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Rental index for 2018

Dubai Land Department has updated its rental index for 2018 and added a new land rent index.

The index is used to determine rental rates for various types property in Deira, Bur Dubai and freehold areas in the emirate

18 November 2017 Aeon Category: Dubai, Real Estate

Our blogs

VAT on real estate

The UAE will start implementing a value added tax (VAT) rate of five per cent from January 1 2018, and businesses in the first phase can start now registering on the website of the Federal Tax Authority (FTA). As the real estate sector affects most expat lives in the UAE, let us take a look at the implications of the new levy on this industry.

18 November 2017 Aeon Category: Dubai, Real Estate

Media

Off-plan property market

The Dubai off-plan property market is booming. Although developers claim they have adjusted their build portfolios to meet affordability issues of low to mid-income end-users, it has been observed that investors are, in fact, lapping up a majority of these newly launched off-plan properties.

18 November 2017 Aeon Category: Dubai, Real Estate

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