When you open a business in the United Arab Emirates, it is important to understand that choosing a free trade zone (FTZ) is not just a formality. This is a strategic decision because a mistake here can result not only in loss of time, nerves, and extra money but sometimes in the destruction of the entire business. Before you sign the documents and invest in a license, let’s discuss how to prevent your dream from turning into a nightmare due to the wrong choice of FTZ.
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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…
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Dubai, known as the “City of Cities,” has transformed from a minor desert port into one of the world’s most remarkable entertainment destinations. The emirate now hosts a wide array of world-class sporting events, including…
The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.
Today we would like to share important information about the business licensing process in the UAE. This stage is key when starting a business in this country, and a competent understanding of all aspects of licensing can greatly facilitate your task. Keep in mind that having a license will allow you to conduct business activities in the Emirates following the law.
Dubai is not the lifeless desert it was once thought to be! The Emirates have debunked the stereotype that their land is uninhabitable. They have built the world’s tallest building on shifting sands and created oases of greenery, defying nature. The desert has transformed into a Garden of Eden, and here are the five greenest and most environmentally friendly areas of Dubai, where living is comfortable even at +40 degrees.
In this article, we will summarize the key calendar events that are worth noting for successful business in this region.
One method to secure a residence permit in the United Arab Emirates (UAE) and attain tax residency is by either establishing a new business or acquiring an existing company. The decision between these options is…
A steady flow of wealthy clients ensures high demand for real estate in Dubai, especially in the prestigious segment. The reasons for Dubai’s attractiveness are numerous. Firstly, the country is the world’s largest transport hub for global imports and exports, from Europe to Asia. The ideal location in the region ensures efficient and profitable planning of logistics flows. You can cross two-thirds of the planet in eight hours by plane from the Emirates, and the country has some of the busiest shipping and airports in the world.
The United Arab Emirates (UAE) is a sought-after destination for business, but cultural nuances raise concerns among international observers. Divergent ratings portray a complex picture, with some highlighting women’s protection and others pointing to discrimination.
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.
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.
The evolution of Dubai into an aviation hub stands as a testament to Sheikh Mohammed’s belief in the power of competition. This principle has played a pivotal role in propelling the country to unprecedented prosperity.
The real estate market in this small emirate has become a focal point for global investors. According to the Dubai Land Department, there were over 61,000 transactions from January to June 2023, a significant 43% increase compared to the same period last year.
Traffic rules in the Emirates are practically no different from the rules of Western countries. The road system in the Emirates is right-hand drive.
The real estate market in Dubai has experienced a significant increase in 2021-2022, with prices rising over 30%. This trend is expected to continue as demand for local houses and apartments remains high. In the first quarter of 2023, there were over 30,000 real estate transactions, indicating a strong interest in the Dubai real estate market. This also allows us to make bold forecasts for further growth and expect new records this year.
The UAE residential real estate market continues to develop rapidly. Developers are launching new projects aimed at a premium audience. In partnership with Marriott International, MAG Group is constructing the Ritz-Carlton Residences. The opening event will be highly anticipated in Dubai.
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.
Dubai is a city that most people associate with luxurious living. Outstanding scenery and developed infrastructure have made Dubai a popular destination for families looking for a new home. The city is characterized by a wide selection of real estate, including villas, apartments, and townhouses. So families can find properties that suit their budget and lifestyle. Let’s look at Dubai’s main real estate options for different budgets and lifestyles with prices in dollars.
The United Arab Emirates has a large number of exciting entertainment options provided to visitors. Sea diving is extremely popular here. There are several diving spots along the coast of the Emirates. You should definitely try sports and extreme diving during your trip to Dubai.
Free trade zone in Umm Al Quwain (Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic government project. Moreover, the primary objective of this zone is to promote entrepreneurial activities and furnish business owners with a convenient infrastructure for effectively operating their businesses.
Dubai today is one of the largest cities in the United Arab Emirates. In addition, Dubai is the UAE’s most important commercial and financial center, with an administrative center and deep sea port.
If you have UAE citizenship, there are really a lot of privileges. After visiting an Arab resort, many foreigners desire to immigrate to this country. Thanks to the work of the authorities, social policy is actively developing. The educational and healthcare sectors in the country are also developed.
Long-term rent is usually chosen by couples of different ages. They most often prefer double apartments on the territory of the family community with a developed social infrastructure and places for entertainment.
We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.
We calculated the cost of moving to Dubai, including document design, necessary requirements, rental prices, and first-month expenses.
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Since the beginning of 2022, real estate prices in the UAE mega-cities doubled, and demand exceeded supply. In the UAE, federal and regional taxes may differ and it depends on the emirate. The choice between the free zone and the rest of the territory depends on nationality, the company’s physical presence in the UAE, profit margins, the presence of exports, and its nature.
In 2022, Dubai’s real estate market experienced a boom in demand from foreign buyers. The investment increased by 80%. Wealthy investors are attracted by the most expensive and fashionable locations, where you can earn on a 30-40% rise in property prices or get a stable rental income in a few years.
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.
