UAE to tax foreign owners of property

ABU DHABI 9 June 2023: Foreign companies and other non-resident juridical persons will be subject to UAE Corporate Tax on income derived from real estate and other immovable property located in the UAE and will […]

31% of ultra rich plan to buy at least one home

DUBAI 25 February 2021: Some 31 per cent of ultra rich in the Middle East are likely to invest in property compared to 26% ultra-high-net-worth individuals (UHNWIs) globally. According to Knight Frank’s forthcoming edition of […]

UAE property market stays tenant-favourable: JLL

DUBAI 19 October 2020: Sectors across the UAE’s property market continue to be tenant-friendly in the third quarter of 2020, according to JLL’s latest UAE Real Estate Market Performance report. Dubai’s office market saw its […]

Select UAE communities buck realty downtrend

DUBAI 15 January 2019: Prices and rents have extended their decline but select communities bucked the trend, according to the 2019 UAE Property Market Report by Cavendish Maxwell. Average apartment prices in Dubai declined by […]