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Many investors in the UAE property market buy to let – that is they acquire property for the purposes of renting it out to generate returns. Letting costs are relatively low in Dubai, which can produce attractive rental yields in many cases. ... Read more
Clients often ask about the option of gifting their Dubai property to a third party. What they usually have in mind is transferring title in the property to someone else, but on the basis of a gift transaction, rather than ... Read more
Once you’ve chosen your property, whether it’s for your own use or to rent out as an investment, you should think about how to structure that ownership. There are various options, and here we will look at owning in your individual name, in joint names, or ... Read more
Those of us living and working in Dubai have now all entered a brave new world – one where a 5% rate of VAT applies to the supply of goods and services, unless they are specifically zero-rated or exempt. But how does this tax affect those involved ... Read more