Wednesday, 5 September 2012

Property in Dubai

Dubai real estate market has seen rapid growth since 2002. After the change of regime in 2002, the law was passed because of that.

The main point to change the law to allow non-national area was owned freehold property directly. This area is a result of a large amount of foreigners to attract more investment to the region as a result of damage was caused.

Has attracted an enormous amount of workers in Dubai among other things, Section (100% tax deductible) work due to tax implications.Residential property values ​​in the region, but still on the rise in recent years and only slowly.

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