Real Estate

Dubai real estate tax rules in focus as Land Department announces FTA partnership

Dubai Land Department and Federal Tax Authority team up to ensure correct tax collected in Dubai real estate salesDubai real estate tax rules will be made clearer as the Land Department teams up with Federal Tax Authority to streamline VAT collection on property sales. The Federal Tax Authority (FTA) and the Dubai Land Department have strengthened their strategic partnership to provide innovative...

Gitex Global 2024: DLD launches Dubai Market Intelligence Dashboard

The dashboard provides a comprehensive overview of all real estate listings online, whether for sale or rent On the sidelines of the exhibition, DLD will sign several agreements with both the public and private sectorsThe Dubai Land Department (DLD) showcased its key achievements in real estate governance and cutting-edge digital solutions as it participated in Gitex Global 2024.Dubai Market Intelligence...

Dubai Entrepreneur Mohammed Zohaib Launches MZ Realty

MZ Realty is a new platform that aims to reshape the investment landscape through innovative approaches like Fractional Investment. It focuses on real estate investment, property sales, and management in Dubai’s booming property market.United Arab Emirates - October 15, 2024 Leading real estate entrepreneur Mohammed Zohaib announces the launch of MZ Realty, a platform specializing in fractional...

My Dubai Salary: ‘I set aside 5% of my Dh13,500 earnings to invest in gold’

Muskkan Chelani, a real estate marketer, invests in Indian stocks, gold and a clothing businessMuskkan Chelani, who works as a marketing manager at a Dubai-based real estate company, realised she needed to be financially independent at the age of 16 when her family were going through a hard time.She used her enterprise to design and sell event invitations and gradually scaled up her skills to bag...

$680 billion by the end of the year, market insight poise to reach with the residential market alone accounting for $390 billion

Dubai property developers target young professionals and the rapidly growing middle class with affordable housing amid rising rents.The Dubai real estate sector is seeing a shift towards mixed-use developments of late that combine residential, commercial, and leisure spaces amidst talks about a moderation in the market growth rate, industry experts said.Besides, affordable housing is emerging as the new...

New Dubai project to fund food needs of low-income families

Dubai: A new initiative to establish a sustainable charitable endowment to support the food needs of low-income families was launched in Dubai on Sunday.The Endowments and Minors’ Trust Foundation in Dubai (AWQAF Dubai), in collaboration with the Community Development Authority (CDA), launched the ‘SANED’ initiative through Dubai’s Community Contributions Platform, Jood. Proceeds from this...

New affordable luxury project launched in Dubai

AFM Properties, a UAE developer, has launched its latest project in Dubai.Bonito Residences promises to make luxury living more accessible with affordable, and features state-of-the-art amenities.Maqsood Muhammed, Founder & CEO of AFM Properties, said: “Our goal is to set new standards in Dubai's real estate market by offering innovative solutions and delivering lasting value to our clients....

Dubai real estate: Union Properties announces $544m Takaya development in Motor City

Union Properties unveils $544m Takaya development in Dubai Motor CityUnion Properties has officially launched its new $544m Takaya project in Dubai Motor City.Takaya sets a new standard in the mid-to-high range segment, promising exceptional living experiences for its residents.The launching ceremony was held at the Ritz Carlton DIFC, in the presence of Eng. Amer Khansaheb, Chief Executive Officer and...

Mighthouse Realty LLC Leads the Way for Global Investors in the Off-Plan Property Market of Dubai

United Arab Emirates - October 13, 2024 —Amid the ever-changing Dubai property market, off-plan properties remain a key investment option for local and international investors. Mighthouse Realty LLC, established in 2023, aims to be among the best off-plan property brokerages. They offer a complete package of services, making the entire process from purchase to handover smooth and easy.The trend of...

DAMAC reveals new nature-centric community, DAMAC Sun City in Dubai

The community is DAMAC’s fifth master development, and the second one launched in six months of this yearIn line with the UAE’s vision to elevate the aspirations of its people and improve citizen well-being, DAMAC Properties has launched its fifth master community, DAMAC Sun City. Situated in Dubailand, this new development promises a distinctive fusion of wellness-oriented living, nature, and...

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