News
PW looks at the different ways taxes might impact the realty market It seems that there is no longer any doubt that with effect from January 1, VAT will be a reality in the UAE. The long-awaited UAE VAT legislation, namely Federal Decree Law (8) of 2017 (the VAT Law) is finally published and everyone…
Empowered tenants are reshaping real estate in Dubai The first half of the year was characterised by falling prices across all market segments following the completion of several new projects, which caused a state of oversupply in some parts of the market. Following declines across all segments in the third quarter of 2016, the year…
Farhad Azizi is banking on a wealth of opportunities created by the World Expo 2020 for residential real estate Probably best known for its extensive portfolio of eight completed apartment buildings named after flowers (Yasamine, Feirouz, Iris, Orchid, Liatris, Tulip, Daisy and Freesia) in Dubai’s Al Furjan district, Azizi Developments has more feathers in its…
Of the 995 units sold at the master-development this year, 659 were apartments Dubai: A location in Dubai featuring Dh90 million mansions under development is generating a lot of buzz for its apartments too. Of the 995 off-plan units sold at MBR (Mohammad Bin Rashid) City in the year to date, 659 have been apartments….
Owning a home is a keystone of wealth… both financial affluence and emotional security.