Villa in Dubai Sold for Dh 125 Million, A Record-Breaking Sale in Jumeirah Bay
In a groundbreaking deal for Dubai’s luxury real estate market, an off-plan villa in Jumeirah Bay has been sold for a staggering Dh125 million. The five-bedroom, 15,000-square-foot property, part of the prestigious Sea Mirror development, is set to be handed over in early 2026. The villa was purchased by a European ultra-high-net-worth individual (UHNWI), […]
Sharjah Islamic Bank Launches Part-Time Employment Initiative to Empower Students
Sharjah Islamic Bank (SIB) has officially launched a part-time work initiative, providing university students and recent graduates with valuable employment opportunities. The initiative, introduced on 23rd September 2024, aims to integrate young talents into various departments across SIB’s branches, helping students gain practical experience while managing their academic commitments. This move aligns with SIB’s […]
High Rental Yields and Tax-Free Opportunities Drive Indian’s Interest
Dubai’s real estate market has long attracted global investors, but in recent years, it has seen a marked surge in interest from wealthy Indians. With the allure of high rental yields, tax-free property investments, and the added benefit of the UAE Golden Visa, Dubai is becoming a prime destination for Indian investors looking to expand […]
Revolutionary AI-Powered Trade Licensing in Sharjah Cuts Approval Time to Just 5 Minutes
Sharjah has made global headlines by launching the world’s first AI-powered trade license issuance system, enabling entrepreneurs and investors to obtain a trade license within just five minutes. The groundbreaking initiative, announced at the Sharjah Investment Forum (SIF 2024), marks a significant milestone in AI technology in trade licensing, simplifying the Sharjah business license […]
Emaar’s New “Super Tower” Aims to Surpass Burj Khalifa
Dubai’s skyline is set to receive another architectural marvel as Emaar Properties, the developer behind the iconic Burj Khalifa, announces plans for a new “super tower” in Dubai. Designed to rival the Burj Khalifa, which has held the title of the world’s tallest building since 2010, this new skyscraper promises to set new benchmarks […]
UAE Amnesty 2024 Offers Relief for Expired Visa Holders
In 2024, the UAE announced a new amnesty program designed to help individuals with expired residence and visit visas regularize their status without facing penalties or legal repercussions. This initiative is part of the country’s broader commitment to ensuring an inclusive society where all residents and visitors can live and work within the legal framework. […]
UAE Leads Tech Investment in 2024 Despite Global Downturn
New statistics reveal that the UAE innovation and startups ecosystem proved resilient by recording an 11 % year-on-year (YoY) deal flow growth rate in H1 2024. It remained among the few markets in the region that registered YoY growth in the number of deals, which has been the latest trend. As of the latest […]
Dubai Real Estate Market Surges with $4.2 Billion in Transactions Last Week
Key Property Sales and Mortgage Deals Drive Dubai’s Booming Real Estate Market The Dubai real estate market continues to showcase its robust performance, recording over AED 15.06 billion ($4.2 billion) in transactions last week, according to data from the Dubai Land Department. From August 26 to August 30, the sector saw a total of 3,436 […]
Bybit Gains Provisional Crypto License in Dubai
Bybit is one of the most popular cryptocurrency exchanges worldwide. It has recently received a license from VARA, the Dubai-based Virtual Asset Regulatory Authority. This feat comes just two years after Bybit set up its headquarters in the city and puts it on the path toward attaining VASP status in the area. It also should […]
Dubai Real Estate Forecast – Customers Flock In as Property Markets trend Retains Its Momentum
High demand, increase in property value and high sales are some of the factors that predicts the development of real estate in Dubai up to 2024. Dubai’s housing market is also still growing quickly, and there are no signs that it will slow down any time soon. In their Dubai real estate prediction for […]
Dubai real estate has turned into a Trophy Investment.
Demand is growing at an amazing rate, says UBS report. Due to its strong growth and potential, Dubai real estate has become a trophy business that investors from all over the world are interested in. The market saw a 40% rise in sales value and a 36.9% rise in transaction volume, hitting an amazing […]
Dubai’s Property Market on Fire — Major Projects Selling Out in Hours as Global Demand Surges
This is because of strong demand from European customers, especially those in the UK. This is changing the types of people who buy new launches in Dubai. The fact that major new housing projects sell out in hours shows that the Dubai real estate market is still highly dynamic. Developers who are known for […]
Exclusive Benefits of the UAE Golden Visa: A Gateway to Long-Term Residency
The UAE’s Golden Visa program continues to attract and retain top talent from around the world, offering a unique opportunity for long-term residency in the Emirates. Designed to encourage professionals, investors, and other key contributors to live, work, and thrive in the UAE, the Golden Visa comes with a host of exclusive benefits that make […]
13 Compelling Reasons to Start Your Business in the UAE: From Golden Visas to 100% Ownership
The United Arab Emirates (UAE) continues to be a top destination for entrepreneurs and investors, thanks to its business-friendly environment, advanced infrastructure, and government initiatives that make setting up a business straightforward and cost-effective. From Golden Visas to zero income tax, here are 13 reasons why the UAE is a premier location for starting your […]
Navigating Business Success in Dubai: A Comprehensive Guide
Dubai’s allure as a global business hub is undeniable, attracting entrepreneurs and corporations from around the world. But before diving into this dynamic market, it’s crucial to understand the unique business culture and practices that define this city. Whether you’re already in Dubai or considering a move, this guide will provide essential tips to ensure […]
Middle East Professionals Embrace Career Changes to Boost Earnings and Skill Sets
Adapting to New Opportunities: A Growing Trend in the Middle East In recent years, an increasing number of professionals in the Middle East have been taking bold steps to switch careers, leveraging their existing skills to explore new industries. This trend is driven by a desire for financial improvement, personal growth, and the opportunity to […]
Complete Guide on How to Get an Import-Export Business License in Dubai
Dubai has one of the world’s fastest-growing markets, which makes it a great place to do business. With good sea and air links, the UAE is only an 8-hour trip away for two-thirds of the world’s people. There are many ways to make money in Dubai, but the import-export business is one of the best. […]
Difference Between LLC and Sole Establishment In Dubai
Who wouldn’t want to open a business in Dubai? It is a place where businesses have been thriving. It wouldn’t be wrong to say that Dubai is the business hub in 2024. The United Arab Emirates is one of the most business-forward countries in the world. UAE offers unique opportunities for foreign national entrepreneurs and […]
How to Get a Mortgage in Dubai as a Non-Resident?
Foreign investors have been buying property in Dubai for years because it has world-class facilities, a great location, and policies that are friendly to investors. Many people think it’s hard to get a mortgage in Dubai if you’re not a local, but the process is actually easy and open to everyone. Here is a […]
Your Guide to Starting a Business in Dubai: Advice from Local Entrepreneurs
If you’re living in Dubai, a city known for its limitless opportunities, it’s likely that the idea of launching your own business has crossed your mind at least once. To help you take that first step, we spoke with successful business owners who’ve already ventured down this path. From nightlife venues to boutique bakeries, bridal […]
How to Get a General Trading License in Dubai
Are you from outside of Dubai and want to start a business in one of the fastest-growing countries in the world? There are a lot of business options in Dubai. For example, you can get a general trading license, which lets you do a lot of different kinds of business, like selling food, electronics, […]
How to Start a Cleaning Business in Dubai and the UAE
The wealthy people who live in Dubai and the growing number of expats have made the market for cleaning services very profitable. Getting a license to start a cleaning business in Dubai is a huge opportunity for entrepreneurs from all over the world. Because of tourists, the city’s population keeps growing, which has raised the […]
How to Start an E-commerce Business in Dubai?
The pandemic has changed a lot of things worldwide. One significant change that we see today is the dependency on E-commerce. People love online shopping, and why wouldn’t they? It is easy, you get to decide everything without worrying about the time or anything, and you get to know about the discounts timely as well. […]
UAE Takes Historic Step with First Lottery Licence and New Gaming Regulations
In a groundbreaking move, the UAE has made history by issuing its first lottery licence and unveiling a comprehensive set of regulations for the gaming industry. This significant development positions the UAE as the first Gulf state to legalize gaming, marking a new chapter in the region’s economic and entertainment sectors. A New Era for […]
UAE’s New 10-Year ‘Golden’ Trade License: A Game-Changer for Business Growth?
Dubai – The UAE is poised to revolutionize its business landscape with the introduction of a potential 10-year ‘Golden’ trade license, a move that could significantly alter the corporate environment for companies operating in the country. This initiative, still in its early stages, could extend business licenses up to a decade, offering unprecedented stability and […]
UAE Grants Two-Month Grace Period for Residence Visa Violators: Fines Waived
The UAE government has announced a significant relief measure for residence visa violators, offering a two-month grace period starting from September 1. During this period, violators can have their fines waived, providing an opportunity to either regularize their status or leave the country without financial penalties. A Compassionate Initiative This initiative, launched by the Federal […]
New Corporate Tax Deadline for June-Licensed Businesses in Dubai: What You Need to Know
In a country where the word “tax” has historically been rare, UAE residents are now navigating a new era of corporate taxation. Since the introduction of VAT in 2018, the UAE has gradually expanded its tax landscape, and as of June 1, 2023, a corporate tax was introduced. This marks a significant shift, especially for […]
How to Get Your Company Started in Dubai Everything You Need to Know About Free Zones
Are you a stranger who wants to start a business in Dubai? In Dubai’s free zones, getting in is easy and there are a lot of benefits and exclusions. What are free zones in Dubai? This piece will explain them to you and show you how to set up your business in one. What […]
AED 10,000 Penalty Introduced for Late Corporate Tax Registration in UAE
The UAE Ministry of Finance has announced a significant update concerning corporate tax regulations, underscoring the importance of timely compliance for businesses operating within the country. According to the newly issued Cabinet Decision No. 10 of 2024, companies that fail to register for UAE Corporate Tax within the specified deadlines will face an administrative penalty […]
How the Super-Rich Navigate Tax Avoidance: Strategies and Insights
The realm of high-net-worth individuals is often characterized by complex financial strategies aimed at minimizing tax liabilities. As global tax regulations tighten, the ultra-wealthy are increasingly seeking sophisticated methods to optimize their tax positions while remaining compliant with the law. Here’s a closer look at how the super-rich navigate the labyrinth of tax avoidance and […]
UAE Golden Visa Fuels Strong Demand for Dh2 Million Properties in Dubai
The demand for Dh2 million properties in Dubai remains robust in 2024, driven by investors and end-users keen to secure a 10-year UAE Golden Visa. The long-term residency visa, introduced to attract international talent and investment, requires property investors to purchase assets worth at least Dh2 million. This eligibility criterion has significantly influenced the real […]
UAE Introduces AED 30,000 Minimum Salary Requirement for Golden Visa
Dubai: The UAE has set a new minimum monthly salary of AED 30,000 for professionals seeking the coveted Golden Visa, a move that aims to further refine the country’s long-term residency program. This change, introduced in 2024, is expected to attract top-tier talent while also reshaping the landscape for expatriates working in the Emirates. New […]
UAE Golden Visa: A 5-Year Journey of Transformation and Growth
Over the past five years, the UAE’s Golden Visa program has significantly impacted the country’s social and economic landscape. Introduced as a bold initiative to attract high-caliber talent, entrepreneurs, and investors, the Golden Visa has evolved into a cornerstone of the UAE’s long-term vision for growth and global influence. A Strategic Move for Talent and […]
Secure Your Dubai Gaming Visa: Your Pathway to a 10-Year Golden Visa
Dubai is rapidly emerging as a global gaming hub, and its Gaming Visa is a testament to this ambition. Designed to attract top-tier gaming professionals, this visa offers more than just the chance to work and live in Dubai. It also paves the way for a coveted 10-year Golden Visa, granting you long-term residency in […]
Dubai Golden Visa: Unlocking New Horizons for Global Talent
Dubai is fast becoming a prime destination for expatriates seeking a new home abroad. Often surpassing the appeal of global cities like New York, Miami, and Paris, Dubai’s charm lies in its strategic location, state-of-the-art infrastructure, political stability, and an exceptionally business-friendly environment. As the UAE cements its position as the financial epicenter of the […]
How to Open a Company in a Free Zone in Dubai
The free zones in Dubai present a multitude of options for company owners and entrepreneurs wishing to expand into the United Arab Emirates. Free zones are a popular option since they offer advantages including 100% foreign ownership, tax breaks, and expedited procedures. The procedures for establishing a business in a Dubai free zone will be […]