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FINANCIAL NEWS
Dubai’s real estate fee increased to 4 pct
28 Sep 2013
(MENAFN) Fee on real estate transactions was doubled in Dubai by Dubai Land Department to limit speculations in the state’s property market, according to Arab News.
Sultan Butti bin Mejren, director general of the Land Department, announced that the fee will be boosted to 4 percent beginning from October 6.
Mejren said: “Warehouses and industrial property will be excluded from the new rule.”
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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