FAQ: Do I Need to Pay VAT on a Commercial Property?
Value-added Tax (VAT) 5% was introduced all over UAE on January 2018 and since then there has been a lot of speculations surrounding VAT implied on commercial and residential properties.
Top 5 Common Mistakes Made by First Time Home Buyers and How to Avoid them
1,758 ViewsInitially when people decide to buy their first home they tend to be overwhelmed and the mixed feelings often makes them jump into mistakes. Listed below are the few often made mistakes by the first time home buyers and measures on how to make a sound judgement. Underestimation of Home ownership Cost There are…
Insight for Home Buyers and Sellers on Basic Three Realty Forms Used in Dubai
1,536 ViewsHome buyers and sellers often ask several real estate based FAQs and “what is form F” is one of them. Dubai Real Estate follows a standard rule for realty contracts of any property transaction or sale formalities. Read below to discover the type of forms that come into use for a buyer or seller.…
Non-Muslim Expats Guide On How to obtain a Will for your Assets in Dubai
1,386 ViewsSome expats don’t reside in Dubai for a long period but around 64 percent of the expats reside in Dubai for a significantly longer time, most of these expats also own properties/other assets in Dubai. Out of the 64 percent around only 10% have registered will against their assets. Note that if you are…
Provisions Available For Victims Of Fire Tragedy
1,259 ViewsThere are a lot of misconceptions in regard to feasible solutions to seek out when a building catches fire and this article will highlight all necessary steps to be taken in case your building catches fire. Firstly God forbid any such instance and this is just an informative article to make residents/landlords aware of…
The Importance And Guide to Avail A Home Insurance In Dubai
1,477 ViewsThe Dubai’s recent high rise fire has caused a lot of speculation on how to protect the belongings and who is obliged to pay for the damages. Due to misconception, lack of awareness many residents have not obtained an insurance. Based on a recent survey conducted the quarter of the residents felt home insurance…
Digitize Your Firm To Enhance Field Workforce Performance and To Boost Turn Over
1,424 ViewsThe market and business industries are ever evolving to set themselves apart from the competitors and be distinctive. Several challenges are faced and newly formed. The benefit of digitizing your firms physical assets and electronic resources come in tri- fold; digitizing helps you overcome challenges, the standard and modern process will trim cost and…
Part 1. Expert Advice; Know your Tenant Rights and Responsibilities in the UAE
1,403 ViewsExpert Advice to FAQs My landlord has transferred their ownership rights of the property to another person, so the new landlord has come up with new contract terms, is this valid? As per the Dubai property law amended in 2007; when the landlord transfers the ownership of the property to another landlord, in no…
Labour Law Pertaining Your Resignation in UAE
1,531 ViewsThere are several speculations and misapprehensions between employees regarding laws and rules while resigning from their job. Our HR department has gathered all information you will need to know when leaving your job. Firstly the law applicable in regard to the notice period states you will have to serve the notice period and…
Riveria Global pens down How to buy an off-plan property on Mortgage
1,449 ViewsThe mortgage market is very efficient and organized in Dubai and has numerous international and local banks offering mortgages. We receive a lot of inquiries regarding off plan property mortgages and procedures involved in availing such a mortgage. This article will help you get void of any misapprehension you have in regard to off-plan…