High Estates

www.palm-island.org

Also, as a property owner, you will be required to pay an annual service charge to the developer for maintaining public facilities such as auditorium, swimming pool or park as well as providing civic amenities. The cost would depend on the project that you will get, so it is important to confirm this to the concerned authority before you commit your property for rent.

Fortunately, the Emirate of Dubai does not implement a property tax, which means that the income you generate for renting out your property in Dubai is tax-free. Maybe this is why long-term investors invest in Dubai properties because it simply makes sense.

This entry was posted on Tuesday, April 22nd, 2008 at 6:47 pm and is filed under Dubai. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.