You may have already heard that you don’t have to pay income tax when you resell real estate. The yield on local real estate can reach 10% per year, while in London and New York, it does not exceed 4–5%.
The Emirate of Ras Al Khaimah is becoming one of the most popular tourism and investment destinations in the Middle East.
Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.
In recent years, Dubai has emerged as a prominent player in the global crypto and blockchain industry. By 2024, the city-state had not only consolidated its position as a major financial hub but had also become a magnet for crypto investors and digital currency startups. The Dubai government actively promotes crypto industry development by implementing regulatory measures and fostering a conducive environment for cryptocurrency transactions.
Projections indicate that the real estate market in Dubai will persist in its development and consolidation in 2024. In recent years, the emirate has made significant investments in infrastructure enhancement and the diversification of its economy, rendering it an attractive hub for business and tourism. Consequently, demand for real estate in Dubai remains buoyant, particularly for commercial and residential properties in prime areas.
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In today’s world, Dubai is the pinnacle of vacation spots. The emirate, often known as the Venice of the Gulf, has everything you could want for a getaway, from natural beauty to breathtaking engineering feats…
The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.
The construction of Palm Jumeirah marked one of Dubai’s initial steps toward global recognition. The Crown Prince of Dubai, Sheikh Mohammed, pledged to create an artificial archipelago resembling a palm tree with 17 fronds by 2006. He aimed to transform the emirate into a premier tourist destination and luxury resort.
Dubai is one of the sought-after tourist destinations in the world and many people have expressed interest in purchasing property in the city. One way to do this is to purchase apartments in Dubai hotels. In this article we will look at how to purchase a room, what you should pay attention to, and also consider the pros and cons of this type of investment.
Emaar Properties is one of the largest property developers in Dubai and one of the most recognized brands in the real estate industry. The company was founded in 1997 by the owner of the Emirates Corporation Dubai Holdings, Mohamed Alabbar. Since then, Emaar has become an iconic symbol of Dubai’s ambitions to develop the city into an international hub for business and tourism activities.
The Edge residential complex under construction is two multi-story towers from the Select Group company, located on the banks of the Dubai Canal in the Business Bay area. They offer apartments with 1 or 2 bedrooms. The complex has all the conditions for a comfortable stay. Residents have access to a wide range of additional services. The territory is closed from unauthorized persons; the security service is responsible for security.
Since 2019, foreign citizens can fully own real estate in special freehold zones in the UAE, resulting in a growing number of home buyers.
The awards for Al Habtoor Tower and Serenia Living have sparked a new construction boom in Dubai. Experts say this is the best scenario for the UAE economy.
In this article we will know about the origins of the electronic tourist encyclopedia in Dubai, exploring both its creators and the timeframe of its inception.
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Dubai is well known for its opulent lifestyle and breathtaking vistas. Dubai lures millions of tourists each year with its towering buildings, lavish malls, and man-made islands. But there’s a lot more to this metropolis…
Amusement parks are a popular way to diversify a beach holiday in Dubai. The UAE is a country where everything is organized to the highest standard and places for entertainment are no exception.
Over the past 50 years, few places on Earth have undergone as drastic a transformation as the United Arab Emirates.
Bur Dubai and Deira are often confused, but both have many budget hotels and real estate options. Initially, the area in which Bur Dubai is located was the center of Dubai. However, today this area is located in the east of the city.
On October 14, everyone is invited to the Open House, where they will be able to view and buy luxury villas in the Garden Homes community on Palm Jumeirah.
The UAE is a favorite place for tourists to visit. In addition to the fact that it is very beautiful and everything is literally saturated with the smell of money, the place offers wonderful resorts for vacationers.
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.
It is no secret that in the United Arab Emirates, the situation with public transport is not perfect, not counting the emirate of Dubai. However, the most comfortable option for moving around the city is a taxi. This article will discuss how to rent a car with a driver in Dubai and the United Arab Emirates.
When planning a trip to Dubai, it’s worth thinking about how you’ll travel from one place in the city to another. It is known that the emirate of Dubai is not very developed in terms of walking, moreover, the city is very hot, so the best way to get around is by taxi.
Dubai is expanding every year. There are regular new areas and residential complexes that attract tourists and expats with unique architecture, developed infrastructure, and comfortable conditions.
The types of real estate investment in Dubai available to foreign investors, the potential yield from resale or rental, and the central myths about buying housing in the UAE.
Foreigners are massively buying up housing in the UAE to prepare the ground for relocation. At the same time, for those who only plan to move, it is not always clear in which area it is best to buy housing, how to find a specific object, and what to focus on in the choice.
Jumeirah Village Circle (JVC) is a freehold community located in downtown Dubai. This prestigious district, which began to develop in 2005, is growing rapidly, offering excellent infrastructure and being a comfortable place to live for working people, families with children, and businessmen. Due to the large selection of luxury real estate JVC is extremely profitable for investors. The excellent accessibility of the area enables easy access to any other business or residential sector in the emirate.
DAMAC Properties has been operating in the residential real estate market in Dubai since 2002 as a division of DAMAC Group, a multi-purpose enterprise founded in 1982.
Dubai is a modern and attractive metropolis that appeals to both business and leisure travelers. It is located on the Arabian Peninsula. Only 15% of the population are local residents, the rest are labor migrants. We tell you where it is better to live in Dubai and which areas in 2023 will be the most attractive for people who have arrived in the city for a long time.
The past two decades have seen significant fluctuations in the Dubai housing market. Between 2002 and 2008, the city experienced rapid growth and real estate prices quadrupled, making it one of the fastest-growing cities in the world.
