Businesses in the UAE must strictly follow the Federal Tax Authority (FTA) tax return guidelines to avoid complexities in tax filings. Inputting incorrect information can significantly increase the complexity of the process, leading to errors and potential penalties. The
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Luxury Rentals Still Demand $10,000 Per Night for Last-Minute Bookings. Dubai: Travelers booking holiday homes in Dubai for the busiest week of the year are pleasantly surprised. Many are finding that short-term rentals in popular locations to celebrate the
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Discover Detour Destinations and TV Show-Inspired Hotspots Shaping 2025 Travel Trends. Dubai: In an era defined by FOMO (fear of missing out), social media often paints a picture of everyone embarking on exotic adventures. Iconic destinations like Bali’s lush
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Revenues from UAE operations alone hit Dh7.1b, fueled by new project launches driving strong sales. Dubai: Emaar Properties has delivered impressive results, with H1-2024 revenues rising 17% to Dh14.4 billion, leading to a net profit before tax of Dh7.8
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The difference is no longer just about big price gaps between off-plan and ready-to-move-in homes. Dubai: The difference between the prices of new off-plan properties and those in the secondary market is growing significantly in Dubai’s real estate sector.
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Steady Advancement in Turnaround Strategy with Focus on Cost and Debt Management. Dubai-based Union Properties announced a net profit of Dh18.37 million for the third quarter of 2024, reflecting a slight decrease from last year’s Dh19.73 million for the
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Developers Should Think Beyond Payment Plans. In Dubai’s property market, affordability remains a key topic that cannot be ignored. For many potential buyers, affordability became a major concern again due to inflation in 2023. Housing has not been this
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Landlords with older properties must provide clear justifications for increasing rents. Dubai: Tenants in Dubai can look forward to greater transparency in rental adjustments and reduced chances of facing arbitrary hikes once the new digital rental index becomes operational
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Tata Group’s Indian Hotels Company Limited (IHCL), operator of Taj, Vivanta, and Gateway brands, is advancing its UAE and GCC footprint with a strategic approach. IHCL is focused on expanding in markets with a strong Indian diaspora, robust airline
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Protecting Your Assets to Prevent Complications and Ensure Your Family’s Future. Dubai: Purchasing your ideal apartment or villa in the UAE is a significant achievement, likely anchoring your long-term plans to reside here. However, there’s one crucial step remaining
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