properties in dubai for sale make lucrative investments. Dubai has grown from a small trading center to the world’s premier financial and business hub. Stunning architecture, booming businesses, and luxurious lifestyle have put the city on the map. It is no surprise that real estate investments have become one of the most attractive options for investors.
A Booming Market With Abundant Opportunities
The real estate market of Dubai is thriving, offering vast opportunities for investors from around the world. According to a recent survey, over 80% of global investors think that investing in Dubai Real Estate has higher potential for returns than other markets. Not only are the prices competitive but they also offer low-risk investment option with highly profitable outcomes.
In addition to the impressive potential for returns, investors are further attracted by the concept of freehold ownership. Freehold has allowed anyone, regardless of their nationality, to purchase residential and commercial properties in Dubai. This allows greater diversity when it comes to choosing the perfect property for investment.
An Attractive Node Of International Trade
Dubai’s strategic location renders it an important node of international trade. A variety of logistics hubs such as Jebel Ali Port, Dubai Airports, and Dubai World Trade Centre have emerged to cater to the needs of immense trading activity in the region. Furthermore, the development of industrial zones have immensely improved the infrastructure of the city. These developments have further fuelled growth in the real estate sector.
This, combined with the favourable taxation policies, liberal visa regulations and improved economic conditions, have made Dubai a major target for foreign investors. Real estate investments in Dubai are seen as a safe haven for investors, shielding them from the uncertainties of global economic conditions.
Year Round Sunshine And Tax Free Income
Real estate investments in Dubai come with abundant perks such as year-round sunshine, a vibrant and exciting lifestyle, and tax-free income. The sumptuous lifestyle, bustling economy and exquisite architecture provided by the city ensure a great quality of life. The diverse culture, cuisines, events and festivals are some of the features that makes Dubai one of the most sought after destinations in the world.
Moreover, there are no taxes on rental income or capital gains which is why renting out a property can be lucrative for investors. Also, value added taxes (VAT) are incredibly low in UAE, making Dubai an ideal place for investment without worrying about income tax.
High Rental Yields Make Investing Attractive
High rental yields have been another major driving force behind the increase in investment. Prime locations such as Downtown Dubai and Palm Jumeirah have a market rate that ranges anywhere between 8%-12%. With rental rates increasing every month, investors are assured of a high return.
With all the aforementioned advantages, it is not surprising that people prefer to invest in Dubai’s real estate market. There are numerous investment opportunities available in the city and many investors are taking advantage of these offerings. Whether you are looking for a long-term or short-term investment, it is the right time to get into Dubai’s real estate market.
