VAT Has Limited Impact on Real Estate Sector

The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on the real estate sector. FTA and DLD have stated that all real estate transactions, with the exception of ... ( read original story ...)

Ahead of Expo 2020, Dubai Gets a Makeover

will have views of Downtown Dubai and The Dubai Creek Tower Emaar Properties “The Expo for me personally is an opportunity for this incredible city to display its unique qualities to the world,” says Jason Hayes, founder and CEO of Luxury Property ... ( read original story ...)

Abu Dhabi’s Aldar and Dubai’s Emaar form $8bn property JV

Abu Dhabi's Aldar Properties and Dubai's Emaar Properties – two of the UAE's largest real estate developers – have created a joint venture (JV) worth $8.1bn (AED30bn). An agreement was signed between Emaar chairman, HE Mohamed Alabbar, and Aldar ... ( read original story ...)

VAT to have ‘limited’ impact on Dubai’s property sector

The recent introduction of value added tax (VAT) in the UAE is expected to have only a “limited” impact on Dubai’s real estate sector, according to the Federal Tax Authority (FTA) and Dubai Land Department (DLD). The UAE began implementing VAT at a ... ( read original story ...)

Emaar Properties : Abu Dhabi advance while region dips

Dubai: Dubai dropped 0.3 per cent yesterday as financial and construction stocks weighed on the index while Abu Dhabi gained 0.2pc with support from consumer and telecoms stocks. Emaar Properties closed 0.5pc up after finishing near a 20-month low on Sunday. ( read original story ...)