There are no property and income taxes in the United Arab Emirates. VAT and turnover taxes are also practically absent. Possession and real estate in this country do not entail any tax consequences for the owner within the jurisdiction of the UAE. The Global Picture report also notes that the United Arab Emirates are among the top ten countries with the best economy, with the lowest total tax rate and one of the simplest requirements for doing business, which helps the country effectively attract foreign direct investment. That's why sellers of real estate Must Sell Property For Sale in Sharjah to fulfill the dream of many people buying a house abroad.