Why to Invest in Dubai Real Estate

With the effects of global pandemic we are now seeing the markets are slowly picking up, however here in UAE the situation is different. We have been able to see a huge jump in the Real Estate market in Dubai with huge foreign investors looking for a safe and secure way to expand their portfolio.  

Dubai has been one of the best places to confront and react to Covid; hence why it is the best place for you to invest you money and make sure you will get a good return. Here are 10 reasons why you should invest in Dubai Real Estate market.

1-    Growing Population: Dubai is one of the fastest growing cities in the world, we are seeing people from all around the globe to move the Dubai as there are better opportunities for them in terms of work and business and at the same time considering how Dubai reacted to Covid and how the city was safe.

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2-    World Class Infrastructure: Dubai is a modern, world-class city with record breaking skyscrapers, and community type building which are the best place to grow your family in the best standards of living.

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3-    Tax Free: You can enjoy and benefit from the TAX free law in Dubai and accumulate your savings.

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4-    Aviation Hub: Dubai is strategically located with almost 70% of the worlds population within an 8-hour flight. You can easily and quickly travel back home to take care of your family and business whenever it is needed.

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5-    Booming Tourist: Dubai has become the go to destination for tourist with its diverse offerings and nice weather. This is created a lot of opportunity for short term rental which  gives you security on your investment as there is always demand for your properties.

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6-    World Class Sporting Events: Dubai is home of the most prestigious sporting events in the world, Putting the city in the global spotlight throughout the year.

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7-    Strong Regulations: Dubai has a strong Real Estate and Regulatory Agency(RERA) that enforces a stringent framework of rules and regulations.

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8-    Safe and Stable: UAE is one of the safest countries in the world. Proactive government initiatives and a stable law and order system, attract expats from all over the globe to Dubai.

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9-    Property Investor Visa: investors who purchase a Dubai property above AED750,000.00 (USD 205,000.00) are eligible to apply for  the Property Investor Visa. This renewable Property Investor Visa enables the investors to obtain an Emirates ID, UAE Driving License and Sponsor their family to get residence visa.

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10-  High Rental Yield: Dubai offers one of the highest rental yields in the world. Compared to global property destinations, the cost of purchase is lower in Dubai while generating higher rental yield.