Dubai is one of those cities that ranks top on real estate worldwide. If you’re one of those people looking for investment opportunities in Dubai, then real estate is undoubtedly the best option for you. Investing in a property in Dubai is one of the best ways to accumulate wealth and generate income. 90 percent of all millionaires have become one by investing in Real estate as it helps one to make more money than all the other industrial investments combined together. However, it is necessary to select the right place to invest in and wait after doing so. Investing in real estate has its own risk factors and hence you must consider specific aspects so that you can get the highest possible returns from your land.
WHAT MAKES DUBAI THE BEST PLACE TO INVEST?
Popular for its attractive structures and mind-blowing architecture along with its highly superior lifestyle, Dubai is one of the most appealing places for people to settle; and is a dream destination for many.
ZERO PROPERTY TAX:
The first and most important thing that draws people from all around the world to invest in Dubai is the fact that the city has no property tax or Capital gains tax. So unlike the other landowners, these people who are going to invest in Dubai don’t have to pay any tax to the Government for their property every year.
PROMISING RETURNS AND FLEXIBILITY:
The Emirate offers highly secured and flexible payment plans to individuals based on their status. Moreover, the population there is on an increasing scale and hence will promise an increase in demand for your property.
RELAXED VISA RULES:
The United Arab Emirates offers Visa incentives to those who invest in their property. Businessmen owning properties valued above 1 million dirham may be entitled to a 2-year residency visa and those owning above AED 5 million would be entitled to a 5-year residency visa and people who secure property worth above AED 10 million,will be entitled to a 10-year residency visa.
AWE INSPIRING INFRASTRUCTURE:
The exceptional infrastructure of Dubai is one of its greatest strengths that has kept the city retain its fame ever since. The infrastructure is reasonably strong and reliable. With architectural wonders such as Burj Al Arab, the only “7-star” hotel in the world, featuring a Skyview Bar, an underwater restaurant and an outdoor tennis court, BUrj Khalifa, the world’s tallest building, Jumeriah Beach Hotel with its striking wave like design; the city stands out as a an ideal lead in terms of construction. Thriving as the Business hub of the Middle East, Dubai attracts business talents from every part of the world.
POLITICAL STABILITY AND LOW CRIME RATE:
Being one of the safest countries with proactive leaders and a politically stable ground, it would be a good choice where you can confidently invest without having to fear hindrances from the government’s side.
Look no further, if you’ve made up your time to invest the amount you’ve got in your hand, Investing in Dubai-based Real Estate would probably be the best decision you’re gonna make this year!!!