COMMERCIAL PROPERTY IN BUSINESS BAY REGION, DUBAI FROM EURO 300,000 TO 3.5MILLION / FANTASTIC YIELDS 18-20%
U.A.E. FACTS
- More than 80% of the population are expatriates from across the globe and the city is home to almost 200 nationalities
- U.A.E.is home to 1,321,453 residents (Latest Census) with an annual growth rate of 7.5% in its population with more than 75% of the population employed
- Growing tourism, with modern airport handling 28.7 million passengers in 2006 (33 million expected in 2007). The Dubai Intl. Airport is continuously developing and currently has 2 terminals and accommodates 100 airlines, which connect to over 140 destinations
- Hotel occupancy reached 85% in 2006 (6.5 million guests serviced by 414 hotels)
- Third most important re-export centre in the World – after Hong Kong and Singapore
- 0% income tax, 0% capital gains tax, 0% corporate tax
- 100% repatriation of capital and profits
- 100% foreign ownership in free zones
- Real estate: 100% freehold ownership, residence visa
- 139 of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai
- Strong investor incentives and protection
- Fast track business setup – 20 min
- Stable, freely convertible currency pegged to US$
- No foreign exchange controls, no trade barriers or quotas
- Less expensive than Singapore, Hong Kong, Cairo and Bahrain
Commercial Projection & Benefits – Business Bay
Free Zone: (Not a free zone yet, however there is indication that this zone will convert into Freezone)
- 100 per cent exemption from personal income tax for 50 years
- 100 per cent exemption from corporate taxes for 50 years
- 100 per cent foreign ownership
- 100 per cent repatriation of profits
- Dynamic international community
- Opportunities for business interaction and networking
- Opportunities for channel and market development
Free Hold:
- 100 per cent foreign ownership
- 100 per cent repatriation of profits
- 100 per cent free hold
- Dynamic international community
- Opportunities for business interaction and networking
- Opportunities for channel and market development
PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.
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