Perkins Coie·REAL ESTATE / CMBS

ADGM Proposes Tax on Undeveloped Commercial Land

The Abu Dhabi Global Market has issued a consultation paper for a new regulation that would impose a 2% annual fee on the value of vacant commercial plots to discourage land-banking.

real-estatetaxabu-dhabi-global-marketunited-arab-emiratesland-development
Read the original firm alert → Saturday, September 19, 2026

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