Musataha contract is a type of land ownership that enables its holder to rent a government-owned piece of land. It allows one party, usually known as the Musateh, to construct a building or to invest in, mortgage, and lease land belonging to a third party (the Grantor) for a period from 10 and up to 50 years....
Read MoreDubai, a prominent commercial hub, attracts businesses from around the world due to its robust economy, business-friendly environment, and strategic location. Whether you're an established entrepreneur or a rising start-up, understanding the nuances of commercial tenancy contracts in Dubai is vital for the success of your business venture....
Read MoreBeing a landlord in Dubai comes with both rewards and responsibilities. It's important to have a clear understanding of your rights and obligations to ensure a successful and mutually beneficial landlord-tenant relationship....
Read MoreDubai has developed from desert sands to a global hub of innovation and architectural excellence. Every year, well-known developers in Dubai construct many real estate projects that have shaped modern architecture. Let’s take a closer look at the top 5 architectural marvels in Dubai that have shaped the city’s skyline....
Read MoreIn June 2023, the Ministry of Finance (MoF) in the UAE issued a cabinet decision No. 56 of 2023, clarifying that foreign companies and non-resident juridical persons will be subject to a 9% corporate tax on income derived from an immovable property that is used in business or held for investment purposes in the UAE. Let’s discover more about this rule....
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