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Indian and Pakistani Expats in Top 10 Investors in New Businesses & Properties in Dubai

When we talk about the population of Dubai, there’s nothing concealed that more than 80% of the population is non-native residents. Out of which 65-69% of the population comprises Indian and Pakistani expats. Indian and Pakistani expats are also in the list of top 10 investors in businesses and properties in Dubai. Dubai is a […]

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Best Skyscrapers to Buy Penthouses in Dubai

Best Skyscrapers to Buy Penthouses in Dubai

The sumptuous architectures and fascinating tourist destinations have set a benchmark in the world, depicting the exuberant lifestyle of Dubai. You get to attain penthouses in Dubai in few of the world’s best skyscrapers providing you with a comfortable residence and stunning sights of Dubai. The glamorous city has a big heart to welcome people from […]

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Real Estate Agents in Dubai-All you need to know

Real Estate Agents in Dubai-All you need to know

What do You need to Know about a Real Estate Agents in Dubai Pondering upon property decisions in Dubai? The real estate agents play a fundamental role in arranging a property for you that fits your requirement, and a property that is free from any legal complications. The real estate sector in Dubai is witnessing […]

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8 Facts You Don’t Know about Dubai Real Estate- ezEstate

8 Facts You Don’t Know about Dubai Real Estate- ezEstate

8 Facts You Don’t Know about Dubai Real Estate- ezEstate .Many of us don’t know the real estate facts about, apparently the most fascinating place in the world, Dubai. ezEstate brings you a comprehensive list of the facts related to real estate in Dubai. No Property Tax Imposed 8 Facts You Don’t Know about Dubai […]

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Damac net profit clocks in at Dh2.3 billion, while sales gain 13% to Dh6b

Damac net profit clocks in at Dh2.3 billion, while sales gain 13% to Dh6b

  Dubai: Revenues came in higher for Damac Properties at Dh5.8 billion in the first nine months, against Dh5.12 billion a year ago, but net profit took in a decline to Dh2.3 billion from Dh2.84 billion. Gross profit was at Dh2.9 billion. But there were enough signs of a strong and sustainable income flow for […]

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Value of property shares on UAE stock markets surges to Dh43.8bn in 9 months

Value of property shares on UAE stock markets surges to Dh43.8bn in 9 months

  The value of real estate shares traded on UAE stock markets during the first 9 months of 2017 amounted to AED43.8 billion, accounting for 34.6 percent of the total transactions conducted on the country’s two main bourses since the beginning of the year, which is estimated at AED126.6 billion. The growing trading share boasted […]

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VAT 1st January 2018 – How is property involved?

VAT 1st January 2018 – How is property involved?

  The VAT treatment of real estate will depend on whether it is a commercial or residential property. Supplies (including sales or leases) of commercial properties will be taxable at the standard VAT rate (i.e 5%). On the other hand, supplies of residential properties will generally be exempt from VAT. This will ensure that VAT […]

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