Your “home country” Will does not cover your Abu Dhabi property. Abu Dhabi property was specifically excluded by Federal Decree number 29 and 30 of 2020 from the new laws on recognition of “foreign” wills. So how can you stop UAE law applying to the inheritance of your UAE home? The answer is simple, get your “home country” Will registered by the Abu Dhabi Courts. In 2018, the Abu Dhabi...
You can obtain a ten-year Golden Visa upon buying a property (built or Off-Plan property) with a value of no less than AED 2 million, and visas can also be issued to the holder’s spouse and children. FAQs Can I get a visa if I have an off-plan property? Yes you can, if it is paid up to AED2mWhat are the costs to get the Golden Visa? About AED2,500 but you will also need health insurance for all...
Abu Dhabi recently signed a deal with the company to promote the holiday home sector in the capital Gillian Duncan Feb 18, 2022 Abu Dhabi recently signed a deal with Airbnb to promote the holiday home sector in the capital, following the tourism department's request for holiday homeowners to register on its new online licensing system to help regulate and enhance the market in...
‘Cloud Living’ offers flexible stay options, and all-in-one pricing with no hidden costs or utilities Aldar worked with Department of Culture and Tourism - Abu Dhabi and Lavanda to devise a new regulatory framework that enables fully flexible short and medium-term leasing by Rohma Sadaqat Published: Tue 1 Feb 2022, 7:38 PM Aldar has announced the launch of Cloud Living,...
More than 4,180 apartments and villas were completed in the emirate, according to property consultancy ValuStrat The capital values of villas and apartments in Abu Dhabi rose to their highest level in five years in the fourth quarter of 2021, underpinned by a broader recovery in the UAE economy, according to property consultancy ValuStrat. The ValuStrat Price Index (VPI) for Abu...
Image Credit: Virendra Saklani Multiple entry tourist visa for all nationalities A new multiple entry tourist visa can now be issued for all nationalities, in a step that aims to facilitate the process for tourists and visitors. The five-year visa enables tourists to enter multiple times on self-sponsorship and remain in the country for 90 days on each visit, which can be extended for another 90...
Major amendments made to UAE Federal Law with aims to achieve faster and easier procedures Filer photoby Sherouk Zakaria Published: Tue 28 Dec 2021, 4:14 PM Last updated: Tue 28 Dec 2021, 10:44 PM Starting January 2, 2022, bounced cheques will be decriminalised across the UAE, except those issued in bad faith. The Federal Decree-Law No. 14 of 2020 presented major...
Commercial Transaction Law amendments decriminalise dud cheques, with exceptions Changes to UAE’s Commercial Transaction Law – which include narrowing the scope for criminalisation of returned or “bounced” cheques due to insufficient funds – will be effective starting today (January 2)Image Credit: Shutterstock Dubai: Changes to UAE’s Commercial Transaction Law – which include...
Abu Dhabi homebuyers are not only the people planning to live there but also those considering villas investment in Abu Dhabi. An increasing number of foreign investors purchase homes to rent them out. Prices for villas in Abu Dhabi are competitive compared with similar properties in major cities in Europe and the United States. Why buyers prefer homes in Abu Dhabi? In the United Arab Emirates,...
THE LONG-DELAYED ABU DHABI MUSEUM BY FRANK GEHRY frank gehry’s guggenheim museum in abu dhabi has a new opening date: 2026. the news was revealed by the guggenheim’s director, richard armstrong, at a press conference in basel. ‘we think it should be five years from next week,’ the art newspaper reported, adding he will visit the middle east...
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