1. UAE's GDP per capita
Dubai’s economy is projected to grow 3,8% in 2020 which will be higher than the global growth forecast of 3,6%.
According to Interpol, Dubai is a politically stable environment and a safe city for citizens, residents and visitors as it is considered to be one of the safest cities in the world in terms of crimes and health.
With a population of over 200 different nationalities, Dubai is the fourth most visited city and a hub for businesses.
4. Good Return of Investment
While Dubai still offers one of the lowest prices in real estates it continues to offer the highest yields in the world averaging 7-8%.
5. UAE Property Visa
Dubai offers Residence Visa on full ownership of a residential property of AED 1 million as well as issuing 5 or 10 years Golden Residency Visa. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100% ownership of their business on the UAE’s mainland.
6. Stable currency
The UAE dirham is pegged to the globally recognized US dollar which allows the currency value to enjoy balance, growth and stability in import and export trade rates.
7. Zero tax
0% tax on residential real estates investments and income with no limitations of transfers outside the UAE.
8. Dubai Ranks
As a city Dubai ranks fourth among the top global destinations for travellers.
9. Highly Regulated
Dubai’s real estate market is one of the best-regulated in the GCC with the government has adopted several measures such as the escrow regulation, rental cap, rental increase calculator, and a rental dispute settlement center.
10. 100% ownership
The 100% business ownership policy that was announced this year will allow large businesses to accelerate growth and integrate with global markets for long term growth.
AND ONE EXTRA: Out of the bubble
As per the international researches, the prices on Dubai real estate units are undervalued and is forecast a growth in the near future.
It is booming already, for those that were waiting for the market to reach the bottom… it’s right here, and the prices started to increase, this is the first indicator.
Just have a look at the facts, want to know more? Ask me!
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