Reasons To Invest In Dubai Real Estate

1.       High Yield Rental Returns

The UAE is one of the few places in the world which provides some of the highest rates of returns in property investment. With an approximate rental yield of 7%, this stands as favorable compared to other cities in the world such as London, Hong Kong and even Sydney. It offers a chance for the investors to maximize their investment further and reap the benefits of a favorable investment. Since it is also one of the few places offering 0% tax on residential properties, it increases the investors desire and makes it highly lucrative to invest in the same.

2.       Pristine Location and Fascinating Properties.

With magnificent architectural beauties and eye-catching skyscrapers, Dubai is one of the most fascinating places to find an ideal property. Known for its’ perfect blend of natural beauty and serene lifestyle, Dubai is home to more than 120 nationalities that fits all interests, ranging from families to ambitious singles. Investing in Dubai Properties can not only be a financial success but also improves an individual’s comfort of living, making Dubai Properties distinct.

3.       Steady Economic Growth

As stated by the Ministry of Economy, The UAE has launched multiple strategies to achieve sustainable economic growth and future focused business sectors. It is estimated that UAE’s real estate market will grow faster over the coming years making it more desirable to invest and take advantage of the low home loan interest rates, discounted property value and reduction in the service charges.

4.        Opportunity to get a Residency

Owning a residential property in Dubai, will allow the investor an opportunity to earn a residency in this magnificent city. Earning a residency in the UAE would give so many benefits and an opportunity to live indefinitely in a one-of-a-kind country. Investing in a residential property in the UAE will grant the investor a residence permit. According to the UAE investor visa program, the property must be completed upon the purchase and its value must be of at least AED 1 million. It is important to note that off-plan properties do not make one eligible for earning a residency. Holders of residence visas through real estate purchase have the ability to sponsor their dependent as well.