When going on vacation to the United Arab Emirates, many people think about where and how to spend their vacation. This article presents to your attention the top ways to spend time in Dubai, one of the most luxurious cities in the United Arab Emirates.
In recent years, the real estate market in the United Arab Emirates has experienced significant growth. However, not every offer merits attention. Let’s examine the drawbacks of the race for new developments.
The UAE’s population is projected to increase by 92,756 due to migration. In other words, the number of permanent residents entering the country will exceed the current total number of residents.
We welcome all entrepreneurs and those dreaming of starting a business in the United Arab Emirates. Today, we want to share important information about tax incentives for businesses in Free Economic Zones (FEZs) in Dubai and other regions of the UAE.
The UAE became a federal state in 1971 with six emirates and a seventh joining a year later. The history of the UAE is characterized by rapid development; there is no other country in the world that has formed and developed into such a state in such a short time.
Most businessmen consider the UAE to be a perfect place for business development due to its favorable tax policy. However, there have been significant changes to standard tax procedures.
Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.
Over the past 50 years, few places on Earth have undergone as drastic a transformation as the United Arab Emirates.
News on Investments in EdTech Startups in the Past Week. We’ll tell you how to increase the volume of attracted investments.
+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.
The official state language in the Emirates is Arabic. All documents are written in modern Arabic, negotiations are conducted and information is reported to local media.
The real estate rental market in the UAE is breaking records year after year and has grown by tens of percent in 2023. The momentum will continue this year as the Emirates confirms its reputation as a global business hub. This factor, as well as tax preferences and quality of life, attract wealthy people around the world here, which increases the demand for real estate and rental rates.
Designed by the renowned Spanish architect Santiago Calatrava, known for his innovative designs, the Dubai Creek Tower represents a fusion of modern technology and aesthetic beauty. Its architectural concept, inspired by nature, captures the elegance of a blooming lily flower.
The Singing Fountain in Dubai is deservedly considered the best fountain in the world, as well as one of the main attractions of the United Arab Emirates. The fountain is located in the center of Dubai near the famous Burj Khalifa Tower, on a large lake that was created artificially. The fountain is a unique creation of human hands, and it can safely be called one of the wonders of the world.
We extend our welcome and are excited to present our latest analytical review. Bloomberg recognizes the Dubai market as one of the most promising and accessible globally. Dubai currently holds the fourth position in luxury housing offers. Russian investors took the lead in real estate acquisitions, spending over 800 billion rubles last year, according to expert estimates.
It was officially opened during the month of Ramadan in 2007. This is not only a place of worship and education for Muslims, but also a popular tourist destination that welcomes all.
The UAE is a country that, due to its favorable tax legislation, developed economy, and powerful IT infrastructure, has become an attractive hub for IT specialists, startups, and branches of IT companies from all over the world. This created non-trivial conditions for finding qualified personnel.
After the appearance of Bitcoin, it became clear that it does not provide true anonymity and sooner or later modifications of the cryptocurrency would be created. The emergence of a new sector of the crypto market was bound to cause concern among regulators.
We tell you how you can immerse yourself in one of the most popular, interesting, and profitable professions in the UAE. Do you want to be a realtor?
Throughout last year, there was a boom in the real estate market in Dubai and the entire United Arab Emirates (UAE). The rise is easy to follow by the numbers: in 2019, just over 36,000 real estate transactions were concluded in the emirate, in 2021 – 54,000, and 2022 – 86,000. The total amount of transactions amounted to $56.5 billion, which is 80% higher than the same figure in 2021.
Favorable tariffs for tourists and expats, speed and availability of the Internet in Dubai – we talked about everything in the article.
The Dubai World Cup, held annually in March, is one of the most anticipated nights on the horse racing calendar. This prestigious event brings together some of the world’s top equine talent to compete in…
Contrary to popular belief, Dubai’s economy is not dependent on oil production. From the 1960s to the 1990s, city accounts were replenished by the industry, but a huge portion of the income from the sale of resources was used as an investment in economic development. One of the key areas in which funds have been invested is trade; it remains the core of Dubai’s financial well-being.
An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.
Dubai has secured its position as one of the world’s top ten cities in the 2024 World’s Best Cities Report. Notably, it is ranked as the best place to live, visit, and invest.
Right now, the dynamic property market in the Emirate is witnessing the emergence of new trends that are shaping its landscape. These trends encompass migration patterns, changes in buyer demographics, luxury property transformations, resale dynamics, stability in the mid-market, and the infusion of new technologies into the home services sector.
When relocating to Dubai, families with children often encounter the challenge of selecting a suitable school. The emirate boasts both public and private educational institutions, with a particular demand for private international schools offering English-language instruction, facilitating seamless entry into global universities.
We will explore how the installment plan system works in Dubai, the conditions offered by developers, and answer the question of what consequences are possible if payments are made late.
Ras Al Khaimah, the Northern Gem of the UAE, emerges as a prime destination for real estate investors. With burgeoning development, the emirate presents lucrative investment prospects, attracting both local and international interest.
Dubai, one of the most impressive cities globally, is renowned for its unique projects, and Palm Jebel Ali stands out as one of the largest artificial islands with grand prospects. The new palm-shaped island aspires to replicate the success of Palm Jumeirah, which has become an integral part of the city’s landscape. Let’s delve into the details of this exciting project.
