Saturday, 25 May 2024

Investment Opportunities Arise in Dubai South with the Dubai New International Airport Announcement - Al Maktoum International Airport


This Month began with the significant announcement of injecting a $34.8 billion investment to develop passenger terminals and other infrastructure at Al Maktoum International Airport, which will be Dubai’s new hub of air transit, operations, and cargo within 10 years.
Designs have been approved and construction is already underway on the new airport, which is also known as Dubai World Central and located in Dubai South — a prime and up-and-coming location in the emirate.

Al Maktoum International Airport expansion shall give a booster to real estate demand in Dubai South in the long term. The Dubai South region is still untouched and offers attractive investment opportunities for sure.

The airport is a strong addition to the local economy and will support economic growth as a whole while achieving the airport’s goals, in addition to its positive role in stimulating the sectors of construction, tourism, travel, transportation, real estate, logistics services, retail, export, import and communications, creating opportunities for national companies with thousands of job opportunities, and attracting FDI to participate in the project.

The Real Estate sector will be the most prominent beneficiaries of the airport project, as it enhances the transportation infrastructure in this region, and it will require providing housing and accommodation services for expatriates and travelers, whose number will exceed a quarter of a billion passengers annually.

Dubai South provides attractive real estate opportunities at attractive prices, as the project contributes to stimulating sales of real estate of various categories, whether residential units, villas, townhouses, or commercial stores, especially off-plan sales to benefit from lower prices now, because it is expected to rebound with the completion of the project amid high expectations of strong demand for the region.

Dubai South was launched in 2006 as an embodiment of the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai by highlighting its urban and community elements in full accordance with the “Dubai Plan 2021”.

Dubai South is the largest urban real estate development project in Dubai, as it focuses on providing an integrated system for the aviation and logistics services sector. The project is designed to become a global transportation hub and a major contributor to achieving economic growth in Dubai in particular and the UAE in general. It also includes a free zone that provides a conducive environment for business and living, as it provides a diverse mix of homes and residential apartments that suit different living styles. So, even if you wish to set up a company in Dubai South or wish to register a company in Dubai South, you have the option to open a company in Dubai Freezone

Banking on the multiple advantages of the Al Maktoum Airport project, investors should make decisions as soon as possible to buy a property in Dubai South, because any delay means losing gains in a pristine area that still has a lot to achieve in terms of price jumps in the real estate sector, so it is important to snatch opportunities. Brokerages will be pleased to offer their experience and services to help people identify the best projects out there.

There are many projects available with us with which you can start your investments in Dubai South.

Few of them are -

1. Parkside Villas By Emaar Properties
The Parkside is a community-friendly residential project that is constructed with top-notch amenities and boasts of 3 to 4 bedrooms. Moreover, these villas are surrounded by greenery making it a spacious yet natural location for nature lovers. Aimed to be the greenest properties in the town, it could be a great choice for investors.
Unit Size: 1,851 to 2,543 Sq Ft. (3 and 4 bedrooms)
Only resale available: Starting price 1.75M AED 
Location: Emaar South 

2. Greenway at Emaar South
Ever dreamed of having floor to ceiling windows, so that you can calmly experience the beauty of your surroundings? If yes, then, here at Greenway you get to live this dream. It is a well-gated community, with best security, sophisticated home interiors and best rated schools, thus making it a suitable option for families as well. 
Unit Size: 1,811 to 5,487 Sq Ft. (3 and 4 bedrooms)
Prices: Starting from 3.15M AED 
Location: Emaar South 

3. Expo Golf Villas
These luxurious Expo Golf villas are situated just a few minutes away from the Expo city 2020 and of course our upcoming World Aviation center. In addition, these villas could be a great asset for investors as the high quality villas have their own pool, lawns and a play area for kids. Above all, the 18-hole championship golf course will definitely increase the worth of your investment with the upcoming future plans of Dubai. 
Unit Size: 1910 to 2264 Sq Ft. (3 to 4 Bedrooms) 
Prices: Starting from 1.3M AED
Location: Emaar South 

4. Greenview Villas
The Greenview villas are a part of the Expo Golf villas known as Phase 4. As an investor, if you are looking for a place away from the city yet close to all necessities, then this one is your go to, especially because of the luscious greens that surround these villas. 
Unit Size: 1878 to 2396 Sq Ft. (3 to 4 Bedrooms) 
Prices: 1.79 M AED
Location: Emaar South 

5. The Pulse Villas
The Pulse Villas are one of a kind. Every home is equipped with its own private garden, 2 parking spaces and even a maid’s room. Who would have expected that! Certainly, this residential place is bound to give you a greater return on your investments, if you do it at the right time. And now is definitely the right time! Unless you’re waiting for the prices to spike! 😂
Details according to The Pulse Villas:
Unit Size: 1894 to 2228 Sq Ft. (2 to 4 Bedrooms) 
Prices: Starting from 1,022,925 AED
Location: Dubai South 

6. The Pulse Townhouses
The Pulse Townhouses are just 30 minutes away from the Dubai Mall, Palm Jumeirah and Burj Al Arab. The Al Maktoum Airport is in fact just approximately 18 mins away, which could be a great pick for investors, as it’s neither too far away nor too close to the bustling side of Dubai. As and when you need a change in environment, you may easily take a drive 🚘 to the cities and enjoy your trips fruitfully. 
Unit Size: 1862 to 2372 Sq Ft. (2 and 3 bedrooms) 
Prices: Starting from 1,440,000 AED 
Location: Dubai South 

7. Expo City Residences
Expo City Residences, which are built with the state-of-the-art infrastructure and are best suited for investors who wanna experience exclusive lifestyles and ease to attractions in the vicinity. You may wish for anything and here it is, right at your doorstep. Indeed, who wouldn’t want to end their day in the Jacuzzi 🛁 hot tub😉? Therefore, consider Expo City Residences as one of your investment opportunities near Al Maktoum Airport
Unit Size: 969 to 4084 Sq Ft. (1 to 4 Bedrooms) 
Prices: starting from 1,380,000 AED 
Location: Expo City Dubai 

Frequently asked questions (FAQs)

When is Emirates moving to Al Maktoum Airport?
Emirates airline plans to relocate to Al Maktoum International Airport by 2034. This move is part of the D33 programme, as confirmed by Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO of Emirates Airline and Group.

What are the future plans for Al Maktoum Airport?
The future plans for Al Maktoum International Airport include:

Expanding to a two-runway facility
Handling up to 20 million passengers annually by 2030
Dallas-based AECOM has been awarded the contract to provide project management, master planning, design, and construction services for these expansions.

How big is the Al Maktoum Airport?
Al Maktoum International Airport, also known as Dubai World Central (DWC), will cover 27 square miles once fully completed. It aims to:

Handle 260 million passengers annually
Accommodate 12 million tons of cargo per year
This extensive capacity will make it one of the largest and busiest airports globally.

Is it good to invest in properties in Dubai South ?
Yes, ofcourse, with the development happening and expansion of Al Maktoum International Airport in the coming years, the chances of high appreciation and high returns along with good rental yields in real estate properties is very good if you are looking to buy property in Dubai South near by Al Maktoum Airport

Can we expect very good returns on buying property in Dubai ?
Yes, the chances of high appreciation and high returns along with good rental yields in real estate properties is very good if you are looking to buy property in Dubai South near by Al Maktoum Airport as there is going to be a rapid expansion in the coming years and all the operations of Dubai airport are going to shift to this New Airport.

At what rate, properties are available in Dubai South ?
We have given 7 Properties Details above along with the measurements and pricing. For more details, you can contact us on our email id or contact number.

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Talreja & Talreja LLC

U.A.E: +971-55-4559621 INDIA: +91-6356000989


Glimpse of Airport to be constructed :-



Monday, 20 May 2024

Can Incorporation Services In Dubai Help With Handling Multi-Currency Transactions?

A big benefit is how simple it is to deal with transactions in different currencies. If you are curious about how services for setting up companies in Dubai can help with this part, you have come to the correct location. 

 

Incorporation services: what they offer

 

When you set up a company in Dubai, a reliable Incorporate Company in Dubai becomes very important to manage transactions in different currencies without problems. 

 

·         Creating bank accounts

 

Incorporation services assist in creating bank accounts for handling different currencies and simplifying the management of incoming and outgoing money without needing to convert often.

 

·         Creating financial reports

 

Professional services in accounting will make sure that your financial records correctly show transactions made with different currencies, which is very important for creating financial reports and following regulations.

 

·         Compliance and reporting

 

To make sure that a business follows all local and international rules, incorporation services can manage this complicated job well, helping your company to run without problems and stay within the law.

 

Setting up multi-currency bank accounts

 

The first important action to handle transactions in different currencies involves creating suitable bank accounts. Accounting Services Dubai maintains connections with both domestic and global banking institutions. This way, you don't have to always change money from one currency to another and it saves you from paying extra charges for doing so.

 

 

Streamlining payments and receipts

 

Handling money transactions with suppliers from different countries and getting payments from clients worldwide can be difficult. Company setup services from Talreja & Talreja LLC can create automated systems that make sure these money transfers happen on time. 

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news and update.

UAE PASS MANDATORY FOR VAT AND CORPORATE TAX IN UAE ?



Starting September 30, 2024, accessing EmaraTax will require a mandatory UAE Pass login.
Federal Tax Authority (FTA), U.A.E has announced Mandatory UAE Pass-Based Login on the EmaraTax Portal from September 2024 for Corporate tax and VAT related filings and payment of taxes

Let us first understand, what is UAE Pass ?
It is UAE's National Digital Identity and Digital Signature application, allowing access to various government services by any federal or local government entity. It also allows users to link their direct and indirect tax registrations to access multiple accounts through a single application.

FTA has announced that signup and login on the portal will be available only through UAE Pass w.e.f. 30 September 2024. Hence, all existing EmaraTax users are required to link their UAE Pass with their accounts.

User Manual on how to login through UAE PASS on EmaraTax Portal can be accessed from here.

In order to activate their UAE Pass, UAE citizens and residents would have to register based on their Emirates ID on the UAE Pass app, whereas non-residents would have to upload their passports. Once the UAE Pass is activated, it can be used to create a new EmaraTax account or link it with an existing user.
For New Company set up in UAE, the following things need to be considered from now on as soon as you register company in UAE - After creation of company in Dubai or any other emirates in UAE, you also need to register for 1. Corporate Tax in next 3 months to avoid penalty of AED 10,000 2. UAE Pass for login to EmaraTax Portal (for both direct and indirect taxes related filings and registrations) Basic Questions and Answers Q: Is UAE Pass mandatory for Corporate Tax Returns filing in UAE? A: Yes, from 30th September 2024, UAE Pass is mandatory for EmaraTax Portal Login. EmaraTax Portal is a Government Portal in UAE, wherein you file your Corporate Tax and VAT returns Q: Is UAE Pass mandatory for VAT Returns filing as well in UAE ?

A: Yes, from 30th September 2024, UAE Pass is mandatory for EmaraTax Portal Login. EmaraTax Portal is a Government Portal in UAE, wherein you file your Corporate Tax and VAT returns Q: Who shall apply for UAE Pass ? A: All Business Entities (Existing companies and New incorporated companies in UAE) are suppose to apply for UAE Pass through their authorised signatories in company


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Tuesday, 7 May 2024

Avail quality business setup services from a leading company

No doubt, the process of Business Setup in Dubai especially for novice business people is not at all easy. There are everlasting small and big tasks and responsibilities to be executed and accomplished in a time-efficient and flawless manner to start and run any business smoothly and successfully. You can either try to handle all the work within your team or take expert aid from any reputable and reliable company that offers professional assistance for company formation and Freezone setup-related things to the clients.

When you take expert aid from any reputable company, you will get many great benefits and there is no or very little chance for any mistake or error in the work. At Talreja & Talreja LLC, we have been offering quality company setup and consulting services for almost all types of businesses to corporate people for the past many years. We are highly regarded for the excellent RAKEZ Freezone Company Setup support services at very low rates to the clients.

Our super intelligent professionals will also aid you in handling your significant corporate works like bookkeeping, accounting services, payroll management, financial system design and implementation, CFO solutions and services, compliance solutions, feasibility studies, and a lot more. If you have any queries regarding our quality business services or want to get more details about our services, then you can contact our team over the phone.

For more information, you can visit our website https://www.talrejaandtalreja.com/ or call us at +971-55-4559621

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