Beachfront hotel in Palm Jumeirah.
Description
The building with an area of about 16,500 m² consists of 210 rooms.
There are 3 restaurants, a conference room, a parking for 70 cars, a swimming pool, a gym.
The plot area is about 5,000 m².
Federal tax (VAT) — 5%.
Registration fee (Dubai Land Department transfer fee) — 4%.
Brokerage fee — 2%.
The property is located in Palm Jumeirah.
Dubai is the largest city in the United Arab Emirates, the administrative center of the emirate of Dubai, the most important commercial and financial center of the UAE and the entire Middle East.
Dubai does not have some significant types of taxes: corporate income tax, capital gains tax, personal income tax, as well as tax on repatriation of income. The UAE also has double tax treaties with more than twenty countries around the world. Free economic zones (FEZ) are of great value in doing business in Dubai. The offshore zone is located in the Jebel Ali area.
