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Why Invest in Dubai?
Dubai is one of the best places in the world whether its living, tourism, or investment, with a social, economic, and service-friendly environment, offering residents and investors many advantages that are not available in other countries.
In recent years, Dubai's economy and population have grown exponentially, and so has the value of Dubai’s real estate industry. Our company, Sawani Properties, aims to become the top property brokerage in Dubai.
Dubai is home to over 100 nationalities. The diversified city has transformed into the tenth-best location for expats, sixth-best in salaries and fourth-best for economics. The city continues to maintain its status as the ideal destination for foreigners and offers enticing investment opportunities.
Here are the top 12 reasons to invest in Dubai, specifically in the real estate sector: 1 - No Tax on Property Investment 2 - Reasonable Prices and Options for All Budgets 3 - High Rental Returns 4 - Investment Visa of 10 Years 5 - Safety & Security 6 - Freehold Ownership 7- Booming Tourism Industry 8 - Investment Options 9 - Population Growth
10 - Outstanding Infrastructure
11 - Dubai Aims to be the Happiest City in The World 12 - The City's Extraordinary Vision1 - No Tax on Property Investment
Out of all the benefits of investing in Dubai, the major one is that once you buy a property, you will not pay any additional taxes in the future! Yes! Dubai has no property tax making it the best place in the world for investors.2 - Reasonable Prices and Options for All Budgets
When it comes to real estate investment, the property prices per square meter are lower as compared to many other cities, which makes it a location to own prime properties. Because there is a wide range of property types to choose between, these properties suit different budgets giving you open options. We provide different types of properties ranging from luxury mansions next to a golf course or affordable single room studio apartments. Feel free to look at different off-plan properties on our website, to find a property that suits your budget. We offer flexible payment plans, so there's no strain whatsoever on your finances.3 - High Rental Returns
If you are looking to get a high rental yield from your real estate investment, this city is the right place for you. In Dubai, real estate investments are producing high rental yields of up to 8% per year, which is much higher compared to other cities like New York City, and London.4 - Investment Visa of 10 Years
If foreign investors invest in Dubai, they have the advantage of obtaining its residency visa, if they have a minimum of AED 750 000 in property investment. Set to draw interest towards professionals and entrepreneurs, foreign investors can now obtain a 10-year residence visa. A 100% company foreign ownership will attract foreign direct investment and encourage global companies to open in the country.
5 – Safety & Security
Dubai is ranked on the top 10 as one of the safest places in the world having a very low crime rate and a super-efficient and strict legal system. This system plays a high role in attracting more investors in all sectors, especially the property market. Dubai is committed in imposing regulations for the safety and security of all its residents and citizens.6 - Freehold Ownership
Also, one of the major reasons why you should invest in Dubai is Freehold ownership in various freehold areas, which is very beneficial as it allows one to have complete ownership of their property. You can sell, lease, or live in the property and it can be inherited by an heir.7 - Booming Tourism Industry
Being one of the top tourist destinations in the world because of its state-of-the-art architecture, Dubai is an attractive place for foreign direct investment, especially in the real estate sector, where investors can achieve a high ROI and growth rates.8 - Investment options
Dubai offers a variety of options where you can invest in various segments such as residential property, hotels, apartments, etc., and investors from all around world come to Dubai to work and invest in properties here.9 - Growth
With the rapid growth in population in Dubai, the real estate market couldn’t get any more attractive. Because of its infrastructures, rapid economic growth, safety, regulations, and architectural marvel, it is considered a top choice for many people around the globe. There are more than 100 nationalities residing in Dubai, making it a place where people from all around the world feel welcome.When it comes to the real estate industry, there is a direct relationship between population and rental prices. When there is an increase in the population of a city, the prices for rental apartment units will also increase. A very good indicator of whether your off-plan property will have great returns in the coming future is the growth rate of the population of the city you are planning to invest in.
10 - Outstanding Infrastructure Dubai's infrastructure is simply world-class! Some of these infrastructures include tall buildings, hospitals, schools, effective transportation systems that boast of a metro network, and outstanding roads with 12 lane highways. We can all agree that good infrastructure makes life easier. 11 - Dubai Aims to be the Happiest City in The World The city's goal is to become the happiest city in the world and has set up the Ministry Of State For Happiness. The ministry's vision is to promote happiness and positivity as a lifestyle in the country. One could imagine how their property will develop rapidly and successfully in this beautiful environment with such a beautiful mindset and sincere dedication towards making the public happier. 12 - The City's Extraordinary Vision Dubai is a city filled with record-breaking accomplishments including marvellous structures. Some of these structures include - the world's tallest building, the world's only 7-star hotel, and the tallest hotel in the world. Other impressive accomplishments in the city of Dubai include the first man-made island - the Palm Jumeirah Island. With extraordinary new projects being unveiled every day, the chances are that the property you purchase in Dubai would sit amid some of the greatest structures the world has ever seen!
If You want to buy property in Dubai or looking for short term rentals in Dubai, get in touch with Sawani Properties and our experts’ team will help you find the right property. If you’re interested to learn more about investing in Dubai's real estate, feel free to get in touch with one of our expert agents by clicking on “Contact Us” or fill the Enquiry Form on this page.
Date: 22 Nov, 2022
Dubai Real Estate FAQ
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