Your search results

Dubai real estate: Why invest? 5 good reasons

Posted by Dubai Vista Estate on 19/12/2022
0

Dubai real estate: Why invest? 5 good reasons

There are many reasons to invest in real estate in Dubai. Here is a selection of 5 good reasons to invest in Dubai.

1.The economic model

Dubai’s economic model is doing well thanks to strong population growth.

Dubai is experiencing strong population growth, with people from all over the world moving into the city. This is due to Dubai’s policy of allowing anyone to come and live there, without having to worry about visas or other restrictions.

Dubai’s population is expected to double by 2040 as it continues to attract investors from all over the world.

Urban development in Dubai is a priority for the city’s authorities. The Urban Development Program 2040 envisions a better quality of life for the city’s residents, while promoting Dubai as a leading global destination.

This development project is essential to the growth of a city.

As part of the Dubai Urban Development Program, Dubai has set the following key development goals:

  • An increase of more than 400% in the length of public beaches,
  • Specific facilities for sustainable mobility,
    • More than 85% of the population will have access to public transportation within 500 meters of their home.
  • The number of green spaces is expected to double by 2040.

Dubai real estate

2. Dubai is an ideal place to invest in real estate because of itshigh quality of life.

The number of tourists is increasing every year due to the quality of life in the United Arab Emirates.

Whether for children or adults, Dubai has adapted to its population. There is something for everyone in this place where life is good, under the sun all year round.

There are many excellent restaurants, beautiful beaches, excellent infrastructure and many entertainment options in Dubai.

3. The safety

Dubai is considered one of the safest cities in terms of crime. The crime rate is very low and the judicial system is very efficient.

Dubai is part of the TOP 10 of the safest cities in the world. Each year, Numbeo, the largest participatory database of all cities and countries in the world, posts its ranking of 431 cities.

In 2021, Dubai is in 7th place in this ranking. The first and safest city in France is the city of Nice, which ranks 194th.

To be noted that 3 cities in the United Arab Emirates appear in the TOP 10 most secure cities (1st Abu Dhabi, 6th Sharjah and 7th Dubai).

Taxes

4. Low taxes

If you are considering investing in real estate in Dubai, be aware that the city has a strong regulatory framework to protect investors. Dubai’s taxes are low, making it an affordable place to invest.

Dubai’s local taxes are particularly advantageous. There is no income tax, dividend tax, capital gains tax, payroll tax or corporate tax.

With low tax rates and no personal registration requirements. More and more people are moving to Dubai, boosting the real estate market.

Safety

5. Real Estate: the business model of Dubai

Dubai is trying to attract international investors with its attractive investment policy. By investing in real estate here, you can obtain a resident visa provided that your investment is at least AED 750,000 (192,000€).

There are no restrictions on the property you purchase. This policy therefore attracts many international investors.

Article by Dubai Vista Estate

Need to know more about investing?

Schedule your telephone conversation with one of our experts now.

Compare Listings