INVEST IN DUBAI
Dubai is the second largest land territory of United Arab Emirates that is rapidly gaining popularity among foreigners. They are showing interest to purchase Dubai property to become a home owner in the most luxurious city of world. The high living standard, cosmopolitan culture and sub-tropical climate attract them to make this city, their second home to live. Dubai has become a hot spot in international real estate market due to mega developments and construction projects that have claimed to recognize all over the world. This city has achieved top position among the few cities with phenomenal architectural structures.
Initially foreigners were not allowed to buy assets in UAE. Later in May 2002 Government passed a new law that facilitate foreigners to purchase freehold and leasehold Dubai properties. Non-UAE nationals have become a major part of UAE real estate industry. During recent years asset prices in the city have shown annual rise of around 25%. But Dubai property prices are still lesser than estate prices in UK. These factors make asset market of Dubai a hottest place for making international investments in real estate business. As we know that this city has also become a favorite destination for tourists, job seekers and other business personals. This has greatly increased the demand of residential and commercial properties to fulfill the needs of expats coming to Dubai. Rise in property demand diverted attention of builders and developers of the city to start huge residential and commercial construction projects all over the Dubai. Real estate analysts have predicted that this high surge in property supply may create a surplus of estate in Dubai real estate market. But due to the rising popularity of this UAE emirate among investors across the globe will continue to raise asset demand in both sectors.
Local and foreign investors have invested huge money in ready now (properties available for rent, lease and sale) and off plan properties (coming up properties including under construction and currently occupied properties). This shows that investing in UAE real estate Dubai is highly profitable. This city provides ideal environment to buy property. Asset market displays huge number and types of properties to potential buyers. Buyers can choose to buy any suitable property from range of assets like towering apartments and luxurious beach front villas to exclusive self-sustaining communities. This city has become a new real estate business destination in international market that has even attracted celebrities like David and Victoria, Beckham, Niki Lauda, Rod Stewart,etc .
REASONS TO CALL DUBAI HOME
COMMUNAL HARMONY
Home to over 200 different nationalities that live, work and play together, Dubai stands as the epitome of inclusion, diversity and security, providing an easily accessible cosmopolitan safe haven.
SAFETY FOR ALL
Having earned the title of one of the world’s safest countries, the UAE law enforcement system showcases years of development and foresight, resulting in low crime rates and global residents calling Dubai their home.
SMART INVESTMENTS
Unlock Dubai’s real estate potential with luxury apartments in prime locations city-wide and enjoy the confidence of a robust economy, capital safety, potential high yields and other unrivalled advantages.
MANAGING COVID-19
With its advanced healthcare infrastructure and country-wide vaccination campaign, the UAE has one of the world’s lowest virus death rates of 0.3%. Dubai serves as a global model for crisis preparedness, maintaining the highest levels of protection against the pandemic.
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