Impact of VAT on renting property  

 

gauridew22
(@gauridewanyandex-com)
Member
Joined:2 years  ago
Posts: 1
2018 3:13 pm  

Hello all,

Does VAT have a major impact on renting properties in dubai? If so, then how?

Please help

thanks


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PropEx
(@propexpertgmail-com)
Member Admin
Joined:2 years  ago
Posts: 73
2018 3:21 pm  

Hi Gauri,

2018 brought with it great change for all UAE residents, with VAT starting to factor in on many decisions we make, financial or otherwise. The real estate industry, in several ways, has been affected by the new tax as well. To know how and where VAT has had an immediate impact, please read on ->  https://blog.zoomproperty.com/how-does-vat-impact-buying-or-renting-property-in-dubai/

- PropEx


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