Description
Commercial premises with a total area of about 140 m² in a new residential complex in Business Bay. The building consists of 26 floors and includes 300 apartments.
Completion: June 2023.
- Federal tax (VAT) — 5%;
- Registration fee (Dubai Land Department transfer fee) — 4%.
- Brokerage fee — 2%.
The complex is located in one of the most sought-after business districts and tourist centers of Dubai — Business Bay. The area is distinguished by its proximity to the main transport arteries of the city and developed infrastructure. Business Bay has been repeatedly voted the best investment property area in Dubai.
- Dubai Water Canal 1 km
- Dubai Mall 2 km
- Burj Khalifa 2 km
- Jumeirah Beach 10 km
- Airport 10 km
Dubai is the largest city in the United Arab Emirates, the administrative center of the emirate of Dubai, the most important commercial and financial center of the UAE and the entire Middle East.
Dubai does not have some significant types of taxes: corporate income tax, capital gains tax, personal income tax, as well as tax on repatriation of income. The UAE also has double tax treaties with more than twenty countries around the world. Free economic zones (FEZ) are of great value in doing business in Dubai. The offshore zone is located in the Jebel Ali area.