Real estate in UAE has become quite popular and is an excellent option for foreign investors. However, there are some taxation and visa issues that you should be aware of before making your purchase.

Kamal Real Estate Hub

Kamal Real Estate Hub is one of the most popular communities in Abu Dhabi. The community offers a wide selection of residential properties including apartments, villas, and land. It is conveniently located, close to the Abu Dhabi International Airport, and provides easy access to the city's business and industrial districts.

Kamal Real Estate Hub is a popular real estate investment opportunity because of its affordability. Rents are reasonable and apartments provide a great return on investment. However, there are some parking issues. In the future, this should improve as more infrastructure is built around the community.

Kamal Real Estate Hub is a mixed-use development on the outskirts of Abu Dhabi. It is surrounded by pleasant greenery and features a number of commercial and residential areas. Several parks are also available in the area.

Yas Island

Yas Island is a man-made island located in Abu Dhabi. It is known for its luxury hotels and recreational activities. The island has an ideal location for family and leisure tourists.

Yas Island is also an ideal investment destination. It offers apartments and villas for sale. You can find one and two-bedroom flats and three and four-bedroom houses for sale. A studio apartment on the island costs AED 635,000 and a three-bedroom flat costs AED 2,670,000.

One of the most popular attractions on the island is its beach. Its white sand beach makes it a top tourist spot. Another attraction is its bike-sharing system. This makes it easy for residents to get around the island without spending a fortune.

Saadiyat Island

Saadiyat Island is one of the most beautiful areas in the United Arab Emirates. Located just off the coast of Abu Dhabi, it is a destination for those who enjoy beaches, culture, and luxury.

Currently, a number of residential, commercial, and tourism projects are being implemented on Saadiyat Island. These projects will make the island a tourist attraction and cultural center of the UAE. This will also open up opportunities for local property rentals.

The island offers high-quality education, medical care, and a safe, high-class lifestyle for those who live here. There are a number of leisure and cultural activities, such as art fairs, film screenings, robotics workshops, conferences, and more.

Tilal City

Tilal City is a planned community located in the heart of Sharjah. It is a modern, mixed-use, real estate development that offers a wide range of housing and lifestyle options.

A joint venture between Eskan Real Estate Development and Sharjah Asset Management, the development is a 25-million-square-foot mixed-use project with a residential, commercial, and entertainment focus. The project is set on Emirates Road (E611), near the border with Dubai.

In addition to residential units, Tilal City features a range of shops, commercial buildings, office space, and public amenities. There will also be numerous green spaces for relaxation and recreation. Some of the facilities include playgrounds, community centers, and parks.

Property investor residence visa

There are a number of long term residence visas that allow you to live and work in the UAE. These are offered by the Dubai Land Department (DLD) and are available for three, five and ten years. You can also get a green card that will let you live in the UAE for six months after the visa expires.

The long term residence visa is also available to investors who invest a minimum of AED 10 million in real estate in the UAE. This visa can also be used to include family members such as spouses and children.

The 10-year visa also allows you to have advisors and business partners. It is a good idea to contact a visa advisor to find out the specific requirements for a visa.

Taxation issues

The UAE has long enjoyed zero taxation, except for oil and gas companies, but that doesn't mean the country is immune to the impact of the government's decision to introduce federal corporate tax (FCT). This new regime will have significant implications for the real estate industry.

It's important to remember that the FCT is not limited to UAE nationals. Those with an offshore company in a free zone are also likely to be impacted. However, this will be subject to further scrutiny.

For starters, the FCT has no set exemptions. Instead, its design is based on global best practice. In other words, it has a lot of stuff. And it's aimed at encouraging investment in the UAE.

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