Dubai is synonymous with glitz and glamour, but it was the theme of affordability that has dominated dubai real estate in residential or commercial projects.
2- New Visa & Investment Rules
The government of UAE has announced new econimic reforms enabling 100% foreign ownership in companies and long term residence visas for skilled employees.
3- The Dubai Expo 2020
The expo is likely to give a boost to the UAE economy and forcast to pump almost 40 billion into the economy. it will have a positive impact on dubai’s real estate with the property prices expected to rise in almost three years. various sectors, including construction and segment retail.
4- Open & Free System
Open economic policies, negliable government control and private companies regulation have played an instrumental role in attracting foreign direct investment.
5- Ease of Business Setup
Free zones projects also give companies 100% foregin ownership, 100% repatriation of capital and profit.
6- High Return of Investment
Property apprecitation, capital gain, salaries and rental yields should mean strong and high return of investment.
7- Current Taxes And Political Scenario
Property prices could decrease 10 to 15 % in the next two years, due to the political risks, new supply and the introduction of value added tax in UAE. Property prices is dropping, which can attract potentail buyers and investors.
8- Dubai Booming Tourism Industry
The tourism sector will feel invigorated with the newly made as well as ongoing projects such as museum of the future , Dubai Expo, Dubai South, Jumeirah village and other areas.
9- Low Crime Rate
UAE is one of the safest countries in the world with lowest crime rate in Dubai and Abu Dhabi.
10- Quality of Life
Dubai is internationally recognized most desired lifestyle destination with topnotch living standard and outstanding connectivity, a prime example being the Dubai Metro.