

VAT and the owners’ association How are property managers affected by the new tax scheme? We ask the experts While OA collections could increase with the inclusion of VAT, analysts say the extra cost on homeowners is minimal Owners’ associations (OA) have been in a somewhat tricky position since the introduction of value added tax…

Aldar, Emaar partner for ‘new era’ destinations

Dubai offplan expansion

Aldar, Emaar partner for ‘new era’ destinations Aldar and Emaar will use their combined resources to create the “next era” of mixed-use destinations to “shape the UAE’s ever-evolving skyline.” The joint venture has targetted Dh30 billion worth of projects in the UAE as well as in international markets. “We have great ambitions and we are…

DIFC’s ‘The Exchange’ is completed

Dubai DIFC

DIFC’s ‘The Exchange’ is completed Dubai International Financial Centre announced on Saturday the completion of ‘The Exchange’ building. Located in DIFC’s Gate Village, The Exchange is a nine storey building with a total leasable area of 147,000 square feet.  The development also includes ‘The Exchange Square’, a landscaped piazza, serving as an extension of the…