Income tax on rent, worked example, in United Arab Emirates

This content is archived and no longer updated.
Non-resident couple's joint monthly rental income1 US$1,500 US$6,000 US$12,000
Monthly Rental Income2 1,500 6,000 12,000
Annual Rental Income 18,000 72,000 144,000
= Taxable Income 18,000 72,000 144,000
Income Tax3
No tax on rental income - - -
Other Tax3
Tax on leased properties4 5% 900 3,600 7,200
Annual Income Tax Due 900 3,600 7,200
Tax Due as % of Gross Income 5% 5% 5%
Source:
Global Property Guide research


Notes


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 3.68 AED

3 There are no income taxes levied on rental income.

4 There is a 5% tax levied on leases of residential properties in all Emirates, except Abu Dhabi.

 

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