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The tax will go into force effective January 2018 The Ministry of Finance, MoF, Monday announced that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, signed the Executive Regulation for the Federal Decree-Law No. (8) of 2017 on Value Added Tax, VAT. The Regulation…
Propertyfinder data shows that in some areas, property owners are paying three times as much as others in the neighbourhood Dubai property owners are paying as much as three times more than their neighbours living nearby to live in popular luxury high-rises, according to new statistics from Propertyfinder Group. In Dubai Marina, which Propertyfinder says…
With 2018 just a month away, it’s time to do a recap of the year gone by. Off-plan sales and generous payment plans by developers were the dominant themes in the Dubai property market. The popularity of off-plan sales, however, came at a price, with the secondary market taking a hit. Although the city witnessed…
The ripple effect of positive trends will benefit property in nearby markets Dubai’s real estate market continues to lead the region in defining trends that then percolate to nearby markets. Let’s investigate these trends by looking at the macroeconomic picture – which delivers a more integrated and holistic view than what analyses predicated on market…
Owning a home is a keystone of wealth… both financial affluence and emotional security.