Dubai Unlocked Looks Into Property Ownership, Local Report Says Malaysians Too Love Buying Properties There

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Dubai is a haven for alleged criminals on the run due to its lack of extradition treaty and opaque laws.

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The presence of extradition agreements between nations are not necessarily key to whether or not people are extradited. What matters is what Dubai wants in return and whether that nation has something they want enough to barter. No department, especially the property developers themselves, will question the funds and anyone who can buy a property can buy.

The UAE operates clear regulatory frameworks that comply with international laws and standards designed to combat financial crime. Dubai Land Department processes and activities are a cornerstone of these efforts. Each building has an estimated value between US$1.4 million to US$1.7 million per unit. However, Vision Tower 1 is the most expensive, ranging from US$7.2 million to US$7.5 million per unit.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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