The taxation system in Dubai is just as trouble free and straightforward as buying property in Dubai; in short, there isn't any. Due to the emirate's enormous oil reserves, Dubai is basically a 'no tax' zone.

There's no property tax, no capital gains tax, no tax on rental income and a land registration tax of 1.5% paid directly to the government upon completion. If buying properties in Dubai on a resale basis, then a transfer fee of between 1 and 7% is paid to the developer.

Except for oil companies and banks, businesses in Dubai are also exempt from paying corporate income tax. In fact, for the average Dubai property buyer that lives or holidays in the emirate, the only taxes that may have any bearing on their lives will be those placed on alcohol, tobacco and pork products. Also see: Dubai legal System.

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