Retail space in MBR City, Dubai, UAE

Additional information is provided after the signing of an NDA

Retail space in MBR City, Dubai, UAE

$839,000
$18,644 /m²
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  • Total area
    45 m²
  • Built in 
    2021
Details
Property parameters
  • Total premises: 1
Transaction costs
  • Broker: 2.0%

Description

Commercial premises with a total area of 45 m².

The property is located in a residential building with 50 apartments built in 2021.

Transaction costs

Federal tax (VAT) — 5%.

Registration fee (Dubai Land Department transfer fee) — 4%.

Brokerage fee — 2%.

Location and nearby infrastructure

The property is located in the MBR City.

  • Business Bay 10 km
  • Burj Khalifa 10 km
  • Airport 15 km
  • Mall of the Emirates 18 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.

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If this property wasn’t for you, take a look at other retail space for sale in Nad Al Sheba 1.

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