Tag: residential

VAT in UAE: Key facts on real estate

VAT in UAE: Key facts on real estate The UAE will start implementing a value added tax (VAT) rate of five per cent from January 1 2018, and businesses in the first phase can start now registering on the website of the Federal Tax Authority (FTA). As the real estate sector affects most expat lives in […]

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Is too many off-plan launches a good thing for Dubai?

Is Too Many New Project Launches a Good Thing for Dubai? New project launches in Dubai continued unabated during the first half of 2017. Sixty-eight new projects worth Dh21 billion were launched during this period as per data from the Land Department. These new launches are the latest addition to what is already a significant residential […]

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Azizi launches two residential projects in Dubai’s Al Furjan area

Azizi launches two residential projects in Dubai’s Al Furjan area Azizi Berton and Azizi Pearl, both of which will be seven-storey buildings, will feature more than 500 residential units in total. Berton will boast 245 units, including 191 studio, 40 one-bedroom, and 14 two-bedroom apartments. Pearl will feature 260 units, including 192 studio, 54 one-bedroom, […]

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