Why Invest in Dubai Real Estate?

Dubai is one of the fastest-growing economies with many attractions. The modern city is a phenomenal destination filled with mesmerizing skyscrapers, towers, and buildings. From housing to the tallest tower in the world the Burj Khalifa, Dubai has got it all. The city never fails to impress the world with its extraordinary construction designs and developments.

Along with many opportunities in the city, real estate remains to be one of the best investment opportunities in Dubai. Here is why?

• Real estate investors can take advantage of the fact that the city is a tax-free destination. Dubai has no income tax, this makes it very attractive for the world to invest and work in Dubai.
• There are various free zones available to invest in, this is another attraction for foreign investors.
• Dubai is one of the popular destinations in the world for tourists, with many hotels, restaurants, and shopping malls, it attracts millions of people into the cities most visited areas. Real estate investors can take advantage of the tourism rate and invest in properties in Dubai.
• Property prices in Dubai are inexpensive compared to other cities.
• Investing in properties in Dubai is excellent for a stable source of income. Rental income from the property remains stable throughout any economic changes. However, it might change or fluctuate but it is highly unlikely to vanish. Good investment properties in Dubai will offer an 8 or 10% rent return.
• Real estate investments in Dubai have always remained to be a good residual value.
• Properties in Dubai are open to anyone from anywhere around the world.
• The property investor has more control and ownership of the property.
• Property demand is usually high during the economic boom or easier mortgage acquisition through banks.
• Banks in Dubai are open to investing in real estate investments.
• Possessing a real estate property in Dubai will also help the investor to use the property as collateral security against loans.

Other factors include:

• Great weather
• High-class infrastructure in the city
• High standard of living
• Dubai is a safe city to live, work, invest and conduct business
• Dubai is located in a very strategical location allowing access to many countries around
• Dubai real estate has a regulated market.
• Technological advancements to design masterpieces