New Developments - Dubai . . .

     Dubai has a very eventful social calendar. With international sporting events, shopping and entertainment festivals, music and cultural programs held at various indoor and outdoor venues all year - round. Varying from the world’s richest horse race - The Dubai World Cup, and International Jazz Festivals, to the home grown Dubai Shopping Festival, Dubai also hosts regionally significant exhibitions and trade shows on a regular basis.

      Dubai is home to Ski Dubai - the first indoor ski resort in the Middle East. This unique resort spans 22,500 square meters, which is temperature controlled at -1° to -2°, and covered with real snow throughout the year. The theme of Ski Dubai is that of a mountain resort - with qualified instructors to guide you through the intricacies of learning to ski or snowboard. Inside the resort, a retail shop, themed restaurants and the world’s largest Snow Park, offer something for everyone.

     As a leading regional commercial hub privileged with a state-of-the-art infrastructure and a world-class business environment, Dubai provides investors with a unique and comprehensive value-added platform that make Dubai the logical place to do business.

The Most Pro Business Attitude

• Dubai believes that "if its good for business, its good for Dubai"
• Sophisticated fast track business initiatives (business set up in 20 minutes in free zones).
• 139 of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai.
• Robust economic clusters including technology & Internet hub, media hub, finance hub & healthcare hub.
• World class free zones.
• The Best Regulatory Environment.
• No Corporate Tax -The only exceptions to this are oil producing companies & branches of foreign banks.
• No Income Tax.
• 100% Ownership in Free Zones.
• No foreign exchange controls, trade barriers or quotas.
• No restrictions on capital repatriation.
• Strong investor incentives and protections.
• Easy access to key decision makers.

Relatively Low Cost Work Environment

• Access to low cost regional talent.
• State of the art telecommunications.
• Competitive energy costs.
• Competitive real estate costs.
• Competitive import duties (5% with many exemptions).

Contracts & Solicitors
      Two contracts are sent to the client after reservation and both need to be returned to Construction company. One contract will be certified and returned back to the client. A high percentage of clients do not use solicitors when signing contracts as they are non-negotiable. Should you wish to find a solicitor, an internet search is a good way to go.

Utilities & Services
     Utilities are the responsibility of the client. Currently DEWA (Dubai Electricity & Water Authority) have a monopoly on utility services. Costs vary dramatically between winter and summer and whether people have balcony doors open or closed etc. An average cost for power and water per month would be approx AED 800. White goods (ie.kitchen / electrical appliances) are project specific. Fridge and cooker are normally provided as well as designer kitchen and bathroom. The sale contracts give details of the white goods, if any, included in the price.