Dubai-based real estate company Al Mazaya Holding has announced that it has bought back 6% of its shares in a bid to boost the market value of the company's equities. This decision follows the recent introduction of a law allowing companies to buy back a maximum of 10% of their total shares....
Abu Dhabi-based developer Al Maabar has announced plans to launch a Dhs36.5bn mixed use residential and leisure project in the Iraqi capital. The project will include some of the largest entertainment spots in Baghdad, including parks and cinemas. Al Maabar is backed by developers Aldar, Sorouh, Ree...
Abu Dhabi-based developer Aldar has announced that John Bullough, the group's COO, will take the helm as the company's new CEO. Former chief Ronald Barrott will remain on the board and act as advisor to the chairman....
The contract for enabling and piling works for the Creek Towers and Plaza project in Dubai Maritime City has been awarded to Sharaf Foundations. The project is expected to be completed by Q3 2009 and work will cover 69,000sqm....
Dubai-based mortgage provider Tamweel has been given a long term issuer default rating of 'A' by Fitch Ratings, which reflects the strong probability of government support. The company's individual rating is only at 'C/D', reflecting concerns over wholesale funding in worsen...
Landvest Dubai
offers a comprehensive range of Dubai investment properties in Dubai. Investment properties are now available with 100% freehold status in areas such as Jumeirah, Jebel Ali, Dubai Marina,
The Palm Jumeirah
, Dubai land and sports city.
Dubai investment properties are varied in price. It ranges from around 43,000 GBP up to anything over 5,000,000 GBP. Dubai investment properties are available in property type’s apartments, Villas and Penthouses in some of the most scenic locations of Dubai. The properties are still in high demand due to population increases year on year.
Investment properties in Dubai usually come with first class communal facilities including Health areas, restaurants and other retail shops. It is available both residential and commercial. Dubai investment properties if rented are tax free income generators.
Dubai investment properties are subject to maintenance charges and not subject to Legal fees when purchasing. Dubai investment opportunities are not liable to stamp duty when bought. Appreciation on value of investment properties are not subject to tax. Dubai investment properties are subject to a 1.5% local municipality tax on completion registration.
