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Tax on rental income is low in Dubai

Rental Income: There is no income tax, but that is slightly misleading, as there is a 5% tax on residential leases, assessed on the rental income.

Capital Gains: There is no capital gains taxation in Dubai.

Inheritance: The thorny issue of inheritance has caused a lot of debate. It is hoped that the position will be clearer once the new Land Law is enacted.

Residents: The Residents' visa renewal fee is AED1,360 (US$370) every three years per person.

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Comments

#1 DUBAI PROPERTY | August 15, 2010

I would like to comments on the above subject theist the dawn fall in the real estate sector has been in force due to the Government policy which is not consistence in line with the world market. some time the Government made regulations and overnight they changed it. The Government should adopt a fair policy in all the sectors. The confidence of investors has been lost and it would take long time to correct the same http://www.bayut.com/rent.html

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