Announcement from the Walt Disney Company and Miral – a new Disney theme park in Abu Dhabi. The reveal of a new Disney theme park in Abu Dhabi represents a watershed moment in the entertainment industry in the Middle East. Disney’s seventh international resort and its first in the region, this attraction is on the verge of producing long-lasting effects, specifically for the real estate industry in Dubai.
The UAE Federal Tax Authority (FTA) released a primary clarification on corporate tax regulations for real estate investors, most importantly those who deal with Real Estate Investment Trusts (REITs). This step is intended to bring transparency and guidance to resident and non-resident investors as they cope with the changing tax environment in the UAE’s real estate market.
Lots of people from all over the world like to buy property in Dubai. Why? Dubai has cool buildings. You can often make good money there, and the rules are also suitable for people who purchase property.
When you buy property in Dubai, you have two main choices:
