Owning your own property in Dubai: an interesting investment
Despite its popularity as a travel destination, Dubai is not the city people immediately think of to effectively relocate to. The long travel times and expensive local life often put a stop to relocation plans. So why you should go for a property purchase in Dubai? Read on:
Looser visa rules for property owners
Real estate worth €250,000 or more? Then you can apply for a residence permit valid for up to 10 years. Moreover, companies in Dubai are also allowed to have 100% corporate property there.
Politically stable
As the capital of the United Arab Emirates, Dubai is a very politically stable city. The region in which it is located is also very politically stable. This is due in part to its visionary leadership, as well as to the economic, social, cultural and environmental domains that are held in high regard. Consequently, the region and the strad itself are very accessible to outsiders.
Significantly higher revenues
Bought real estate in Dubai? Then you will be awarded a 7% return, which is quite a bit higher than elsewhere in the world. Moreover, the city's real estate market is one of the most regulated in the Gulf Cooperation Council. Thus, new laws are regularly drafted to the benefit of buyers and tenants.
Interested in investing in real estate in Dubai? This is all you need to know.
Why a second residence abroad, such as real estate in Dubai, can be interesting?
Investing in real estate in Dubai is attractive because of its high Return on Investment (ROI) and favorable tax environment, with no income and wealth tax on real estate.
With international appeal as a major business and tourism hub, demand for real estate remains steady, especially in popular areas.
The impressive infrastructure and continuous development of ambitious projects contribute to long-term value appreciation.
Moreover, investing in Dubai offers a valuable diversification of the investment portfolio, giving investors access to a dynamic and growing market outside their home country.
In addition to its attractive investment opportunities, Dubai also has much to offer people who want to live there. Its vibrant cultural landscape, modern amenities and beautiful beaches make living in Dubai a pleasant and enriching experience. In addition, the city is known for its safe environment and diverse communities, making it an attractive choice for expats and families.
