Economic growth (2023)
3,5%
Economic growth (2024)
3,9%
Fragile States Index (2024)
34,7
GDP per capita
+0.76%/year
Inflation rate
2%/year (average)
Income tax
0%
Tax on real estate income
0% (long-term or seasonal)
Family gift tax
0.125%
Corporate income tax
9% (on profits exceeding AED 375K)
VAT rates
5%
Frequency of rent payments
quarterly, half-yearly, annually
Leaseterm
1 year (renewable)
Augmentation des loyers (2023<2024)
+25%
Augmentation de valeur de la propriété(2022<2023)
+11,5%
Population (2024)
3.5 million inhabitants
Population (2040 projection)
5.8 million inhabitants
Populationgrowth (2019-2024)
+8%
Tourists (in 2023)
17 million visitors
Real estate bubble index
0.14 (fair value)
Value of real estate transactions (H1/2024)
AED 61 billion
Value of real estate transactions (S1/2024)
20.5 milliards AED (Juillet 2023 < +20.4%)
Graphics
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