Back to FAQWhat are the VAT rates in the real estate sector?
| Type of supply | VAT rate |
|---|
| Sale and rent of commercial buildings (not residential buildings) | 5% |
| First sale/rent of a residential building after completing its construction or conversion | 0% |
| First sale of a charitable building | 0% |
| Sale/rent of residential buildings subsequent to first supply | Exempt |
| Hotels, motels, and serviced accommodation | 5% |
| Bare land | Exempt |
| Improved land (not bare) | 5% |
| UAE citizen building own home | 5%(recoverable) |
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