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Sunday, May 28, 2023

UAE announces rules on tax and real estate

The decision provides guidance on whether real estate assets will be considered for taxable purposes and how companies can provide an accurate balance sheet...

UAE megaprojects 2023: 26 new developments in Dubai, Abu Dhabi

The skyline across the UAE is forever evolving, with new communities, new towers and even new islands coming to fruition. The changes in the past...

Dubai realty records over AED1.7bn transactions on Monday

Dubai real estate market recorded 599 sales transactions worth AED1.34 billion, in addition to 86 mortgage deals of AED268.57 million, and 152 gift deals...

UAE: Real estate firm sues tenant for Dh300,000 after he ‘abused’...

A real estate company in Abu Dhabi had sued its tenant demanding that he pay Dh300,000 for abusing and insulting its employees via emails. The...

Sharjah records AED2 billion real estate transactions in January

Sharjah has recorded 2,999 real estate transactions worth AED2 billion during January 2023, according to the monthly report published by Sharjah Real Estate Registration...
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UAE: Top businesses to start in 2023

With a GDP growth of 7.6 per cent in 2022 and a projected growth of 4.2 per cent in 2023, the UAE’s economy is...

Aldar to debut in Dubai real estate market

Aldar Properties and Dubai Holding have announced the signing of a binding joint venture agreement to develop new living experiences across prime locations in...

Dubai sees the completion of 55 real estate projects worth AED11.9...

Dubai’s real estate sector ended another exceptional year with annual transactions setting new records, marking the sector as a major contributor to the goals...

Dubai’s annual real estate transactions cross half a trillion dirhams in...

Dubai's annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022. Maintaining its exponential growth...