Author name: stephan

Dubai chocolate is the latest candy trend that has taken social media by storm. This unique treat consists of chocolate filled with pistachio cream and kadaifi. The hype surrounding Dubai chocolate began in 2024 and quickly spread throughout German-speaking countries. The creation of this treat is attributed to the chocolate manufacturer Fix Dessert Chocolatier in

Dubai, the glittering metropolis on the Persian Gulf, has become a global economic hub without requiring its residents to pay income taxes. This fact fascinates many and raises the question of how the emirate finances itself. Dubai generates revenue primarily from oil exports, tourism, real estate, and business license fees. Although no income tax is

In Dubai, there are several payment options that are convenient for both locals and tourists. The most common method is payment by credit or debit card. These are accepted at almost all stores, restaurants, and hotels and offer a fast and secure way to pay. Another common method is paying in cash, especially in small

The utility costs for an apartment in Dubai can be substantial and should definitely be taken into account when planning your budget. Monthly utility costs consist of items such as electricity, water, the housing fee (5% of the monthly rent), and the sewerage fee (1 fil per gallon for the sewer connection). These additional costs

Buying real estate in Dubai is a structured process that is easy to understand for both locals and foreigners. Key steps include determining the budget, selecting a property, and ensuring that a legal review is conducted. It is essential to have a thorough understanding of local laws and regulations. Real estate in Dubai can be

Yes, as a German citizen, you can buy real estate in Dubai. The Dubai government allows foreigners to purchase real estate in certain designated areas. These “freehold” areas offer full ownership rights to land and real estate, which means that these properties can also be inherited, sold, or rented out. However, it is important to

Dubai offers a wide range of opportunities for investors and homebuyers in the real estate market. Real estate financing is particularly attractive, as it often offers flexible and favorable terms to help make the dream of homeownership a reality. In Dubai, there are various financing options available to make buying real estate easier. Banks and

Oil was discovered in Dubai in 1966. This historic discovery marked the beginning of rapid economic development for the emirate. Before the discovery of oil, Dubai was a small trading center that relied primarily on pearl diving and maritime trade. The oil boom led to tremendous growth in Dubai’s infrastructure and economy. Investments in construction

Dubai is known to many as a dazzling metropolis. Its skyline is defined by modern, futuristic architecture. Very few people are familiar with Dubai’s history. In fact, the desert metropolis had rather humble beginnings. We’ll now briefly explain the impressive development Dubai has undergone in recent decades and what has shaped and influenced the city’s

Dubai has become a popular place to live for many celebrities. One of the most famous people living in Dubai is the actor Will Smith. He chose Dubai because of its luxurious lifestyle and the many opportunities the city offers. Another well-known celebrity who has settled in the United Arab Emirates is Bollywood superstar Shah

Anyone who is required to report rental income from Dubai for tax purposes in Germany should keep a few important points in mind. Since the double taxation treaty was terminated, rental income from Dubai has been fully subject to income tax in Germany starting in 2022. A credit for foreign taxes under Section 34c of

Income earned in Dubai is often subject to special tax treatment, which is attractive to many. There is no income tax on individuals in Dubai, which means that income earned there is tax-free in many cases. This applies in particular to employees and the self-employed. Despite this favorable arrangement, the tax situation remains complex, particularly

In recent years, Dubai has established itself as one of the most attractive cities for real estate investment. Buying property in Dubai offers numerous advantages, including tax incentives, a growing market, and first-class infrastructure. The city also attracts residents with its luxurious lifestyle and multicultural population. A key reason to buy real estate in Dubai

Dubai is one of the most attractive destinations in the world, especially for real estate investors. Rental income in Dubai is generally tax-free as long as the landlord is a permanent resident of the UAE. This means that both domestic and foreign property owners are not required to pay income tax on their rental income.

Dubai is known for its luxurious living options, and purchasing an apartment at Royal Atlantis Dubai promises an unparalleled living experience. The Royal Atlantis Residences are located on the famous Palm Jumeirah and offer breathtaking views as well as first-class amenities that cater to every need. The apartments at Royal Atlantis are designed to meet

Dubai’s population has grown rapidly in recent years. The emirate’s population growth goes hand in hand with a thriving economy. People from all over the world live together in Dubai as part of a vibrant and multicultural community. If you’re wondering how many people actually live in Dubai and which nationalities call this desert metropolis

The Dubai Ferris Wheel, also known as Ain Dubai, is the world’s largest Ferris wheel. It is located on the artificial island of Bluewaters Island and offers breathtaking views of the Dubai skyline and the Persian Gulf. Its impressive height of 250 meters surpasses all previous records. This spectacular attraction opened in October 2021 and

Apartments in the Burj Khalifa are among the most prestigious properties in the world. The price of an apartment in the Burj Khalifa can range from approximately 1.1 million to 5 million U.S. dollars. These price differences depend on the size, floor level, and orientation of the apartment in question. For those seeking luxury and

Dubai is known worldwide for its luxurious and safe residential areas. One of the most attractive housing options in Dubai is gated communities, which offer enhanced security, exclusive amenities, and a strong sense of community. These communities cater to a variety of lifestyles and budgets, ranging from opulent villas in Emirates Hills to family-friendly homes

The real estate market in Dubai continues to grow strongly, making it an attractive destination for both investors and expats. In February 2024, an impressive 12,025 transactions were recorded, representing a 34% increase compared to the previous year. These figures underscore Dubai’s position as a dynamic and expanding real estate market that continues to grow

Emaar Dubai has become synonymous with luxury developments and iconic architecture in the United Arab Emirates. This company is known for its unparalleled structures, including the iconic Burj Khalifa, the world’s tallest building. With an innovative vision and a strong commitment to quality, Emaar Dubai has had a significant impact on the city’s skyline. Every

In recent years, Dubai has become a sought-after destination for real estate buyers. Prices vary considerably depending on the location, size, and amenities of the property. An average house in Dubai costs about 1.7 million AED (approximately 380,000 euros). Investors and prospective homeowners will find numerous listings that meet their needs. Portals such as canalettosky

The question “Does Dubai have a double taxation treaty with Germany?” is of particular interest to expats, investors, and companies operating between the two countries. The double taxation treaty (DTT) between Germany and the United Arab Emirates (UAE) originally entered into force on July 14, 2011. However, as of January 1, 2022, there is no

Taxation in Dubai is a topic that interests many people who are considering moving to the United Arab Emirates or doing business there. Dubai does not levy an income tax, which makes it an attractive destination for many expatriates. Companies, too, find Dubai’s tax environment attractive, as it can foster business growth. For individuals, this

Declaring rental income from Dubai for tax purposes in Germany can be a complex task, especially if you are not familiar with the various tax regulations and double taxation treaties. As a general rule, rental income from real estate in Dubai is subject to German income tax if the taxpayer is a resident of Germany.

In recent years, Dubai has established itself as a dynamic and promising destination for real estate investment. The city offers a combination of state-of-the-art infrastructure, a strategic location, and a supportive legal environment that attracts both local and international investors. A key reason to invest in Dubai in 2024 is the city’s continued economic stability