VAT on Real Estate UAE: Rules Owners, Landlords and Developers Must Know

Quick answer: UAE VAT on real estate follows a three-way split. Residential rent and resale are exempt. Commercial property, both sale and rent, is standard-rated at 5%. The first supply of a newly completed residential property, within 3 years of completion, is zero-rated at 0%. Bare land is exempt. The part that catches most landlords […]