Top Reasons to Invest in Dubai

Want to Invest in Dubai? Here’s Why You Should!

All of a sudden, everyone seems to be interested in Dubai. But why? Almost the entire world is watching the rapid growth of this bustling metropolis with awe. Whether you talk about economic prosperity, infrastructure development, boom in science and technology, this is one place that has got everything covered. The transformation of this city is remarkable and it is now one of major business and financial hubs. Of course, this is one place that offers plenty of opportunities and likewise, you must be interested in becoming a part of this success story.

There is a sense of excitement and buzz and if you consider the opinion of some experts- Dubai is all set to become the global destination of choice. So, if you are a seasoned investor or trying to buying a property, Dubai is indeed the place to be. When it comes to building your investment portfolio, this is where you should begin.

But there is still one question left? What makes Dubai ideal for investment? To answer the question, we will try and discuss the reasons in a bid to address your concern.

Why Dubai of All Places?

When it comes to Dubai, the investment landscape is very diverse and dynamic. Being an investor, you will also have access to a wide range of opportunities. Some of the key sectors that are ideal for investment include:

Real Estate: One of the most sought-after sectors for investment is real estate that certainly attracts a lot of discerning buyers and investors. There is a strong demand for good quality homes as well as commercial properties and this is one area where Dubai really excels!

Tourism: Dubai is fast becoming a tourist destination, as it is home to some of most iconic man-made landmarks like Burj Khalifa, Ain- Dubai, and many more. Tourism has restaurants in fact been a major contributor to its economy. As such, for investors, there are plenty of opportunities in the form of hotels, restaurants, and entertainment- venues.

Science & Technology: Science and technology is one of the key areas where Dubai is really surging ahead. If you are trying to make a start as an entrepreneur who is more into creating technologies that has true potential, Dubai is where you begin.

Sustainable Energy: Dubai is one place in the world that is making a committed effort to reduce carbon footprints. For an investor, this is one area where you have got ample opportunity to try and invest in renewable energy sources like wind and power.

For now, going by the trend, let’s focus on why it makes sense to invest in Real estate.

What Makes Dubai Ideal for Investment in Real Estate?

As far as Dubai is concerned, the prime reason for investors making a beeline to invest here is for the reasons listed below:

• Major Tax Amnesty: If you are trying to invest in Dubai, especially in the real estate, there is no need to pay form of property tax. So, if you are buying any property in the form of apartments, villas, or townhouses, there is no reason to pay any taxes, which indeed benefits you in the long run.
• Attractive Pricing: Pricing matters a lot when you are trying to invest. So, if you do compare the prices of residential or commercial properties across the globe, Dubai does offer greater flexibility in terms of pricing. Price per square meter is at best reasonable, and on top of it, you will have the assurance of good returns.
• Assured ROI: The idea behind most investors looking to buy properties in Dubai is the high rental yield. The high rental yields of up to 8-9% is something that is much higher compared to other global cities like, New York, Hong Kong, Tokyo, and London. If you are getting good returns on your investment it
• Visa for Foreign Investors: In a bid to encourage foreign investors to invest in Dubai real estate, is the allure of residency visa, which they are eligible to apply for if they have a minimum of AED 750 000 to show. The UAE authorities have also recently announced that foreign investors are also eligible to apply for a 10-year residency visa. This clearly shows investors confidence in this bustling megapolis.
• Safety and Security: Do you know Dubai is ranked amongst the top- 10 safest cities for living in the world? The low crime rate along with an efficient and robust legal system makes it an attractive destination for investors. Safety and security is something that helps to make duabi one of the best places to live in.
• Freehold Ownership: For a foreign investor, one of the major advantages of investing in real estate is freehold ownership. This means they can rent properties in various freehold areas, which is beneficial, as it allows them to have greater control of the property.

Other than these, Dubai is home to a wide range of communities like Arabian Ranches, Business Bay, Damac Hills, Downtown Dubai, and so home. These communities are home to a wide variety of apartments, penthouses, villas, and townhouses. Besides, the facilities on offer are truly exceptional. For instance, you can choose from a wide range od projects from leading developers like Emaar, Nakheel, Damac, and so forth. Based on your initial need and requirement, you will be able to pick a home of your choice.

Conclusion

Dubai is a city that offers plenty of possibilities and with the city growing at a rapid rate, it surely offers investors a grand opportunity to make a fresh new beginning. A stable economy, along with business-friendly policies, and a convenient location, Dubai is a hub for international trade and investment. When you are presented with an opportunity, this is one city that ticks all the right boxes.