Property News
Latest property news & product launches
Soaring demand helps Dubai top list for luxury property transactions
Limited supply and rush of new buyers, including from Russia, drive high-end sales in the first quarter
Emaar Development: 28,000 residences under development in UAE; 9-month profit falls
The developer reported property sales of $1.182bln in the nine-month period
Dubai is No 1 Financial Centre in the region and 17th globally
Dubai notably ranked 11th in investment management, 15th in trading and 28th in financial technology.
Could The UAE Replace Hong Kong As Asia’s Financial Center?
Over 90% of the top regional CEOs of global companies are based out of the UAE. The UAE also has a good diplomatic relationship with China, the US, and Europe. The country is home to over 4,000 Chinese companies.
VAT in UAE: what is exempt and what is not
Selected supplies in sectors such as transportation, real estate, financial services will be completely exempt from VAT
The Federal Tax Authority (FTA) has announced the supplies that will be subject to Value Added Tax (VAT) as of January 1, 2018, revealing selected sectors that will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate.
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