The Honourable In keeping with the projected growth of approximately one million residents as outlined in the Dubai 2040 Urban Master Plan, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the United Arab Emirates, and Ruler of Dubai, has approved the Dubai Metro Blue Line project. With 14 stops, this proposed 30-kilometer metro line will strategically connect the emirate’s major locations.

HH Sheikh Mohammed emphasised that funding for infrastructure projects is consistent with Dubai’s approach to comprehensive city development, which prioritises satisfying immediate requirements while laying the groundwork for future growth. He underlined that the nation’s talent has demonstrated its capacity to drive growth, providing innovative concepts that align with Dubai’s aspiration goals across a range of industries, promoting advancement and quality.

“Great achievements are the result of meticulous preparation, creative problem-solving, and a commitment to achieving the highest standards of leadership. They don’t just happen by accident. Achievement is really best measured by how positively it affects society. His Highness stated, “We spare no effort to achieve it at the highest standards, striving for the best for our society.”

In response to the region’s growing population, His Highness oversaw the project’s quick execution while upholding the strictest international guidelines and requirements. The project is expected to be finished in 2029, which also happens to be the year when the Dubai Metro turns 20.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the United Arab Emirates, inaugurated the Dubai Metro Blue Line project during a ceremony at Dubai Creek Harbour.

Sheikh Maktoum stated that Dubai is dedicated to executing top-notch endeavours that not only improve the city’s reputation internationally but also reaffirm its leadership in creating top-notch infrastructure that is in line with the emirate’s sustainable development goals. These projects are carried out under the vision and guidance of HH Sheikh Mohammed bin Rashid Al Maktoum.

“We are committed to maintaining HH Sheikh Mohammed bin Rashid’s vision, which aims to solidify Dubai’s standing as the greatest place in the world to live,” said Sheikh Maktoum.

His Highness praised the Dubai Roads and Transport Authority for its endeavours in carrying out significant projects that correspond with the future goals of Dubai. Additionally, he recognised the significant contributions made by Emirati talent at the forefront of growth in several important industries in Dubai. “We have complete faith in their abilities to further develop the emirate, with a focus on improving the stability and happiness of residents, and we are extremely proud of our national talent.”

His Royal Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, and several other high-ranking officials were also present at the occasion.

His Excellency Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), greeted HH Sheikh Maktoum upon his arrival at the occasion. The main characteristics of the Dubai Metro Blue Line, which were shown on a sizable mural at the location, were explained to His Highness.

The Blue Line, the first metro service to cross Dubai Creek via a 1,300-meter bridge, is a major development. The Blue Line will be 30 km long in total, with 14.5 km above ground and 15.5 km below ground.

With 14 stations, such as the iconic station at Dubai Creek Harbour and important interchange points like the Creek Station on the Green Line, Center point Station on the Red Line and Dubai International City Station 1, the Blue Line is expected to play a major role in the ongoing growth of the city’s transport network.

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After the eagerly anticipated foreign property ownership decree was issued in 2002 and permitted non-UAE nationals to purchase real estate in Dubai, the city saw a significant development boom that attracted international investors to the real estate market.

Whether looking to buy a long-term investment or a property that is ready to move into, Dubai has a lot of housing-related investment options available today.

Highly Controlled Sector:

A system of real estate rules and regulations that safeguard the rights of real estate investors control real estate investment in Dubai.

The Dubai Land Department:

The Dubai Land Department (DLD) approves, arranges, and records transactions pertaining to registered land and real estate in Dubai. It also manages all issues pertaining to the registration of land sales and acquisitions.

In the real estate industry, the DLD currently provides more than 26 primary services and 216 auxiliary services to clients. These services include land and title registration, real estate professional registration and licensing, and the creation of regulatory frameworks to draw in and efficiently manage real estate investments while educating the public about relevant laws.

In order to help investors stay up to date with Dubai real estate prices, the DLD also gathers and posts information regarding real estate buy and sale transactions on a weekly and monthly basis on its website.

The Regulatory Arm of Real Estate Registration Agency (RERA):

The Real Estate Regulatory Agency, also referred to as “RERA,” was founded in 2007 with the goal of creating an environment that is conducive to safeguards the interests of all parties engaged in the marketplace for real estate with regard to investment. It does this by establishing legal frameworks and procedures and by regulating the operations of brokerage and development companies as well as owners associations. The agency bases its goals on international best practises.

To safeguard the larger interests of investors and the market, RERA keeps an eye on all development initiatives from a technical and financial standpoint. Along with enforcing fines for infractions, such as the termination of delayed projects, RERA actively monitors the adherence to relevant rules and regulations by developers, brokers, and other licensed real estate professionals.

Investment Arm of the Real Estate Investment Management and Promotion Centre:

The DLD’s investment branch, the Real Estate Investment Management and Promotion Centre, is in charge of assisting domestic and international real estate investment firms, creating a real estate investment-friendly regulatory framework, and stimulating market activity by encouraging direct and long-term investments.

In order to achieve sustainable development, it also actively contributes to the creation of a green economy and a stable and secure environment.

Do you want to make a real estate investment in Dubai? Recognise your rights

Current Residency:

According to investment-friendly visa programmes available to people who choose to invest in residential properties worth AED 1 million or more, with a maximum of 50% of the property value under mortgage, investors in residential properties in Dubai are granted a shortcut to permanent residency in the city.

Members may apply if their respective shares of jointly held assets are worth at least AED 1 million.

Commercial properties are not allowed; only a single residence may be invested in. Furthermore, only freehold residential properties are eligible for the visa. Applying for this visa with an off-plan property is not feasible.

The duration of the visa is three to five years, and it can be extended as long as the investor has real estate in the nation.

Those who have spent at least AED 1 million on real estate can apply for the three-year visa. The five-year visa, on the other hand, necessitates property ownership worth at least AED 5 million.

Attractive Rental Yields:

Investing in properties for rental purposes can provide substantial profits, as rents continue to be a popular option for purchasers seeking stable investments with appealing property pricing and payment schedules, among other factors. For ready homes, buy-to-let investors in Dubai may anticipate a return of 5% to 6%.

By purchasing an apartment or villa and renting it out on a short-term basis—a decision that is becoming more and more popular among travellers seeking a “homely” and genuine vacation experience—investors may also profit from the strong demand for short-term rentals and capitalise on the significant volume of visitors who visit the city.

Scheme of Rent-to-Own (Ijarah):

A developer and buyer can work up a rent-to-own agreement that lets the buyer make rent payments and save for a down payment at the same time. Since DLD introduced the rent-to-own service and created a special title deed record to offer a clear legal foundation to support such transactions, the plan has grown in popularity.

This agreement facilitates speedier entry into the real estate market for purchasers by relieving them of the burden of a required 25% down payment. In a win-win arrangement, developers also get access to a larger group of purchasers who would not be able to make the sizable down payment.

Advantageous Tax Situation:

Dubai’s tax structure, which is renowned for its low tax rate applied to real estate investments, does not exclude the real estate industry. Real estate investors in Dubai make the most money without having to pay stamp duty or purchase property taxes.

Popular Places for All Lifestyles:

In Dubai real estate, location is still a crucial factor that may significantly impact the return on investment, whether it is next to a beach, in the heart of the city, or isolated in a serene desert.

When evaluating the market, one should also take into account other aspects including size, quality, cost of upkeep, interest rates, accessibility to transportation and schools, and market circumstances at the time of purchase.

Desirable and Safe:

In addition to being a major financial hub and hub for international trade, Dubai is home to over 200 different nationalities, with over 80% of its population being made up of foreign workers and expatriates. This makes Dubai a true melting pot where anyone is welcome to call the city home.

With happy communities prospering in a peaceful civic environment, Dubai is one of the safest and most tolerant cities in the world; therefore your investment is secure there.

One of the main reasons Dubai is the ideal location to launch and expand your business is the widespread trust that the city, market, and economy have on a worldwide scale.

The post How to Invest in Dubai? appeared first on .

Complying with the law: Preparing and Endorsing a Sale and Purchase Contract

Getting the developer to sign a No Objection Certificate going to the Registrar Office to transfer ownership

Each of them will be covered in more depth below.

Legal Due Diligence: To ensure that the property is owned by the seller or developer and is free of mortgages, liens, or other charges, the buyer should ask the seller or developer to accompany him to the Dubai Land Department (DLD) or to grant him a power of attorney to inquire about the property.

Drafting and Signing a Sale and buy Agreement: Before signing the sale and buy agreement, it is crucial to check the property, if it has been finished. The parties to the contract must utilise the standard form of sale contract (Form F), but they are free to modify or attach their own terms and conditions as long as they don’t contradict with the form’s requirements. A broker must additionally sign the DLD’s standard form for the appointment of real estate brokers if they are representing a party in the sale transaction.

Getting a No Objection Certificate from the Developer: In order to confirm that the seller has paid all service charges associated with the property you are buying and that there are no violations of any applicable laws pertaining to jointly-owned properties, you must obtain a No Objection Certificate (“NOC”) from the project developer (if there isn’t an owners association).

The developer has the right to impose an AED 500 administrative fee on the NOC.

Going to the Registrar’s Office to complete the ownership transfer:

The DLD receives assistance from many licensed trustee offices in order to perform its property registration duties. After verifying that the seller and buyer have submitted all necessary paperwork, the trustee office registrar inputs the information into a computer connected to the Land and Property Department. A new title deed in the buyer’s name will be issued when the Land Department receives online approval. If all parties send in their paperwork on time and in order, transfers will be completed the same day.

Dubai’s Property Purchasing Process:

This is a very basic rundown of the purchasing procedure; for a more thorough understanding, speak with your agent:

The Offer: You submit an offer as soon as you locate the house of your dreams. You and the seller will sign a “Memorandum of Understanding” (MOU) if that offer is accepted. This is a contract to enter into a “Sale and Purchase Agreement,” or SPA. This rather antiquated procedure was developed to circumvent the problem that developers frequently issue SPAs.

The Deposit: 10% of the whole purchase price is often paid to the seller together with your signature on the MOU, which was created by your agent. Ensure that the MOU clearly outlines what will and won’t happen to the deposits (a lot of MOUs don’t specify when either the seller or you will lose their deposit). Generally, you forfeit your money if you sign the MOU and then decide to back out of the agreement or postpone it. Note: Before signing, confirm that you are able to fulfil the transfer date and final payment (for example, if your purchase depends on you selling a property, this information must be included in the MOU).

The Finance: The buyer’s bank will determine the property’s worth if they want to use financing. They will start processing the payments if they determine it is worth the amount they have committed to lend. Finance transactions take longer than cash transactions, and money advances from banks might take up to 30 days. This procedure might take a total of sixty days if the seller is under mortgage.

The Transfer: Upon receipt of the funds, the seller receives a “No Objection Certificate” (NOC) from the developer attesting to the fact that the developer has approved the transfer and the seller has paid all outstanding fees. The Parties sign the SPA (banks may also be present), and if financing is not available, the money is turned over. If financing is being utilised at this point, the bank will only provide a “Comfort Letter” indicating that they would make the payment when the developer signs the SPA. The buyer gets registered as the new owner once the developer signs the SPA, which should take a few days.To release the remaining cash, the developer or seller brings a copy of the comfort letter and the SPA to the bank.

General Advice:

1. The property owner must appear before the Registrar at the Dubai Land Department (Trustee offices) either in person or through a representative operating under a properly documented power of attorney.

2. For corporations, evidence of all authorised individuals purchasing or selling real estate on the company’s behalf must be provided in the form of a partners’ resolution, a power of attorney, or properly documented corporate documentation.

3. Documents in other languages need to be certified translations into Arabic and authenticated.

4. Real estate transactions are required to be registered within 60 days of the date the sale and purchase contract (or any other written contract) is signed. Failure to do so may result in a fine in addition to the registration expenses.

5. Any modification to the company’s shareholders’ equity that results in the ownership of real estate in Dubai is deemed a transfer of the property, necessitating notice to the Dubai Land Department (DLD) and payment of any relevant costs.

6. Although foreign corporations are not permitted to directly hold real estate in Dubai, they are permitted to do so by setting up subsidiaries in free zones like the Dubai Multi Commodities Centre (DMCC) and Jebel Ali Free Zone (JAFZA).

7. If any of the businesses’ shareholders is a corporation formed and registered in a foreign jurisdiction, it is crucial to contact the Dubai Land Department (DLD) and get their prior permission of the planned transaction structure and the buyer’s papers.

8. Avoid doing business with real estate brokers who aren’t RERA registered.

The post How to Invest or Buy Property in Dubai, UAE appeared first on .

Just about two years ago, our portfolio was worth roughly $5 billion. We’ve increased that to $10 billion, which is virtually under construction or has already been delivered, Mahdi Amjad told The National in an interview.

And we intend to increase that figure significantly over the next two years to $15 billion through a combination of residential, hotel, and commercial property.

Omniyat, which was created in 2005, is working on a variety of premium projects in Palm Jumeirah and Business Bay, including The Lana, Dorchester Collection, Ava, and Dorchester Collection at the Palm.

As part of its ongoing portfolio expansion, it just bought a new waterfront property called Marasi Bay Marina from Dubai Holding.

On Tuesday, it unveiled Orla Infinity, the latest addition to the $2 billion Orla portfolio, at Palm Jumeirah, and plans to debut another project in Downtown Dubai by the end of the year. Orla Infinity will have 20 duplex apartments.

According to Mr Amjad, Omniyat’s founder, the business intends to fund projects using a mix of loan and equity.

Omniyat has always had a strong investment side, and we do a lot of private equity at every project level to ensure that [the project]… is properly financed, and that has been our approach for more than 15 years, he added.

We also collaborate with the local financial community.

We have a very clear policy about ensuring that the project is fully paid before we begin building so that there is no disruption regardless of sales cycles.

The housing market in Dubai has recovered significantly from the coronavirus-induced slump, aided by government programmes such as residence permits for retired and distant workers and the expansion of the 10-year golden visa scheme.

According to Knight Frank, the total number of $10 million house sales in Dubai for the first nine months of the year increased 40.7 percent to a new high of 277, driven by surging demand for luxury residences in the emirate.

In the third quarter of 2023, the emirate had a 40.7 percent yearly increase in the amount of home transactions valued at more than $10 million.

According to the research, the volume of residences valued at more than $10 million in Dubai, the Middle East’s economic and tourism hub, was more than $1.59 billion between July and September.

With 189 transactions in the first half of the year, Dubai emerged as one of the world’s busiest marketplaces for sales of more over $10 million. It outranked other major cities such as New York (125), Hong Kong (109), London (99), Los Angeles (77), and Singapore (67).

Omniyat’s sales increased by about 70% in the first nine months of 2023 compared to the same time previous year, with consumers from Western Europe, North America, and Asia purchasing property. It anticipates a 70% yearly increase in home sales for the whole year due to increased buyer demand.

However, the corporation did not disclose the overall value of sales.

Mr Amjad believes the fourth quarter will be a great one for the company. We’ve already witnessed great progress, and the prospects for next year look promising.

He also stated that “sophisticated investors” have increased their desire to purchase a home in Dubai.

These worldwide sophisticated investors, many of whom are visiting Dubai for the first time, see Dubai as a location for a first or second home and are involved in property purchases, a trend that has begun to accelerate post-Covid.

According to a research, global high-net-worth people want to spend $2.5 billion on Dubai real estate this year.

According to another Knight Frank analysis, Dubai’s luxury residential market is expected to rise at the fastest pace of any prime market globally, at 13.5 percent in 2023, driven by a demand-supply mismatch and good economic development.

He also stated that Dubai’s pricing remain cheap in comparison to other cities such as London, New York, Singapore, and Hong Kong, which would draw more clients to the emirate.

The firm has no intentions to list its shares on local stock exchanges, but is examining various public market possibilities with authorities to see what is the best model to continue to support our growth, he added without elaborating.

He also stated that Dubai’s pricing remain cheap in comparison to other cities such as London, New York, Singapore, and Hong Kong, which would draw more clients to the emirate.

He stated that the firm has no intentions to list its shares on local stock exchanges, but is evaluating different options on the public market with regulators to see what is the right model to continue to support our growth.

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• A Bank Account can be opened.
• You can apply for a personal or auto loan from a bank.
• Several nations are accessible to you without a visa
• You may obtain a driver’s licence;
• Your kids can attend public or private schools;
• You have access to government health services and health insurance.

To be eligible for a residence visa for the UAE, you must fulfil a number of requirements, such as obtaining employment or making an investment in one of the emirates.

Who may apply for a UAE residence visa?

To be eligible for a UAE Residence Visa, you must fall into one of the following categories:

• You will work in the UAE, either for a government agency or for a private enterprise.
• You will study at a UAE educational institution
• You are a dependant of a UAE citizen or foreign resident (child, parent, maid, or close family)
• You have made investments in the UAE
• You have acquired properties in the UAE

Types of UAE Residence Visas

The sorts of UAE residence visas are classified according to the purpose of your trip. As a result, there is:

• UAE Work Visa, given to foreigners who have found work in the UAE and secured a Work Permit.
• UAE Student Visa, which is granted to foreign nationals admitted into a UAE educational institution.
• UAE Family Visa, which is granted to close relatives of UAE nationals or international residents.
• The UAE Investment Visa (long-term residency) is granted to foreign nationals who make a significant investment in the UAE. This visa is valid for a longer period of time than other types of resident visas (up to 10 years).
• The UAE Retirement Visa, which is granted to older foreigners who choose to retire in the UAE and have the appropriate financial resources.
• Work Remotely from Dubai programme, which is available to prospective freelancers who wish to work remotely in Dubai.
• What are the prerequisites for obtaining a UAE residence visa?

When applying for a UAE Residence Visa, you must have a number of supporting papers, including:

• The UAE Visa Application Form, which may be downloaded online or at a typing centre.
• Your original passport
• Two passport-sized photographs in accordance with UAE visa photo criteria
• Your visa for entrance.
• Evidence of your sponsor’s legal residency / UAE citizenship • Evidence that you have completed a medical fitness test.
• Evidence of UAE health insurance coverage.

When trying for family visas, provide proof of family ties, like birth/marriage certificates.

For a work visa, your sponsor must submit a work contract as well as copies of the company’s valid trade licence and valid firm card. • Any other papers connected to your trip purpose.

• UAE Work Visa
• UAE Family Visa
• UAE Student Visa • UAE Investment Visa • UAE Retirement Visa *All foreign nationals who wish to live in the UAE on a Residence Visa must pass a medical exam to demonstrate their fitness.

Application for a UAE Resident Visa

You must apply for a Residence Visa once you have arrived in the UAE, which means you must first come with an entrance permission. Furthermore, like with the entrance permit, you cannot apply for your own resident visa: you must have a sponsor, such as your employer, spouse, or others, apply on your behalf.

Who is eligible to apply for a resident visa in the UAE?

A Residence Visa may only be obtained through a sponsor. In some situations, though, you may be your own sponsor. Your employer is your sponsor for a UAE Work Visa; your school is your sponsor for a UAE Student Visa; and your family member is your sponsor for a UAE Family Visa.

If you are an investor or buy property in the UAE, you can apply yourself and your company/property serves as sponsorship

How Do I Get a UAE Resident Visa?

First, your sponsor must get an Entry Permit for you at one of the following locations:

• The National Identification and Citizen Authorities
• The ICA’s eChanel site
• Apple and Android mobile applications
• The General Directorate of Residency and Foreigners Affairs – GDRFA can be contacted either online (see links below) or in person. If the recipient applies in person, they must do so through one of the GDRFA’s licenced typing centres in each Emirate or any of the Amer centres in Dubai.

Once you arrive in the country, your sponsor must apply for your Residence Visa at the applicable emirate’s General Directorate of Residency and Foreigners Affairs (GDRFA).

They will also pay a UAE Residence Visa cost at the time of application, depending on the validity of your visa.

When your application is granted, the GDRFA will stamp your passport with a Residence Visa and provide you an Emirates ID that is valid for the same period as the visa.

The GDRFA’s webpages in each emirate:

• Abu Dhabi
• Dubai (Also see Amer, an online portal where Dubai citizens and residents may apply for family reunion and tourists may extend their Visa On Arrival.)
• Sharjah
• Ajman
• Ras Al Khaimah
• Fujairah

Fees for UAE residency visas

The costs for a UAE Residence Visa vary based on the period of your visa. The UAE Residence Visa price is AED100 for one year.

You will also have to pay a processing fee, which varies depending on where you apply and can vary from AED70 if you apply in person to AED40 if you apply online.

Please bear in mind that visa fees are subject to vary, and you will also be required to pay additional expenses for medical tests and health insurance.

The distinction between an entry permit and a residence visa in the UAE

The distinction between an Entry Permit and a Residence Visa for the UAE is as the name implies:

The Entry Permit permits the bearer to enter the UAE for a set period of time (typically up to three months). Entrance permits are provided based on the reason for your visit. A UAE Tourist Visa, for example, is entrance permission for tourism reasons.

Before you may enter the UAE, your sponsor must apply for your entrance permit. Your sponsor may apply for your resident visa once you are in the country on an entrance permit.

Furthermore, certain nationalities do not require or can get entrance permission upon arrival. Basically, if you are not need to obtain a UAE Tourist Visa, you do not need to obtain entrance permission because the two are nearly identical.

See who is excluded and how to apply for a UAE Entry Permit (UAE Visa).

The Residence Visa entitles the holder to long-term residency in the UAE. After you enter the country, your sponsor must apply to the applicable visa-issuing authorities for your resident visa, as mentioned above.

How long can I stay in the UAE with a residence visa?

The duration of your UAE Residence Visa is determined by the purpose of your trip: they are given for one, two, or three years and may be renewed.
Investment or retirement visas, on the other hand, are given for 5-10 years and are renewable.

Getting a UAE Residence Visa Renewal Once It Expired

Your sponsor must renew your Residence Visa within 30 days of its expiration date.
However, if you are inside the UAE resident visa expiration grace period, your sponsor may renew your visa after it has expired.

The method for renewing your UAE resident visa is the same as it was when you initially received it: your sponsor must apply at the General Directorate of Residency and Foreigners Affairs in the appropriate emirate.

What is the grace period for the UAE Residence Visa?

The UAE government provide expats with a 30-day grace period beginning when their entry permit ends. This implies that even if your visa has expired, you can stay for another 30 days; but, if you do not obtain a visa renewal by that time, you must leave the country and re-enter using an entrance permit.

If you overstay, you will be penalised for each additional day.

Overstay fee for UAE Residence Visa.

Overstaying your UAE Residence Visa will result in the following fees:

• AED 25 per day for the first six months (180 days)
• AED 50 per day for the second six months (180 days)
• AED 100 per day for each day that follows the first year.
• UAE visa renewal for widows and divorced women.
• The UAE government announced a new immigration law in October 2018 that permits widowed and divorced women who are UAE citizens to stay in the nation unaccompanied for a year beginning with the date of their spouses’ demise or their divorce. The new regulation also applies to the women’s offspring, if any.
• The ladies and/or children must have been travelling on the husband’s visa at the time of his passing or divorce and their passports must still be in effect at the time they apply in order to be eligible. They can submit the following to the GDRFA in order to apply:
• Evidence of divorce or death, when appropriate.
• The Emirates ID card, housing documentation, evidence of the woman’s ability to support herself financially, and medical clearance documents

There can only be one extension for this kind of visa.

What Takes Place If I Travel Outside The UAE For More Than Six Months? (Rules for UAE Re-Entry)

If you have residence permission and are residing in the UAE, it becomes invalid if you leave the country for more than six months. You cannot enter the nation again without asking for another permit. In this situation, your sponsor may submit another application for a residence permit on your behalf.

The Golden Visa holders and their family members (10-year visa holders) are free from the six-month residency requirement.

• Government employees who are stationed overseas for work or medical reasons.

• Investors who fall within a permitted categorization for residency.

• The spouse of an Emirati national who is supported by her spouse.

• Individuals who are supported by UAE embassies or consulates.

• Foreign-enrolled international students (if they reside in Dubai).

• Domestic workers who travel with their employers abroad.

How can I apply for a visa to live in Dubai?

The country of the United Arab Emirates (UAE) is made up of seven emirates, including Dubai.

Because of this, the procedure for obtaining a Dubai residence visa is the same as it is for any other emirate in the United Arab Emirates (as stated above).

You need a sponsor in Dubai in order to invest or purchase property there. Then, at one of the authorised typing locations of the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai or an Amer centre, your sponsor must submit an application for your admission permit and resident visa.

The post How to Get UAE Residence Visa? appeared first on .

Demand for’ physical’ services rises sprucely at UAE free zones as duty rules come clear.

Dubai Free zones in the UAE are buttressing their status as the go- to places for new businesses – both domestic and those coming by from overseas – with further clarity available on commercial duty impulses ‘designated’ zones can give to tenants. The UAE’s duty authorities have made it clear that businesses grounded in qualifying free zones get to have 0 per cent duty rate, handed certain crucial conditions are met.

Advertisements by Indeed else, free zones have been drawing heavy interest in the time- to- date, especially with new businesses to the UAE seeking office space. In fact, demand for marketable space in free zones was the first to carry a strong recovery, while those grounded in the landmass has been playing catch up in recent weeks. It’s the same whether it’s demand for space at Jebel Ali Free Zone (presently witnessing another round of expansion), DWTC, the DMCC mecca, Kezad in Abu Dhabi, or DIFC.

At the launch of the time, there had been some enterprise that new/ living businesses would take a delay- and- see approach on whether they should conclude for a free zone base or conclude for the landmass license. This had to do with the preface of the UAE’s commercial duty, and business possessors want to know what kind of advantages a free zone presence would give them. More specifically, what would exempt them from the 0 per cent duty rate.

The post Free Zones in UAE will lead the way in luring New Companies as Tax Regulations to become Transparent. appeared first on .

Best Digital Marketing Agencies.

Dubai isn’t just famed for its iconic skyline; it’s also a seedbed for digital invention. As the digital realm continues to shape global business, the megacity boasts a collection of premier digital marketing agencies. Join us as we spotlight the stylish of the stylish in this vibrant megalopolis. List of The Stylish Digital Marketing Agencies in Dubai, UAE Then our list of the ten stylish digital marketing agencies in Dubai that will help bring your vision to life through their effective growth tactics. The Following list is grounded on our exploration and is in no manner an absolute list and the following agencies listed are in no particular order, just a list of great agencies in Dubai.

1. Kabana Online:

Kabana Online is a commanding performance marketing agency that assists well- funded startups and transnational pots achieve their short- and long- term growth pretensions. By executing and enforcing results- acquainted strategies, they help businesses achieve rapid-fire, scalable, and sustainable growth. Kabana Online have a large clientele of over 100 enterprises that have witnessed immense growth and success with the agency’s multi-pronged marketing strategies.

The agency is devoted to offering performance- grounded digital marketing results to its guests through super eminent generation, targeted deals growth, and conversion enhancement. Also, the agency provides a full range of digital marketing services and has a demonstrated track record of success.

• Website: https://www.kabanaonline.com/
• Services: SEO, Performance Marketing, Meta Ads, Google Ads, LinkedIn Ads, Analytics, Affiliate Marketing, Web Development & more.
• Contact Details: D-9, Elco Arcade, Hill Road, Bandra West, Mumbai.
• Email Id: mohsinpatels@gmail.com

2. McCollins Media

McCollins Media is a well-known digital marketing agency in Dubai that offers Web Design and SEO services, Social Media Marketing services, Mobile App Development services, Public Relations, Branding, and Promotion services across UAE and the Middle East.

• Clientele: Midea, DAMAC, RTA Dubai, Fujifilm, Toshiba, etc.
• Contact Details: McCollins Media, G08, Loft Offices 3, Media City, Dubai

3. EDS

EDS, one of the UAE’s top- growing digital marketing agencies, was established in 2006. The agency has experience working across a wide range of digital marketing platforms and presently provides website design and development, SEO and pay- per- click, happy generation, and social media services.

• Clientele: Apple, Audi, Babyshop, Carmudi, 3M, Barclays, etc.
• Contact Details: EDS, Office No. 211, Palace Towers; Dubai Silicon Oasis – 64138, Dubai. Email – info@edsfze.com

4. Digital Nexa

Established in 2005, Digital Nexa is a full-fledged tech-driven digital marketing agency in Dubai offering services like SEO, SMM, web design & development, email marketing, pay-per-click advertising, etc. The agency has come one of the most estimable creative digital agencies with a strong character and won the Mena Search Award in 2017.

• Clientele: Bosch, Audi, Siemens, Canon, Jumeirah, Invisalign, Arbor,
• Contact Details: Digital Nexa, Office No. 1205, Grosvenor Business Tower

5. Traffic Digital

Traffic Digital is a full-service digital marketing agency with expertise in Web Design and Development, Digital Marketing, Enterprise Solutions, Digital Content and more. The expert technologists and marketers at Traffic Digital use sophisticated tools for analysing user behaviour and improving the online presence of their clients. Moreover, the agency offers tremendous digital solutions by optimising digital ads, social media marketing, digital marketing, websites, and more.

• Clientele: Louvre Abu Dubai, Centrepoint, Carrefour, Deyaar, GE, Etihad, GPCA, etc.
• Contact Details: Traffic Digital, Mazaya Business Avenue, Tower AA1, 220, JLT — Dubai

6. 7G Media

7G Media is an award- winning growth agency established in 2007 that serves guests from 30 different diligences. The spectacular platoon at 7G Media brilliantly develops cross-channel digital marketing juggernauts to achieve business pretensions. It offers services like content creation, videotape editing, vitality, web design and development, and social media operation.

• Clientele: Ministry of Finance, Amassi, DroPin, MBRSC, etc.
• Contact Details: 7G Media Office, The Citadel Tower – Dubai

7. United SEO

United SEO is one of the leading digital marketing agencies in Dubai that provides a full diapason of services in creative, digital, and technology fields. Specialising in SEO, Google Adwords, Social Media, Web Design, and Video Production, the agency helps its guests grow creatively.

• Clientele: Land Sterling, Kcal, BOA, Uniformity, etc.
• Contact Details: United SEO, 2202/2203, JBC1, Cluster G, Jumeirah Lake Towers (Dubai)

8. Igloo

Igloo is a completely integrated digital marketing agency specialising in inbound and outbound marketing programs that deliver measurable results. The agency excels in the areas of digital advertisements, social media marketing, websites, and further to give its guests with a vital occasion to get established in the digital request.

• Clientele: Chicco, Mother Earth, Movenpick, Meed, Grand Cafe, Adecco, Meed, Nissan, etc.
• Contact Details: Igloo, #1204, Fortune Executive Tower, Cluster T, Jumeirah Lake Towers (JLT) – 336101, Dubai, UAE. Email – info@weareigloo.com

9. Amplify

Amplify is a ultramodern digital marketing agency in Dubai offering a comprehensive result for all your business digital marketing needs under one roof. With over 25 times of marketing moxie and a decade in the Middle East, the agency launched its Dubai office in 2008. The dynamic platoon at Amplify comes up with useful and effective marketing tactics to help its guests get exposure and attention in moment’s competitive digital arena.

• Clientele: Pink, Wonderful, Hawaiian Tropic, Axis, Shiftah, Radian, Ladival, etc.
• Contact Details: Amplify Marketing Agency, Jumeirah Bay X1 Tower – x3 – Cluster X – Dubai – United Arab Emirates

10. Grow Combine

Grow Combine is an award- winning marketing agency that supports small to large enterprises via its intertwined digital marketing results. With a customer base of 150 brands, Grow Combine is a well-reputed agency with a vision of helping businesses expand with strategic planning, perpetration and prosecution.

• Clientele: Audi, Airtel, Larsen & Tubro, OMFYS, MoCell, Gitco Group, etc.
• Contact Details: Grow Combine, Office 609, Parklane Tower, Business Bay Dubai, U.A.E. Email: hello@growcombine.com. Tel: +447872908711

Digital Marketing Agencies in Dubai

In recent times, the elevation of digital marketing has been inarguable, pressing the pivotal part top agencies play in moment’s geography. With the right digital marketing agency by your side, your business stands to achieve remarkable growth and profitability. Dubai is snappily establishing itself as the technological center of the Middle East. This entrepreneurial haven has witnessed an exponential rise in digital marketing enterprises. These premier agencies in Dubai help brands in diving challenges similar as global online visibility, content applicability, effective followership targeting, robust engagement, and progress criteria.

Furnishing services like SEO, pay- per- click juggernauts, social media strategies, and dispatch marketing, they enable businesses to realize their fiscal bournes in an effective and quantifiable manner. Seeking the stylish digital marketing agency in Dubai? Dive into our comprehensive list to find your perfect fit.

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Dubai Taxi Corporation’s digital metamorphosis strategic plan 2022- 2025 seeks to achieve a host of strategic pretensions similar as digital mobility, excellent operation and fiscal sustainability. Dubai Taxi Corporation (DTC) is set to launch an ambitious digital mobility drive involving AI and big data to further enhance stoner happiness, while preparing the organisation for unborn-ready. The pot’s strategic plan for digital metamorphosis 2022- 2025, unveiled on Monday, seeks to achieve a host of strategic pretensions similar as digital mobility, excellent operation and fiscal sustainability. The new plan is erected on nine crucial motorists – AI, smart earnings, the Internet of effects, smart megacity, big data, governance, security systems and upgraded systems, process robotisation and paperless enterprise, unborn metamorphosis, and smart services.

Artificial Intelligence

The enterprise under this will include an automated AI response (chatbot) to the guest’s inquiries, a voice virtual backing at the call centre to respond to client requests and inquiries, a system for hack demand vaticination to distribute vehicles according to the entered data, and motorist face recognition system to corroborate the motorist’s identity and misbehave with the security measures. The AI enterprise will also use Augmented Reality (AR) to ameliorate the client experience and promote DTC’s services. It’ll also include installation of onboard detectors and linking them to the internal systems to admit announcements before the circumstance of malfunctions.

Internet of Things and creative returns

The smart profit includes the development of points of interest on the DTC App that provides business highlights, a academy machine trip shadowing system that allows parents to track passages, simplify and automate executive procedures, and the capability to pay through the gate. The Internet of effects focuses on developing a system for automating procedures and processes using AI.

Smart Cities & Data

The smart megacity action will be for DTC’s service integration with the service spots and furnishing them to external guests, while the big data programme will be to develop a smart scale for standing motorists ’ performance by guests using DTC App. It’ll also include restructuring data in DTC’s data centres to help in the integration and analysis of data to support decision- timber and prevision the future, besides bringing all services under a single platform.

Upgrades to systems, governance, and security

This action will concentrate on guarding DTC’s database and monitoring systems to help dislocations caused by garcon time-out.

Transformation of workflows and a paperless concept

This will be centred around enterprise that feed to the workers, similar as introducing an attendance operation system, uniting with the Dubai Government’s digital reclamation platform and automating a smart educational system acclimatized for a smart motorist literacy system (LMS). It’ll also include the action aimed to minimize and automate DTC’s paper process deals and develop a plan to cut down on the use of paper deals and carbon emigrations.

The future innovation and intelligent services

The unborn metamorphosis focuses on erecting a system to manage passenger movement for carrying hack and limousine services at Dubai airfields, developing a motorists Airport Queuing System for hacks and limousines at Dubai airfields, and studying constructing a virtual control centre that enables control centre staff access to the systems from any position. The strategy includes the smart services concerned with the integration of client relation operation systems, and developing and automating fresh services for motorists, workers and suppliers.

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The DIFC remained the emirate’s stylish performing position, driven by Brookfield Place, where rents remain well above the wider DIFC normal of around Dh 2,799 per forecourt metre.

Office space demand in Dubai surged by nearly a quarter in the first half of 2023, an “unknown shaft ” led by an increased preference for grade A locales, a new study has shown. Demand in the six months to the end of June rose 23 per cent annually to nearly 54,000 square metres, bolstering the robust demand for marketable office space, consultancy Knight Frank said in its request update on Thursday.

Interest in Grade A developments, in particular, continued to grow during the period, as occupiers – both original and international – increasingly gravitate towards office spaces that are efficiently managed, well maintained and accredited to environmental, social and governance( ESG) morals, the London- predicated establishment said. Tenants also believe that high quality services contribute to gift attraction and retention, Knight Frank said, which would be a pivotal selling point for companies in a competitive pool request. This has led to a strong performance in average office parcel rates in the 25 submarkets Knight Frank observers, it said. Still, this is a challenge for inventors as they try to keep up with continuously rising demand, said Faisal Durrani, mate and head of Middle East exploration at Knight Frank. “ Dubai’s office request continues to witness a severe deficit of force, with just 3 million square bases( 278,700 square metres) of space due to be completed between now and 2026, the vast maturity of which is formerly spoken for. This is against a background of 580,000 square bases (54,000 square metres) of conditions,” he wrote in the report.

“With no force relief in sight and profitable growth being sustained the only way rents are likely to continue trending is overhead Interest in Grade A developments, in particular, continued to grow during the period, as occupiers – both original and international – increasingly gravitate towards office spaces that are efficiently managed, well maintained and accredited to environmental, social and governance( ESG) morals, the London- predicated establishment said. Tenants also believe that high quality services contribute to gift attraction and retention, Knight Frank said, which would be a pivotal selling point for companies in a competitive pool request. The emirate’s frugality, which last time rebounded explosively from the coronavirus – convinced retardation, has carried the growth instigation into this time, supported by the resurgent trip and tourism sector and its fleetly perfecting property request.

The Dubai International Financial Centre remained the megacity’s best- performing position, driven by Brookfield Place, where rents remain well above the wider DIFC normal of around Dh 2,799 per forecourt metre. The 92,900- forecourt- bottom Brookfield Place is the among the world’s 20 largest Leed Platinum rated structures and was also the first structure in the Middle East to achieve a Platinum Wired Score standing, which assesses the quality and adaptability of digital structure in structures. Away in the emirate, Business Bay, the Trade Centre District and Dubai Marina have posted the biggest rise in office rents in the once 12 months, recording 69 per cent, 54 per cent and 54 per cent, independently.

Average office parcel rates in Business Bay were at about Dh 1,894 per forecourt metre, making it roughly 22 per cent more affordable compared to the conterminous Town area with Dh 2,422 per square bottom. Rents in the Trade Centre District and Dubai Marina stood at an normal of Dh 2,077 and Dh 2,153 per forecourt metre, independently.

Office rents in Business Bay were also the biggest rambler from the first quarter of 2020 – the last three- month period before the Covid-19 epidemic took hold – through the alternate quarter of 2023, registering an increase of about 130 per cent, the Knight Frank report said. Growing preferences for ESG- accredited structures in Dubai indicate that the emirate is ahead of the wind, given that ESG considerations are still a fairly incipient generality across the Middle East. There are suggestions that the request is responding to the global green program. These suggestions are apparent through a growing emphasis on sustainability, energy effectiveness and environmentally responsible practices in the construction, operation and operation of parcels,” Mr Durrani said. “Formulator integrating ESG practices appear to be serving financially from the growing demand for ESG- rated office structures. Global blue chip businesses, with green authorizations, are the top motorist behind this and are willing to pay decorations to enthral similar office structures. ”

The solemnity towards more advanced structures are also proving to be a challenge for aged, more secondary office stock, as parcel rates in aged structures are still running pre- Covid situations irrespective of position, Knight Frank said. These suggestions are apparent through a growing emphasis on sustainability, energy effectiveness and environmentally responsible practices in the construction, operation and operation of parcels, Mr Durrani said. “Inventors integrating ESG practices appear to be serving financially from the growing demand for ESG- rated office structures. Global blue chip businesses, with green authorizations, are the top automobilist behind this and are willing to pay decorations to enthral analogous office structures. ” The solemnity towards more advanced structures are also proving to be a challenge for aged, more secondary office stock, as parcel rates in aged structures are still running Pre-Covid situations irrespective of position, Knight Frank said.

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Find your dream manor or flat, secure backing and elect the right real estate agent for you with help from our expert companion to home- buying in Dubai With over 740,000 domestic units completed in Dubai and further than 50,000 presently under development, how do you elect your dream home? With further than 8,000 active real estate brokers and over 3,000 registered brokerage enterprises, how do you indeed choose a real estate agent worth putting your trust in? Then’s a companion to help you make sound opinions while progressing through the home- buying process.

1. Make a Budget

When buying a new home, numerous people find themselves ‘ putting together ’ a budget rather than ‘ setting ’ one, given their limited finances. Before you go home- shopping, make sure you can pool enough finances from different sources, including savings and adopting most generally through a mortgage — to cover the total cost of your property over a period of 10 to 25 times. Consider how important cash you have on hand versus the quantum of plutocrat you can comfortably go to adopt. Considering your current income and profession, are you eligible for a mortgage? The first step is to zoom in on a lender and secure apre-approval on your casing loan. Of your property’s total value, you should be suitable to make a cash down payment of 25 percent for expats and 20 percent for UAE citizens. Determine your debt- to- income( DTI) rate to find out if you could go paying off the rest of the cost through a mortgage in yearly inaugurations. Use an online DTI rate calculator.

2. Find Your Community

Numerous of us image retaining a home in a friendly, serene community with premises , play areas, gymnasiums and pools. Being part of a green, lively neighbourhood has moved up the home- buyer’s docket thanks to a prevailing work- from- home life. still, mates or couples may prefer living in the bustling Megacity Centre. thus, it’s important to make your own wish-list grounded on what a perfect home means to you.

3. Think For Long Term

It’s wise to choose a home in a recently launched structure or community. In addition to the ultramodern layout and installations you’ll profit from, the cost associated with new units coming into the request has been declining compared to old structures.

4. Consider Easy Access

How accessible is the domestic community that you intend to live in? numerous communities in Dubai suffer from business traffic. Time spent coming by and going out of your new hearthstone is a crucial consideration in the decision- making process. Take this point into account during your home viewings and examinations.

5. Factors in Proximity to Key Facility.

How far is your prospective home from points of interest similar as seminaries, hospitals, retail outlets, rest installations, beauty centres and cuffs? Bear this in mind and narrow down your hunt according to your precedence.

6. Find a Trusted Real Estate Agent

As first timekeepers, we all need some form of hand holding. A house quest is no different. Online exploration and asking around can be useful, but you most likely need a property adviser to help you with the heavy lifting. To admit unprejudiced guidance and support every step of the way, you’ll need an unprejudiced real estate agent who’s dealing a wide range of parcels in different locales and from colorful inventors. When dealing with a property adviser , honesty and collective trust are everything. important like musketeers and people you meet daily, you can tell when a real estate broker is being genuine and furnishing you with objective opinion as opposed to fast- selling for achieving the loftiest commission. What’s more, budgeting can be a pitfall for numerous buyers with limited real estate experience. A trusted broker with a proven track record can offer inestimable guidance for those interested in buying a new home, vacation home or making a property investment.

7. Assess the Developer’s Record.

A place to call home isn’t only about the factual living space. Take into consideration the colorful aspects related to the quality of the figure and finishing, the position of conservation and the overall installation operation, all of which echo the character of the inventor. numerous private, small- scale inventors give little attention to structures post-handover, leaving homeowners suffering from conservation issues and lack of support.

8. Understand Your ROI.

How easy is it to rent out your home in case you decided to move out, upgrade or leave the country? What would be the rental yield? Also, iron out the query girding how fast and soon you can vend your home in the secondary request.

9. Make a Best Offer

Do n’t make a hasty, impulsive decision. record a many home and community examinations if you’re still undecided. Once you ’ve settled on a unit, consult with your real estate agent on the offer you’re willing to make. The home value may not inescapably match the asking price. Your real estate agent will advise you grounded on variables similar as how slow or hot the casing request is, how long the unit has been on the request, and other offers on the table. In a slow request, always negotiate.

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