Dubai Property Investment
Every person dreams of investing in real estate in hope of earning profitable returns. Investors locking funds in properties find it a good determinant of earning capital gains and a higher income source than in their home markets.
If we have a look at the present status of the Dubai Property market, then it is certainly promising as investors are diverting towards UAE from the ongoing political turmoil in the Middle East.
Top reasons to invest in Dubai Real Estate
Cheap Cost of PropertyDubai Real Estate is cheap compared to properties in other cities around the world. If we go to compare villa prices in Dubai and London, then Dubai costs nearly 1/5th of what London would. In fact, very few cities in the world boast of such fantastic real estate prices.
Open to foreign investorsDubai is open to foreign investors who plan to invest in freehold property in Dubai. Thus, by opening the market to non-UAE nationals, Dubai has leveled its property market to international standards.
Safe Haven for investmentsThe current political turmoil in Middle East-Africa has diverted the attention to Dubai and UAE where the property market is expected to fall a further 10% in 2011.
Excellent security against loansReal Estate acts as an excellent collateral security against loans and allows securing of finance at best rates.
Stable source of incomeRental proceeds from Dubai property is stable source of income though it is likely to fluctuate with the market graph. However, it is stable compared to the interest on bank accounts and dividends on stock shares.
No TaxInvestors enjoy capital gains tax, inheritance tax or income tax relief when investing in Dubai property.
Residence Visa advantageDubai property investors are empowered with a residence visa of the emirate.
Low Crime RateEnjoying all year round sunshine, Dubai has a very low crime rate which is a major boost for property investors.
Stood up to the recessionUAE stood up to the global financial crisis bravely and was one of the few countries that easily bounced back from the situation. Today, it is a fast growing economy giving tough competition to European and American real estate property markets.
Connects Asia, Europe and USALocated in the Gulf region, UAE is strategically connected by sea, air and land to Asia and Oceania on the east, Europe on the North and Americas and the West.