FTA broadens VAT refund for housing
The Federal Tax Authority has launched an initiative to expand the scope of VAT refund related to the construction of citizens' homes, now including additional payments for components and accessories of the residence. The goal is to provide approximately 200 million AED to over 8,000 citizens. This step aims to enhance support for home ownership and reduce the financial burden on families, with the total value of applications for the initiative expected to exceed one billion AED by 2026. The initiative was implemented at the beginning of January 2026, along with an update to the digital service to facilitate the refund process and inform citizens about its features.
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