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- According to a report published by the Department of Real Estate Studies & Research, Dubai Land Department (DLD), with an investment of over Rs 16,800 crore, Indians have emerged as the largest foreign investors in the city’s real estate sector in the first nine months of 2018. The prime factors attracting Indian buyers to the Dubai real estate sector include active promotion by Dubai-based developers, technological access for buyers through online portals, ease of property registration, assured capital gains, high rental yields, tax-free returns and affordability.
How VAT Impact UAE’s Property TransactionsIt is to be noted that there is no VAT payable on rental payment or capital transactions. However, there is an increase in the overall cost of living in terms of maintenance and servicing.
Now Is The Time For Global Investors To Foray In Dubai Real Estate MarketThe city rated among the top-ranking global destinations such as Singapore and Hong Kong and comes in the league of other developed cities such as New York, London and Tokyo, offers real estate at much competitive prices when compared to any of these cities.
Sharjah Takes Tenancy Contracts OnlineThe Sharjah City Municipality has gone online with tenancy contracts, a move aimed at reducing the use of paper, and a positive step towards saving time and effort for tenants.
Why Apartments In Dubai Sports City Are Treated Like Hotcakes?Dubai Sports City offers an urban mix of residential, commercial and recreational real estate. The five magnificent sports centres naturally pull the crowd to this locality.