Legal & Regulatory Updates
No. Dubai RERA and India RERA share an acronym, but they are different bodies set up under different laws, with different jobs. Dubai’s RERA is a government agency that runs Dubai’s property market day to day. India’s RERA is a set of state-level authorities created by a 2016 consumer-protection law to make builders accountable to
Cryptocurrencies and broader “Virtual Assets” are permitted in the United Arab Emirates (“UAE”) under a multi-regulatory system that divides regulatory responsibility by (i) geographic area (Mainland vs. Financial Free Zones); and (ii) type of use (Investment-type Activity vs. Payment/ Stable Coin Activity). At the Federal Level, Cabinet Resolution No. 111 of 2022, is a foundational
Since the war is going on, the impact on Dubai real estate could be quite hard in my opinion, at least in the short term, if not too long. There is no doubt after reading all the news that right now there is a supremely strange situation in the real estate market of Gulf. The
Dubaiโs real estate boom and international deals demand robust safeguards and they are very much necessary to protect the interest of the country as well. An escrow account in Dubai is a regulated bank account where funds are held by a neutral trustee until transaction conditions are met. In practical terms, Law 8/2007 (Escrow Accounts
UAE Federal Decree-Law No. 47 of 2022 introduces a federal corporate income tax (CIT) for the first time outside of oil and foreign bank sectors. It imposes a 0% tax on annual profits up to AED 375,000 and 9% on profits above that threshold, with special 0% rates for qualifying Free Zone income. The law
The Dubai Land Department (DLD) is the official government authority that registers all property and enforces offโplan project rules in Dubai. It issues Title Deeds (final ownership certificates) only after a project is completed and confirms development milestones. For offโplan sales, DLD uses the Oqood (interim register) system, so every purchase contract must be recorded
For Indian Citizens Investing in Dubai Property, Dubai Real Estate is now the largest foreign market where they are investing their money. In 2024 they accounted for about 22% of Dubai property transactions, investing roughly AEDโฏ35โฏbillion (โUS$โฏ9.6โฏbillion). Over 29,000 Indian buyers now own some 35,000+ homes in Dubai. Key attractions include tax-free rental income, no
โIs Dubai tax free?โ People in India often ask this question when they look at the Emirate’s shiny skyline. Let’s debunk the Dubai myths vs reality. The myth is seductive: a modern city with zero income tax and endlessly rising property values. Countless stories celebrate tax-free income and double-your-money investments in Dubaiโs real estate. But