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Posted by Dubai Vista Estate on 12/01/2022
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Why invest in real estate in Dubai?

Why invest in real estate in Dubai? At Dubai Vista Estate, we reveal all the reasons :  

 

1 – When we look at the real estate investment figures for 2021, we see that this year has been a banner year for investors.

The COVID-19 crisis has propelled real estate investment in Dubai. According to figures recorded by the Dubailand Department, since the beginning of 2021, the amount of transactions has only increased, as has the number of transactions. In 2021: 60,751 real estate transactions for a total amount of 150 billion dirhams.

 

2 – Not paying any additional taxes  is one of the most well-known reasons for a large number of people.

The non-payment of tax or income tax, resale or even land tax, is an added value.

Dubai is planning to increase the number of inhabitants and is betting a lot on real estate investment.

 

3 – Several real estate developers are setting up payment plans, to facilitate the buyer in his real estate investment in Dubai.

Depending on the developer, payment plans can vary. Ranging from 1 year to 10 years.

 

4 – We must not neglect the return on investment.

Today the average return on investment in Dubai real estate is 7 to 10% net, compared to 4 to 6% gross in France.

 

5 – Many technological advances are constantly being made. There are many expatriates, about 88% expatriates and 12% from Emirates.

The average age in Dubai is 30-35 years old, an active population. The tertiary sector is developing more and more and attracts young workers to develop their skills and evolve in the professional world.

 

6 – Dubai is one of the TOP 10 safest cities in the world. Every year, Numbeo, the largest participatory database of all cities and countries in the world, posts its ranking, out of a total of 431 cities.

In 2021, Dubai is at the 7th place in this ranking, and the first city in France, the most secure is the city of Nice, which arrives at the 194th position. Note that 3 cities in the United Arab Emirates are in the TOP 10 most secure cities (1st Abu Dhabi, 6th Sharjah and 7th Dubai).

 

Dubai real estate; Why invest in real estate in Dubai

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