No value added tax or income tax is payable on property in Dubai. This means that if you decide to sell your property, even the next day at a 100% higher price, you pay no income tax. The same principle applies when you rent out your property. The purchase of each property involves a Land Registry fee of 4% of the purchase price + administrative fees of about 1,600 Euros. Rental income – a number of people who buy their property subsequently make money on it by renting it out on a short or long-term basis. Short term rents are higher and are affected by seasonality. Long-term rents are lower but more stable. We can help you with both types of rentals so that you optimize your income from it. No value added tax is paid on rentals.
