Dubai stands out as a prime destination for real estate investors due to its attractive fiscal environment. However, to maximize profits and avoid unpleasant surprises, it is essential to understand the taxes and fees associated with real estate in this dynamic city. Here is a comprehensive overview of what you need to know before investing. […]
In December 2024, the United Arab Emirates (UAE) announced a significant new tax measure: the introduction of a 15% tax on large multinational companies operating within its borders. This change, which has been anticipated for some time, marks a turning point in the country’s tax policy, traditionally known for its low-tax environment, especially the absence […]
Moving to a new country is an exciting adventure, but it’s essential to understand the cost of living. If you’re considering settling in Dubai in 2024 for professional opportunities or to start a business, here’s a detailed guide to the financial landscape you can expect in the UAE. Why Choose Dubai? Dubai continues to attract […]
In Dubai, many residents are required to pay their rent via post-dated cheques, often for periods ranging from three to twelve months. However, in recent years, a more flexible and modern alternative has emerged: paying rent via direct debit. This method is convenient and secure, meeting the needs of a modern lifestyle while simplifying financial […]
Converting residential properties into commercial spaces in Dubai can be a lucrative strategy for property owners looking to maximize their income. However, this process involves several legal considerations that must be carefully assessed and adhered to. Here are the essential steps to follow for a successful conversion. Step 1: Understanding Dubai’s Legal Rules The first […]
