Factors Enabling the UAE’s Unique Economic Position 1. Hydrocarbon wealth: The backbone of the UAE’s economy is its abundant oil and natural gas reserves. The country possesses approximately 97.8 billion barrels of proven oil reserves, which is about 5.9% of the world’s total reserves. In 2023, the UAE produce around 3.2 million barrels of oil …
Have you ever considered buying a property in the UAE to live in or invest in? Have you wondered whether foreigners are eligible to buy properties in different Emirates here, especially Dubai? If any of these questions came to your mind, then this article is definitely for you! It will give you all the answers …
From the world’s tallest tower to a man-made, palm tree-shaped archipelago, Dubai never fails to enchant and amaze. This is true not only for expats looking to live and work in Dubai, but also for a growing number of investors who are becoming increasingly interested in dip their toes in Dubai’s property market. Here’s why. …
Why invest in Dubai’s real estate market in 2023 Read More »
There is more than one advantage to buying real estate in the UAE and of course living in this incredibly beautiful and wealthy state. The most significant is the absence of tax on the purchase of real estate and the rapidly rising prices for projects. As an example, you can buy housing at the development …
1. What Is the Law Behind Buying a Property in Dubai? Law No. 7 of 2006 is the main reference and regulation regarding owning property in Dubai. The law entitles UAE and GCC residents to buy property anywhere in Dubai. As for the foreigners, they can buy their property in areas designated as freehold or leasehold. …
A Guide for the Legal Procedures to Buy Property in Dubai Read More »
This is AQA Properties in Dubai
