VAT Refund for Building New Residences by UAE Nationals

This is applicable to UAE nationals who own or acquire land in UAE, on which the person builds or commissions the construction of his/her own residence. Such UAE nationals will be entitled to claim refund of VAT paid on expenses of constructing the residence.

 

Few conditions to be fulfilled in order to be eligible for this scheme are:

• The claim should relate to a newly constructed building used solely as the residence of the person or the person’s family.
• The claim should be lodged within 6 months from the date of completion of the newly built residence.