#off plan property ras al khaimah
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Invest in Your Future with Fortune Bay Residence: Off-Plan Properties in Ras Al Khaimah
As Ras Al Khaimah (RAK) continues to rise as one of the UAE’s most sought-after destinations, Fortune Bay Residence emerges as a premier opportunity for those seeking luxurious off-plan properties in Ras Al Khaimah. Strategically located on the serene Al Murjan Island, this extraordinary development is brought to life by the reputable Topero Properties LLC and is set to open its doors in Q3 2026.
Why Choose Fortune Bay Residence?
Fortune Bay Residence isn’t just a home; it’s a lifestyle. With its prime location on Al Murjan Island, this exclusive project offers:
Breathtaking Views: Enjoy panoramic vistas of the Arabian Gulf and the tranquil island surroundings.
World-Class Amenities: Residents will have access to state-of-the-art facilities, including infinity pools, fitness centers, and dedicated children’s play areas.
Seamless Connectivity: Al Murjan Island provides easy access to RAK city center, top-tier schools, and shopping destinations.
Ras Al Khaimah: A Rising Investment Hub
Ras Al Khaimah’s growing popularity stems from its natural beauty, relaxed pace of life, and significant economic development. Investing in an off-plan property in RAK means capitalizing on competitive prices today with the potential for substantial returns in the future.
The Advantages of Buying Off-Plan
Purchasing an off-plan property like Fortune Bay Residence offers several benefits:
Customizable Spaces: Buyers can often choose layouts and finishes that suit their personal preferences.
Lower Initial Costs: Off-plan properties typically require smaller upfront payments compared to ready properties.
Future Value Growth: With the continuous development of Ras Al Khaimah, property values are expected to rise significantly by the time Fortune Bay Residence is completed.
Why Topero Properties LLC?
As a trusted name in the UAE’s real estate market, Topero Properties LLC is renowned for delivering exceptional developments that combine innovation, quality, and sustainability. Fortune Bay Residence reflects their commitment to excellence.
Key Highlights of Fortune Bay Residence
Project Name: Fortune Bay Residence
Location: Al Murjan Island, Ras Al Khaimah (RAK) - UAE
Developer: Topero Properties LLC
Opening Date: Q3 2026
Secure Your Future Today
Whether you’re an investor or seeking your dream home, Fortune Bay Residence offers a golden opportunity to own a slice of paradise in Ras Al Khaimah. Experience luxury living, unmatched comfort, and a prime location by reserving your unit today.
Contact us now to learn more about Fortune Bay Residence and start your journey to owning a premium off-plan property in Ras Al Khaimah.
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Exploring the Wonders of Ras Al Khaimah: A Hidden Gem
Ras Al Khaimah (RAK) is often overshadowed by the glitz and glamour of its neighboring emirates, but this captivating destination offers a unique charm and a plethora of experiences that make it worth discovering.
From stunning landscapes and rich culture to promising real estate opportunities, RAK has something for everyone. Whether you’re a thrill-seeker, a history buff, or someone looking for a peaceful getaway, this emirate invites you to explore its wonders.
Breathtaking Natural Landscapes
One of the standout features of Ras Al Khaimah is its breathtaking natural beauty. With its mix of pristine beaches, rugged mountains, and sprawling deserts, the emirate offers a playground for nature lovers and outdoor enthusiasts. Jebel Jais, the highest mountain in the UAE, is a must-visit for anyone seeking adventure. You can hike the trails or zip-line across the stunning cliffs for an adrenaline rush like no other.
The beaches here are another major attraction. With golden sands and crystal-clear waters, they provide the perfect backdrop for a relaxing day in the sun. Unlike the crowded beaches of Dubai, RAK’s beaches are often less populated, allowing for a more serene experience. Imagine lounging under the sun, with the gentle sound of waves in the background, and the warm breeze brushing against your skin. It's the perfect escape from the hustle and bustle of city life.
A Rich Cultural Heritage
Beyond its natural beauty, Ras Al Khaimah boasts a rich cultural heritage that is waiting to be explored. The emirate is home to various historical sites and museums that tell the story of its past. A visit to the National Museum of Ras Al Khaimah will transport you back in time, showcasing artifacts and exhibits that reflect the region’s history and heritage.
The local souks are also worth exploring. These vibrant markets are filled with the scents of spices, the colors of textiles, and the sounds of lively bargaining. It's a place where you can engage with local artisans, discover handmade crafts, and indulge in traditional Emirati cuisine. Each interaction and every purchase contributes to preserving the local culture and supporting the community.
Thriving Real Estate Opportunities
As Ras Al Khaimah continues to grow, the real estate market is becoming increasingly attractive to both locals and expatriates. There is a rising demand for off-plan properties in Ras Al Khaimah, offering modern designs and luxurious amenities that cater to contemporary lifestyles. Investing in off-plan properties can be an excellent choice, especially for those looking for long-term gains.
These properties often come with flexible payment plans, making them accessible for a wider range of buyers. The appeal of living in RAK, with its beautiful landscapes and relaxed lifestyle, is a major draw. As the emirate develops further, investing in real estate here could prove to be a smart financial decision, especially with the anticipated increase in property values.
Culinary Delights Await
No exploration of Ras Al Khaimah is complete without indulging in its culinary offerings. The emirate has a diverse food scene that reflects its multicultural population. From traditional Emirati dishes to international cuisine, there is something to satisfy every taste bud.
Local restaurants serve up fresh seafood, aromatic spices, and flavorful dishes that tell the story of the region. Imagine savoring a delicious plate of grilled fish while gazing at the sunset over the Arabian Gulf. Dining in RAK is not just about the food; it’s an experience that brings together flavors, sights, and sounds in a beautiful setting.
Conclusion: Discover Ras Al Khaimah for Yourself
In conclusion, Ras Al Khaimah is a hidden gem that offers an array of experiences for every type of traveler. With its stunning landscapes, rich cultural heritage, and promising real estate opportunities, RAK is a destination that deserves to be on your radar. Whether you're seeking adventure, cultural immersion, or a peaceful retreat, Ras Al Khaimah has it all.
So, why not explore this enchanting emirate for yourself? You might just find that it’s the perfect place for your next adventure or even your new home. Embrace the beauty, culture, and opportunities that Ras Al Khaimah has to offer!
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A Comprehensive Guide to Purchasing Off-Plan Properties in Ras Al Khaimah
Ras Al Khaimah is becoming a popular choice for investors and buyers seeking a prime location, affordable property prices, and a higher return on investment. Compared to other developing cities, Ras Al Khaimah offers exceptional value, making it a compelling destination for real estate opportunities.
RAK's combination of lower property prices and potential for high returns on investment makes it a compelling option for real estate investors.
Why to Invest in Ras Al Khaimah
Explore the factors driving Ras Al Khaimah's real estate popularity.
Decreased real estate costs.
Enhanced return on investment, particularly in coastal areas with emerging resorts, hotels, islands, and public attractions.
Discover opportunities to invest in off-the-plan real estate.
Ras Al Khaimah is conveniently situated along the Arabian Sea.
If you're a nature lover,the emirate has several beautiful destinations to choose from, such as Wadi Shawka, Shawka Dam, and Wadi Beeh Dam.
If you're interested in archaeology or history, the National Museum of Ras Al Khaimah is a must-visit.
The city's first artificial island, Al Marjan, increases its real estate desirability.
The region boasts a captivating blend of natural wonders and historical landmarks. From breathtaking landscapes to ancient ruins, its diverse attractions offer something for everyone.
Ras Al Khaimah, with its burgeoning growth and expanding appeal, is poised to rival Dubai as a leading international destination. Its rapid development and increasing attractions make it a promising contender for the next major hub in the region...Read More
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Hometree Real Estate Valuation Services: Your Trusted Partner for Comprehensive Property Valuations in Dubai and the UAE
Welcome to Hometree Real Estate Valuation Services, a premier professional services firm based in Dubai. With a wealth of experience and a commitment to excellence, we have established ourselves as a leading provider of property valuations in the UAE. Our expertise spans residential and commercial properties, ensuring accurate and reliable valuations for a variety of purposes.
Unmatched Expertise and Experience
Since 2005, the members at Hometree have been at the forefront of the UAE real estate market, delivering insights and valuations that our clients trust. The members of Hometree have conducted over 30,000 residential valuations across the UAE for 40 banks. We have played a pivotal role in pricing master-planned developments in Dubai, Sharjah, and Abu Dhabi, covering more than 10,000 units.
Residential Valuation Services
We offer comprehensive valuation services for residential properties, including:
Secured Lending: Accurate valuations for mortgage finance.
Gifting and Golden Visa Valuations: Facilitating property transfers and visa applications.
Financial Accounting and Legal Matters: Valuations for corporate tax, divorce cases, probate, and immigration.
Property Types: Freehold residential apartments, villas, villa compounds, and off-plan properties.
Our services cover all major emirates, including Dubai, Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah.
Commercial Valuation Services
Our commercial property valuations are robust and tailored for:
Secured Lending and Mortgage Finance: Reliable valuations for lending institutions.
Probate and Legal Purposes: Supporting legal proceedings with accurate property values.
Property Types: Offices, mixed-use properties, retail spaces, malls, labor camps, full buildings (commercial and mixed-use), warehouses, factories, and industrial assets.
We specialize in the key markets of Dubai, Abu Dhabi, Ajman, and Sharjah.
Building Consultancy Services
Our building consultancy services are comprehensive and cover:
Snagging and Condition Surveys: Ensuring properties are in top condition.
Reserve Fund Studies and Structural Surveys: Long-term property maintenance and safety.
Reinstatement Cost Assessment and Insurance Valuation: Accurate valuations for insurance purposes.
Cost Allocation Studies: Detailed financial assessments for property management.
We serve villa and apartment owners, Owner's Associations, building owners, and prospective buyers across all emirates, including Dubai, Ajman, Abu Dhabi, Ras Al Khaimah, Sharjah, Fujairah, and Umm Al Quwain.
Strategic Advisory Services
Our Real Estate Strategic Advisory and Research Team offers:
Highest and Best Use Studies: Maximizing the potential of land plots and developments.
Vacant Land Feasibility Studies: Assessing project viability.
Market Research and Pricing Studies: Competitive analysis for new-built and under-construction properties.
Special Asset Analysis: Identifying unique investment opportunities.
Umbrella Valuations and Holiday Home Analytical Research: Comprehensive property evaluations.
We serve clients in Dubai, the entire UAE, the GCC, and beyond, ensuring tailored solutions that align with market dynamics and client objectives.
Instant Valuation Service
In partnership with exclusive technology providers, we offer an instant valuation service that provides immediate property valuations. This service leverages advanced algorithms and market data, ensuring quick and accurate assessments.
Why Choose Hometree Real Estate Valuation Services?
RICS Regulated Firm: Adhering to the highest industry standards.
RICS Tech Partner: Integrating cutting-edge technology in our services.
Fully Locally Compliant: Complying with RERA and DLD regulations.
ISO/IEC 27001:2022 Certified: Ensuring top-notch data security and management.
At Hometree Real Estate Valuation Services, we are dedicated to delivering unparalleled valuation services that meet your needs and exceed your expectations. Trust us to provide reliable, accurate, and insightful valuations that drive informed decisions and successful outcomes.
For more information, visit our website at hometree.ae and discover how we can assist you with your property valuation needs.
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Xperience Realty: To Reach The Best Investment in Dubai Real Estate
Hey, are you here with an aim of making an investment in Dubai?
Do you find difficulty in the process of purchasing property in Dubai?
If yes, Confidence with market knowledge is what is essential in this journey…!
If that’s lacking, know that from now on you are just a short distance away from your desired property in Dubai. Since it is necessary to have a real estate agent to accompany you throughout the process of purchasing property in Dubai, Let’s see how Xperience Realty as a real estate broker company in Dubai can help you in this scenario.
What is Xperience Realty? Xperience Realty is a real estate broker company based in Dubai. Xperience Realty distinguishes itself through a strategic focus on a diverse range of real estate opportunities. Specializing in both off-plan properties and ready properties, the company offers a comprehensive range of options catering to varied investor preferences. This versatility ensures that clients can explore the dynamic Dubai real estate market with confidence. Whether people seek Dubai apartments for sale or pursue profitable off-plan investments, the company's portfolio features premium options.
Xrealty vision Holding an impressive collection of luxury developments such as Address Residences by Emaar, The Acres by Meraas, Rosso Bay Residences, and Nikki Beach Residences by Aldar, Xperience Realty can easily make you reach your desired property in Dubai's diverse real estate market. The company's Chairman and CEO remarked, "Xperience Realty goes beyond the boundaries of a traditional real estate agency, with a concept of taking the investment in Dubai real estate to the next level,” highlighting the company's commitment to maintaining the highest standards.
Xperience Team Xperience Realty together is a team of visionary leaders who always follow a continuous learning process for understanding the evolving real estate sector in Dubai and the UAE. Their strategic Dubai real estate forecast guides the company in identifying profitable opportunities by positioning the company as a leader in the competitive world of Dubai property investment.
Honor of Awards Acknowledging the outstanding contributions, the company proudly accepted the Annual broker awards for the Best Real Estate Brokers from Emaar Properties, strengthening the top position again in the industry. The company has strategically allied with major players in Dubai's real estate sector, including Emaar Properties, Aldar Developers, Meraas, Damac Properties, Nakheel Properties, Sobha, Omniyat and others.
Short List of Properties in Dubai Renowned for the comprehensive coverage of the latest projects from industry giants, the company presents a broad list of the most demanded properties in the UAE. Including the finest of Nakheel Properties like Palm Jebel Ali and Dubai Islands; the most renowned listings of Aldar Developers, such as Aldar Haven and Rosso Bay Residences; the best from Meraas Developers, including The Acres by Meraas, Nad Al Sheba Gardens, and Bluewater’s Island, as well as the top Damac Properties projects and more. The company extends its hands to Ras Al Khaimah, covering prominent projects in Al Marjan Islands, home to the first Casino of the UAE.
Why Xperience Realty? Most importantly the company is recognized as the most trusted property finder in Dubai, providing proper guidance for buying property in Dubai and the UAE. Xperience Realty always places prime importance on a client-centric approach by having a foresight of the future of Dubai. The company's dedicated team works closely with clients, addressing their unique needs and preferences. This personalized service ensures that every property transaction with Xperience Realty is an effortless and rewarding experience.
PropTube For Property Updates As the leading luxury real estate consultancy in Dubai, Xperience Realty understands that most of its clients have busy schedules and prefer keeping track of their investments on the go. So, the company has launched the world’s first real estate video streaming platform named PropTube, enabling its clients to access all of the real estate related updates from mobile devices. Foresight Initiatives from XR
As the industry continues to evolve, Xperience Realty recognized the importance of adapting to the city’s changes and embracing new opportunities. For that, the company introduced Xperience Academy to empower the Xperience brokers by making them up to date with the flows and flaws of Dubai real estate industry. Also came up with the first real estate video streaming platform to make the individuals from investors to real estate giants to be on top to receive the most up to date real estate updates.
Conclusion Xperience Realty is on its way to make up to date upgrades in the sector of Dubai real estate by deviating from the usual path that the hundreds follow. This is to help the investors of all calibers to reach the best investment opportunities in the region. According to the company’s visionary leaders, the firm delivers decades of experience with a next level passion to educate the clients about the best property options such as the most luxurious villas, apartments, penthouses and plots in Dubai. Because as a real estate broker company Xperience Realty’s focus is on making them fit for an ideal Dubai property investment…!!
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Unlocking Opportunities: Investing in Ras Al Khaimah Real Estate
Nestled in the northern region of the UAE, Ras Al Khaimah (RAK) stands as a rapidly growing investment and tourist hub. Despite being overshadowed by the glitz of Dubai, RAK is emerging as one of the largest economic zones in the country.
A Rising Star in the UAE's Economic Landscape
Ras Al Khaimah's strategic location, boasting access to international sea and air transport links, positions it as an ideal business destination. The Emirate's dynamic economy is supported by modern infrastructure, off-plan residential and commercial complexes, tourist facilities and industrial parks. With a GDP of $11 billion and a per capita income of $28,500, RAK is a bustling economic center.
Free trade zone advantages: RAK's free trade zone status provides a range of benefits for entrepreneurs, including full ownership for foreigners, repatriation of capital and profits and zero import and export taxes. The recent launch of RAK Digital Assets Oasis, the first free economic zone for digital asset companies, further cements RAK's commitment to innovation and attracting foreign investment.
Tourism and sustainable development: The government's active investment in the tourism sector aims to welcome 3 million tourists annually by 2030. RAK is also striving to become a regional leader in ecotourism by 2025, demonstrating a commitment to sustainable development initiatives.
A Gateway to Investment Advantages
Investing in RAK real estate comes with a host of advantages:
Growing market: Prices for apartments and villas have seen significant increases, with return on investment (ROI) exceeding 11.6% in some areas.
Property ownership: Freehold zones in RAK allow for full ownership of property, providing security and control to investors.
Favorable prices: RAK offers more affordable real estate options compared to Dubai and Abu Dhabi, with a noticeable price difference of 30-50%.
Tax benefits: With no personal income tax, property owners can enjoy the entirety of rental income, minus minimal maintenance costs.
Subsidized registration fees: Developers in RAK contribute 2% towards the property registration fee, reducing the financial burden on buyers.
High ROI: The average ROI in RAK is 6%, with the potential to reach up to 11.7%, making it an attractive investment opportunity.
Buying Property in Ras Al Khaimah
Before making any property purchase decisions, it's crucial to be aware of the ownership laws. According to Real Estate Law No. 7 of 2006, UAE and GCC citizens have the freedom to purchase real estate anywhere in RAK. However, foreigners have restrictions, with property ownership limited to designated areas zoned for foreign ownership. Types of Foreign Ownership:
Freehold: Complete ownership of both property and land.
Leasehold: Ownership for a set period, usually granted through a lease agreement.
Thorough research and legal advice are essential for foreign buyers, considering the regulations. Exclusive Links Real Estate can provide expert advice, particularly in the dynamic off-plan investment market in RAK.
The Most Sought-after Areas of the Emirate for Buying Property
For those considering property investment in RAK, several sought-after areas include Al Hamra Village, Mina Al Arab, Al Marjan Island, Yasmin Village and Dafan Al Nakheel.
RAK's Residential Revolution is Wynn Al Marjan Island
In a shift from high-profile hotels to residential opulence, EMAAR introduces Wynn Al Marjan Island, a game-changer in Ras Al Khaimah's real estate. Soaring 305 meters above the sea, this multi-billion-dollar integrated resort, set to open in late 2026, promises 1,500 rooms, a first-of-its-kind casino and an array of luxury amenities.
Investor Magnet and Global Frenzy and Recognition
Global investors are flocking to RAK enticed by the allure of long-term rental income and short-term holiday home rentals. The Wynn project, alongside developments by Ellington Properties, Aldar, and EMAAR, is capitalizing on this surge, transforming RAK into a hotbed for real estate investments.
RAK is not just a real estate hotspot; it secures the fourth spot in InterNations' ranking of the best cities for living and working. This recognition highlights RAK's growing global prominence, making it a holistic destination for a quality lifestyle.
New Projects and Exclusive Links Picks for RAK
RAK stands out not only for its grand real estate but also for developer-offered 50/50 payment plans, providing investors with a balanced and attractive proposition. This financial flexibility fuels the new red-hot draw - that is Ras Al Khaimah.
Oceano by Luxe Developers
Address Residences by Emaar
Quattro Del Mar by R.A.K Properties Ras Al Khaimah's thriving economy, strategic location, and investor-friendly regulations make it a promising destination for real estate investment. With Exclusive Links Real Estate's expertise, navigating the dynamic market of RAK becomes a seamless journey towards lucrative property ownership. Although we have 2 offices in Dubai we have agency agreements with all the developers selling in the primary market in RAK and our Off Plan Specialists are happy to help you make an unbiased decision based on your requirements and appetite.
Speak with our Off Plan Manager Anthony Taylor on +97150 348 4421 or drop him a whats app and we can forward you online brochures on each of the projects mentioned with floor plans and pricing. You can also email [email protected]
Visit our Blog Here>>
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Company formation
We are an elite professional team which will help you Set-up your company from start to finish. We will take care of all your documentation work along the process. Just hire us and sit back, relaxing. Types of entities possible in UAE Free zone companyOffshore companyLimited Liability CompanyBranch and representative officesJoint ventureProfessional firmsShareholding companiesMainland business (trade) U.A.E. free zones What are the benefits of UAE free zone? 100% foreign ownership is allowed100% repatriation of capital and profits possibleZero personal or corporate income taxes, customs duties, import/export taxesVery few restrictions on recruiting labourShared services and synergies with other companies No bureaucratic red-tapismState of the art infrastructure Major Free Zones in UAE Dubai Dubai is the business hub for many prestigious free zones among all emirates. The major free zone in Dubai are: Jebel Ali Free Zone (JAFZA)Dubai Media CityDubai Internet CityDubai Silicon Oasis AuthorityDubai Airport Free Zone Besides the above, other free zones available based on the nature of business are: Dubai International Financial CentreDubai Gold & Commodities ExchangeDubai Gold & Diamond ParkInternational Media Production ZoneDubai Studio CityDubai Biotechnology & Research Park.Knowledge Village Dubai Academic CityDubai Multi Commodities Centre & Jumeirah Lake TowersDubai Health care CityInternational Humanitarian CityDubai Outsource ZoneDubai Flower CenterDubai Maritime CityDubai Logistic CityEnparkDubai Textile VillageDubai Cars & Automotive Zone (DUCAMZ)Awir Free ZoneDubai Carpet & Textile CityDubai Sports City Abu Dhabi The major free zone options in Abu Dhabi are Abu Dhabi Airport Free zoneHigher Corporation for Specialized Economic Zones( HCSEZ), also called Zones CorpKhalifa Industrial Zone Abu Dhabi (KIZAD)The Abu Dhabi Media Free Zone which is also called Twofour54 Sharjah Hamriya Free zone Sharjah Media city free zone Sharjah airport free zone RAK The major Free Zone options in Ras Al Khaima are Ras Al Khaimah Free Trade Zone (RAK FTZ)Ras Al Khaimah Investment Authority (RAKIA) Free ZoneRas Al Khaimah Media Free Zone(RMFZ) Fujairah The major Free Zone options in Fujairah are Fujairah Free ZoneFujairah Creative City Ajman The major Free Zone options in Ajman is Ajman Free Zone Sharjah LLC formation Located in Sharjah, and its unique advantage as the only hub with ports on the Arabian Gulf's west and east coasts with direct access to the Indian Ocean and North Africa and an International Airport, Sharjah offers unmatched possibilities for investors. It's trading accounts for more than 45% of the GDP of the Emirates. A limited company may be formed by a minimum of two and a maximum of fifty persons whose liability is limited to their shares in the businesses capital. Most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that'll give maximum legal ownership i.e. 49% to the expatriates for a trading license. As it is compulsory to keep one UAE national as a partner in the LLC company, prospective investor has to choose one UAE national (sponsor) as a partner in the company. Entrepreneurs set up a Sharjah LLC because operating costs are lower than in neighbouring regions. Advantages of a Sharjah LLC LLC is the most common company formation in Sharjah.No deposit customs policy for cargo in transit between Sharjah seaports and the SAIF zone, being an advantage for trading LLC’s, unlike other emirates.Unique location advantage with 3 sea ports and an airportLower operating costsWhile foreign equity in the company may not exceed 49%, profit and losses will be shared in a ratio different to that of the share capital ratiosNo specific minimum capital requirementsThe investor becomes the partner in the company.The investor gets the investor visa under which he/her enjoys an investor’s status in Sharjah along with his/her family.The investor can create more branches at different places for his activities.LLC managers can be national, foreign or third party members.The investor can run the business without the day-to-day interference of the local national partner.The assets and capital created will be in the name of the company and not in the name of the local national partner.Easy to open global corporate bank accounts following Sharjah LLC set up Syndicate Business Consultancy will be working on your business set-up from start to finish. Dubai LLC formation Dubai allows LLCs to come up with flexible, differential profit sharing arrangements. This can give you a great edge as the 51% local equity rule is inflexible in most cases. A limited company may be formed by a minimum of two and a maximum of fifty persons whose liability is limited to their shares in the businesses capital. Most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that'll give maximum legal ownership i.e. 49% to the expatriates for a trading license. As it is compulsory to keep one UAE national as a partner in the LLC company, prospective investor has to choose one UAE national (sponsor) as a partner in the company. The time it takes to form a company will be approximately 1-2 weeks from the date of receipt of all documents. The licensing Authority in the Emirate of Dubai is the Department of Economic Development. Advantages of a Dubai LLC While foreign equity in the company may not exceed 49%, profit and losses will be shared in a ratio different to that of the share capital ratiosThe most popular method of establishing a commercial company in DubaiA Dubai LLC offers unrivalled access to Dubai and the wider UAE economyThrough a Dubai LLC, international entrepreneurs obtain Trade Licenses from the Dubai government No specific minimum capital requirementsThe investor becomes the partner in the company.The investor gets the investor visa under which he/her enjoys an investor’s status in Dubai along with his/her family.The investor can create more branches at different places for his activities.The investor can run the business without the day-to-day interference of the local national partner.The assets and capital created will be in the name of the company and not in the name of the local national partner.Only a few restrictions on the activities of a Dubai LLCEasy to open global corporate bank accounts following Dubai LLC set up Syndicate Business Consultancy will be working on your business set-up from start to finish. Offshore Company formation As “tax-free” business territory, UAE is one of the best jurisdictions in the world for incorporating an offshore company. Going offshore is the most modern popular way of managing business as they offer excellent and tax-efficient strategy for entrepreneurs. What makes an offshore company in UAE unique? UAE is an independent or ‘overseas’ territory and is white-listed.UAE has Double Taxation Avoidance Agreements (DTAA’s) with several countries, currently more than 40. Benefits of UAE offshore company 100% foreign ownership is allowedNo necessity for finding a UAE national a shareholder or sponsor.There is no public register of company officers. Complete anonymity and privacy Company can own real estate properties on approved areas by the AuthorityHold multi-currency bank accountsThe offshore company is exempted from all corporate and income taxes.There are no foreign currency restrictions.Full repatriation of the profits and capital is allowed.The setting-up costs are comparatively less.There is no onshore office and accordingly, there are no employees and related costs.Only minimum capital is required to set-up an offshore company.Minimum of 1 Director / Shareholder Branch and Representative Office formation services We undertake to assist the A to Z procedures relating to Branches and Representative Offices in UAE from Details at a glance A branch office is permitted to promote and market the products of its parent entity.Also, it can enter into transactions and offer services to customers.Representative offices are only allowed to promote/market the business activity of parent company.And cannot enter into a transaction in the name of its company Look after the entire process of establishing your branch or representative offices. We give strategic inputs, help select local sponsors, assist to select locations, on your business plan, and also paperwork and documentation formalities. Useful Tips on Dubai Branch/ Representative Offices No personal income and capital taxesNo corporate taxation100% repatriation of capital and profitsNo currency restrictionsCompetitive import duties (5% with many exemptions).Abundant and inexpensive energy supplySimple staff recruitment proceduresCompetitive freight charges. A Dubai Offshore Company is an excellent corporate structure because: A Dubai Offshore Company is tax-free. No taxation (no capital gains tax, no value added tax, no withholding tax, no personal income tax, no corporate tax)A Dubai Offshore Company portrays a good image to your Clients and suppliers.There is no public register of shareholders and directors.A Dubai Offshore Company is quick to incorporate.Dubai Offshore Company is not obliged to maintain its books and records.Stronger legal system.No residency visa required to set-up the bank account.Only those companies formally registered as offshore entities with Jebel Ali Free Zone Authority (JAFZA) alone, will be considered eligible to register their properties with the Land Department.Dubai Off-shore Company does not need to have a physical office in the U.A.E.Dubai Offshore Company may own shares in other companies in the U.A.E. and worldwideGlobally respected jurisdiction Restrictions on Dubai Offshore Company Dubai Offshore Companies can ideally carry out business activities only outside the U.A.E, unless it has a branch, subsidiary or owns shares in a local company in the U.A.E. It may not be engaged in banking, insurance and re-insurance businesses. Read the full article
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Property For Sale in Ras Al Khaimah is also in no way a less suitable or appropriate off-plan land growth entity to invest in, not as mainstream as the broader Emirates in the area such as Dubai and Abu Dhabi.
#dxb#dxblife#Property#PropertiesForSale#dubaiproperty#PropertiesforSaleinDubai#DAMAC Dubai#DAMAC properties#DAMAC Hills#Bermuda#bermudaVillas#owndxb#3BR4BR Bedrooms
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Purchasing a Property in UAE 2021
Having own property is everyone’s dream. Purchasing property is never easy until or unless you make it. To find the property at great deals without hassle you need planning.
As we know that all persons doesn’t purchase property for home even some do want it for good investment. So with which option you should go we have few tips to decide for the same:
Planning for investment or home:
It is the most important factor that whether you are purchasing the property for investment or for home. While purchasing for the home it becomes easier as compare to investment.
If you are non-UAE resident and you have long term plan for living in UAE then you should purchase a home, because for long term in renting you will also pay a lot and you can’t have a feeling of your home.
If it’s an investment opportunity you want, then you need to find out which country will give you the best rental return.
Also note : Mortgage rates in UAE 2021
Location:
It is other important thing which should be best for house as well for the property purchase for any investment. Try to invest in the property area which is already developed , it should be near by school, Metro , shopping malls and other basic necessities.
Prior to buying any property make sure you know of any future development plans in the surrounding as this can potentially affect the future valuation of your property.
How much you know about market:
Try to check it out the Dubai market about its highs and lows. By that you can come to know when the property prices are increasing and falling.
Best mortgage for the property purchase:
You have to check it out the mortgage rates which suits you.
https://www.compare4benefit.com/all-loan/mortgage-home-loan
Compare the mortgage rates and go for the your mortgage:
The key to securing a good mortgage is to cut off the danger such as getting locked into a mortgage because of hefty transfer fees or early settlement fees. It’s also worth remembering the UAE Central Bank did try and introduce caps on mortgage lending earlier this year. The caps on how much consumers could borrow were suspended for further consultation after the banks lobbied against them — but those caps could be in place by the end of this year.
How much risk you can take:
You do everything at a risk it could be good at outcomes sometimes and sometimes not. The people who made the most in the UAE’s last property boom took a risk and invested in what was then a very new property market. When you are investing , invest it at good times. So, whatever your decision, tread carefully.
For the foreigner who are living from a long time and are thinking that owing house is good option than renting .They have a good news . Outlanders can buy property at different locations in Dubai, Abu Dhabi and The North Emirates
Below are the locations listed for property purchase in UAE :
Dubai
If you are an outsider currently living in the United Arab of Emirates, Dubai law states that you can buy:
A leasehold property
A freehold property in one of the 23 freehold areas including Al Barsha South, Emirates Hills, Jebel Ali , Sheikh Zayed Road , Dubai Marina and Palm Jumeirah.
The Northern Emirates
Outlanders can now make freehold and leasehold purchases in Ras Al Khaimah , Sharjah , Ajman and Umm al Quwain. Most of the available property tends to be on a leasehold basis.
Abu Dhabi
Non- GCC nationals ( people not from the UAE, Bahrin , Kuwait, Qatar, Oman or kingdom of Saudi Arabia ) are able to buy leasehold and freehold property in designated investment zones in Abu Dhabi , These include Yas Island, Reem Island, Saadiyat Island, Raha Beach, Al Reef Village and more
Can expats get the mortgage to purchase property in the UAE?
Expats can get a mortgage from lenders operating in the UAE but there are some restrictions. The UAE Mortgage Cap law requires non- UAE nationals to have a cash down payment of at least 20% of the property value 9 15% for UAE nationals) plus associated purchase costs.
Now the question is how you will save this down payment ???
Do not need to worry for the same we have provided you some tips below:
There’s no getting around the need for a down payment when it comes to buying a property in the UAE. Unlike some areas of the world, there are no 100% mortgages here! Expats are required to have at least a 20% down payment, and UAE nationals need 15%.
You can save money by reducing unnecessary spends such as you spend on malls and eating at restaurants or going for unnecessary gym partnership of 1 year .
You should for the highest interest rate saving options and as we know that investing in house is long term investment so while on rent try to go for low budget property.
You should go for strict monthly budget and stick to it and try to safe more.
For the same you should use a mortgage broker because broker has good communications with the lenders and output will be great. It will save your money and he will give you many options according to your needs. On the other end you can save your time also because you don’t need to go to various locations and call many persons.
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A Comprehensive Guide to Purchasing Off-Plan Properties in Ras Al Khaimah
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