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VAT Refund on Building New Homes for UAE Nationals

The Federal Tax Authority (FTA) has set three requirements and procedures for UAE nationals to refund Value Added Tax (VAT) incurred on the new...

European Hotel Operator Plans Beach Resort on Deira Island

Dubai-based master developer Nakheel is planning a new partnership with Austria’s largest independent hotel chain, Vienna House, to create a USD160 million, 600-room beachfront...

On The Market: Five Bed Private Luxury Villa with Swimming Pool

A brand new and ready for move in, Mediterranean style, five bed private villa with swimming pool and garden has come up on the market...

Dubai Residential Rents Stabilise for First Time in Two Years

Residential rents across Dubai registered no change during the first quarter of 2018, helping improve the annual rate of change to -3.1%, from -7.7%...

Most Sectors of Abu Dhabi Real Estate Market Remain Subdued

The hospitality market in Abu Dhabi registered a 5% increase in occupancy levels in the first quarter of 2018, according to JLL's Q1 2018...

Declining Sentiment Stresses Need for ‘Affordability’

Declining sentiment stresses need for ‘affordability’ across all real estate sectors The major theme for Q1 across the office, residential, retail and hotel sectors has...

AED 58 Billion Real Estate Transactions; Upsurge Expected

Dubai Land Department (DLD) has revealed that real estate transactions in Dubai for the first three months of 2018 (Q1 2018) totalled AED 58...

Abu Dhabi Real Estate Market Nearing Bottom

While the first quarter of 2018 has recorded a slowing rate of capital value declines across the UAE, developers of high end homes in...

New Attractive Off Plan Apartments Launched in Meydan

MAG Lifestyle Development launches fully-furnished MAG EYE studios from only AED 490,000 at International Property Show 2018 Starting from only AED 950 per...

Dubai Real Estate Market to Decline Further, Say Industry Professionals

Residential property prices registered 12 month decline of 2% on average while rents declined by up to 5% in some key areas Off-plan...

Marina Gate Apartments Ready for Handover

Select Group, one of the largest private developers in the GCC, has begun handover of The Residences at Marina Gate I in Dubai Marina...

Mandarin Oriental Hotel – Jumeira Beach Construction Nears Copletion

wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, has reached a major milestone at the Mandarin...

How Difficult Is to Find an Office for DIFC License

A few insider's tips on finding an office for DIFC license purposes Setting up a company in Dubai Investment Financial Centre has many advantages for multinationals...

Vida Za’abeel To Offer 360-Degree Views Of City’s Landmarks

Vida Za’abeel is at the heart of the Za’abeel mega-development by Emaar and Meraas, set directly by the Zabeel Park Emaar Hospitality Group, the hospitality...

VAT Has Limited Impact on Real Estate Sector

The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on...

Palma Holding Hands over Serenia Residences on Schedule

70% of units are sold and the community is welcoming its first residents to discover the ultimate in beachfront living Palma Holding, one of the...

How to Become a Real Estate Investor

Investing in real estate is generally considered a high-risk and high-return investment, yet it is one of the most preferred assets, especially for wealthy...

55% of UAE Homebuyers Look to Finance Their Homes

The sharp rise to 55% of buyers financing their home is a sign of maturity in the UAE real estate market, as more and...