Lower rents bring relief for UAE residents Abu Dhabi, Dubai and Sharjah have all become cheaper to live, according to Numbeo. Look at the larger picture. VAT may have curbed household spending, but rents are down and so is the cost of living. It's more affordable to live in the UAE than last year. And we have the numbers to prove it. Global data service provider Numbeo's Cost of Living Index 2018...
Watch out for indirect VAT costs on property deals As per VAT regulations, developers enjoy a zero rate on all residential sales within three years of completion of a project. Those waiting for prices to bottom out will be wise to defer your decision no longer With value added tax (VAT) kicking in today, end-users in Dubai are confused whether to advance their property purchases or to continue paying...