Dubai is one of the fastest-growing cities in the world, which means that its economy is thriving. In addition, Dubai has an unrivalled property portfolio that offers a wide variety of options for investors. Plus, Dubai offers some of the best returns on property investment. These are just a few of the reasons why Dubai is the best place to invest right now.
GREAT WEATHER
The weather in Dubai is great all year round! You can enjoy plenty of sunshine throughout the year, with two distinct seasons: winter and summer. Summer starts around May and winter around October. The weather is hot and sunny all year round, with blue skies.
NO INCOME TAX
Dubai is a great place to work because it offers a tax-free lifestyle. In other words, you don’t have to pay taxes on your income here. This is a major draw for expats from all over the world. Keep in mind that there aren’t many places in the world that offer this benefit.
HIGH LIVING STANDARDS
The city of Dubai is known for its high standard of living. It is home to some of the most luxurious hotels and resorts in the world. Dubai is also a great place to shop, with some of the best malls and shopping districts in the world.
SAFETY
Dubai is one of the best places in the world to raise a family. The crime rate is low, and there is little to no violence. In fact, Dubai is considered to be one of the safest cities in the world.
WORLD CLASS INFRASTRUCTURE
Dubai is known for its world-class infrastructure which helps make it a major hub in the Middle East and around the world. The city has top-notch urban planning and is becoming a smart and sustainable city.
COMPETITIVE PRICING / HIGH RENTALS
Dubai offers superior rental yields than popular cities such as London and New York. With a gross rental yield of between 6-10% and an average return of average 7.5%, Dubai offers a great return on investment. The property prices in Dubai are also competitive versus other major international hubs.
STRATEGIC LOCATION
Dubai is strategically located in the middle of the United Arab Emirates, making it a key aviation link for getting to anywhere in the world. Its location is also ideal for business travelers, as most flights from the UAE last four hours or less to all major business hubs in MENA.
ECONOMIC GROWTH AND STABILITY
Dubai is a popular destination for investors because of its stable economy and continuous growth. The city is the commercial and tourism hub of the Middle East, and has a very diverse economy that attracts a high volume of foreign investment each year. It’s no surprise that Dubai was ranked #1 in 2021 for attracting foreign direct
GOVT REGULATED MARKET
The Dubai real estate market is considered to be the most transparent in the Middle East and North Africa. The market is currently doing well and there are no indications that it will slow down soon. The Dubai Land Department (DLD) has implemented new and revised initiatives and regulations to improve market transparency. The Dubai Land Department has recently made all real estate data publicly available. This initiative makes it easier for people to access information on property transactions, helping to create a more regulated market.
Dubai is quickly becoming one of the most popular places in the world for investors. This, in turn, creates a ton of opportunities for those looking to invest in the city’s property market.
