April 3, 2024
Are There Any Tax Implications for Property Ownership in Dubai?
In Dubai, owning property comes with minimal tax implications, as the city is known for its tax-friendly policies. There are no personal income taxes or capital gains taxes on property sales, making it an attractive destination for investors and homeowners. However, it’s advisable to seek advice from a tax expert, such as Mirabella Properties, to understand any potential tax considerations that may apply to your circumstances.