Azfar Tahir - Senior International Real Estate Executive, MBA, CIPS

Azfar Tahir - Senior International Real Estate Executive, MBA, CIPS Multiple Award-Winning Senior International Real Estate Executive | Certified International Property Specialist | Certified Real Estate Investment Advisor. Mr.

MBA, RERA, SRES, ABR, SRS, CIPS Multiple Award-Winning Senior International Real Estate Executive/Certified International Property Specialist/Real Estate Sales, Investment & Business Advisor/Award-Winning Actor/TV Talk Show Host. Visionary, proactive, dynamic, innovative and result oriented. An outstanding performer, strategic planner, achiever and presenter, corporate restructuring, organizationa

l & operational management expert, sales, marketing and business development guru, relationship builder, excellent negotiator, honest, sincere and dedicated. Very passionate about his work. Ability to work under pressure and, most importantly, a passion for helping people. Consistent track record of identifying opportunities, building optimal businesses and developing high performance teams. Demonstrated ability to operate effectively in multi-cultural environments, build and motivate teams to achieve business goals. Holds Bachelor of Economics degree and a Masters degree in Business Administration from Greenwich College, London, UK and Clayton State University, USA. Studied Tourism at London City College. On the Dean's list while pursuing his Master's of Science degree program in Hospitality Administration at Johnson & Wales University, Rhode Island, USA. Enrolled for the Master's degree program in Regional & Urban Planning at London School of Economics. Went to Boston School of Sales & Marketing. Studied Sales and Business Consulting at George S. May International Institute, Chicago, Illinois, USA. A graduate of the OREA Real Estate College, Toronto and Real Estate Institute of Canada. Tahir had also successfully completed his real estate business, brokerage & management courses from Dubai Real Estate Institute and Real Estate Business Institute, Chicago, USA. Obtained various certifications such as Seniors Real Estate Specialist (SRES), Accredited Buyers Representative (ABR), Seller Representative Specialist (SRS), Certified International Property Specialist (CIPS) including courses in real estate law, property management, real estate appraisal, investment analysis, mortgage financing & all the educational courses and phases of residential and commercial real estate leading to the broker and management licensing. Years of global experience in banking, project P&D and real estate industry with internationally renowned organizations: Standard Chartered Bank, Bank of Oman, Al Baraka Bank , MashreqBank, CIBC, RE/MAX Canada, Century 21 Canada, RE/MAX UAE in Dubai, RE/MAX OMAN based out of Muscat, Berkeley Middle East Real Estate, Coldwell Banker Realty and Penny Real Estate Dubai.

Residents seeking affordable areas for rent in Dubai can find one-bedroom apartments for less than AED70,000 a year in s...
08/07/2026

Residents seeking affordable areas for rent in Dubai can find one-bedroom apartments for less than AED70,000 a year in several communities, recent data revealed.

Al Nahda emerged as the city’s most affordable area with Dubai Sports City, Karama and Dubai Silicon Oasis also ranking within the affordable rent bracket.

Average annual rents for one-bedroom homes in Al Nahda stood at AED55,000, followed by Deira and Dubai South at AED60,000.
The figures are based on listing prices recorded over the past three months and show where renters can find lower-cost options as rents remain elevated across many central and waterfront districts.

Dubai Sports City, Karama and Dubai Silicon Oasis each recorded average one-bedroom rents of AED65,000 a year. Dubai Production City followed at AED66,000, while Jebal Ali recorded average rents of AED70,000.
Dubai Investment Park and Dubai Studio City both recorded average rents of AED72,000, while Al Garhoud, Al Barsha, Damac Hills and Al Furjan sat between AED74,494 and AED75,000.

JVC and JLT rents remain below AED100,000
Jumeirah Village Circle, one of Dubai’s largest residential rental markets, recorded an average annual rent of AED79,999 for a one-bedroom apartment.

Dubai Motor City and Meydan also stood at AED80,000, while Jumeirah Village Triangle recorded AED80,000.

Barsha Heights averaged AED84,994, Nad Al Sheba reached AED85,000 and Jumeirah Lakes Towers stood at AED91,999.

The Greens recorded average annual rents of AED95,000, while Dubai Hills Estate reached AED100,000.

Prime Dubai rents remain far higher
The gap between more affordable communities and Dubai’s prime districts remains significant.

Bluewaters recorded the highest average annual rent in the dataset at AED297,500 for a one-bedroom apartment. DIFC stood at AED150,000, while Downtown Dubai, Jumeirah and Umm Suqeim each recorded average rents of AED135,000.
Jumeirah Beach Residence averaged AED120,000, Dubai Creek Harbour reached AED110,000 and Dubai Marina, Business Bay and Al Sufouh each stood at AED105,000.

The data highlights the growing trade-off for renters between location and affordability. While central and waterfront communities continue to command premium rents, areas such as Al Nahda, Dubai South, Dubai Sports City and Dubai Silicon Oasis offer annual rental costs less than half those seen in some of Dubai’s best-known residential districts.

Qatar has introduced a new Excise Tax mechanism for sweetened drinks, with businesses required to comply from July 6 und...
06/07/2026

Qatar has introduced a new Excise Tax mechanism for sweetened drinks, with businesses required to comply from July 6 under a system that calculates tax according to the sugar content of beverages rather than simply their volume.

The General Tax Authority (GTA) said the new framework is based on a Tiered Volumetric Model and follows amendments introduced under Law No. (2) of 2026, expanding the range of products subject to Excise Tax.

The Authority said the new Excise Tax mechanism on Sweetened Drinks took effect on July 6, 2026, with the applicable tax calculated according to the amount of sugar or added sweeteners contained in taxable beverages and products.

Qatar sugar tax launched
Under the amended law, the scope of taxable goods has been expanded to include:

Sugar-Sweetened Drinks, including soft drinks and juices containing added sugar Products that can be converted into beverages and contain sugar or added sweeteners, Concentrates, Powders, Extracts and Other similar products.
The General Tax Authority said all people holding excise goods are required to submit a Transitional Declaration through the Dhareeba platform declaring their taxable inventory.

Saudi Arabia opens property market to foreign buyers through new online portal.Saudi Arabia has launched a new online po...
25/06/2026

Saudi Arabia opens property market to foreign buyers through new online portal.

Saudi Arabia has launched a new online portal enabling eligible foreign individuals, companies and investors to apply for property ownership across the Kingdom, marking the next phase of the country’s new Foreign Real Estate Ownership Law.

The Real Estate General Authority (REGA) announced the opening of applications through the Saudi Properties portal following the law’s entry into force in January 2026, alongside the approval of its geographic scope and regulatory framework.

The new digital platform enables prospective buyers inside and outside Saudi Arabia to complete the property ownership process electronically, from verifying eligibility through to submitting and tracking applications.

Saudi Arabia is expected to announce the designated areas where foreigners will be allowed to own property this summer, ...
16/06/2026

Saudi Arabia is expected to announce the designated areas where foreigners will be allowed to own property this summer, in a move that could unlock the next phase of international demand for the Kingdom’s real estate market.

A law allowing foreign non-resident ownership came into effect earlier this year but the market is still waiting on the geographical zones where international buyers can invest.

These locations are set to be revealed in the coming months as Ziad El Chaar, Dar Global chief executive, exclusively revealed.

Qatar unveils major villa rules overhaul with higher building limits and new family suites.Qatar has updated villa and m...
10/06/2026

Qatar unveils major villa rules overhaul with higher building limits and new family suites.
Qatar has updated villa and mansion building rules, allowing higher structures, internal family suites, reduced setbacks and more flexible designs.

Qatar has introduced a major update to residential villa and mansion regulations, allowing taller buildings, new internal family suites and more flexible construction options as part of efforts to better meet the needs of modern Qatari families.

The revised planning and architectural requirements, announced by the Ministry of Municipality, include more than 20 updated standards designed to improve land utilisation, support family stability and provide greater flexibility in residential design while preserving neighbourhood identity and urban quality.

The changes apply to existing properties, developments under construction and projects still at the licensing stage.

Riyadh Air has opened ticket sales for five new destinations, marking its largest route announcement to date as Saudi Ar...
09/06/2026

Riyadh Air has opened ticket sales for five new destinations, marking its largest route announcement to date as Saudi Arabia’s new national carrier accelerates plans to build a global network.

Qatar makes major change to property ownership rules.Qatar still runs a two-track system for foreign participation, Free...
09/06/2026

Qatar makes major change to property ownership rules.
Qatar still runs a two-track system for foreign participation, Freehold and Usufruct.

Qatar has widened the list of areas where non-Qatari buyers can own real estate. The resolution adds the Simaisma Beach Resort Project in Zone 70 to the ownership register.

It also shifts ownership and usufruct registration procedures to the Real Estate Registration Department at the Ministry of Justice.

The Official Gazette and the Ministry of Justice records that the measure took effect on June 8.

Qatar announces major visa change from June 7: What residents, tourists and business travellers need to know.Qatar will ...
29/05/2026

Qatar announces major visa change from June 7: What residents, tourists and business travellers need to know.
Qatar will end temporary automatic extensions for expired and expiring entry visas from June 7, 2026, as normal renewal rules and fees resume.
Qatar's visa rules include the end of temporary automatic visa extensions, the launch of a 10-year Golden Visa for entrepreneurs and executives, and expanded multi-entry GCC Resident Visas. Additionally, Qatar and Canada have recently implemented visa-free travel for each other's citizens.

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