What is a right property zone in Dubai?

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lev

Age: 2023
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What is the right property zone in Dubai?Hi guys, I've been hearing a lot lately about the right property zones in Dubai. Can anyone explain to me what these are?
Posted 07 Mar 2023

Nandroid says
Of course! So, property law zones in Dubai are certain areas that are regulated by a separate set of laws and rules more favorable to foreign investors. These zones allow investors to fully own their property without requiring a local partner or sponsor, and enjoy other benefits such as 100% repatriation of profits and tax exemption. I am looking at sobha properties dubai https://everhomes.ae/developers/sobha-group/ myself. In addition to this, there are several ownership zones in Dubai, each with its own unique rules and benefits. For example, there is the Dubai International Financial Center (DIFC), which is a free zone for companies providing financial services, and Dubai South focused on logistics and the aviation industry.
Posted 07 Mar 2023

lipav58 says
In fact, there isn't. Anyone can invest in these zones, whether you are a foreigner or a local. However, there are certain requirements that you must meet in order to open a business or own real estate in these zones. For example, you have to get the necessary licenses and permits, and you have to meet certain capital requirements.
Posted 07 Mar 2023

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Posted 27 Oct 2023

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