Why You Should Invest In Dubai Properties?

By Author: InchBrick Realty
Total Articles: 10
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The real estate market in Dubai is currently witnessing a steady ascent to the summit once more, and 2021 alone witnessed more than 84,000 transactions totaling AED 300 billion. As one of the highest-performing economies globally, combined with remarkable capital appreciation and rental yields, now is the perfect time to consider making an investment in property in Dubai. The city offers an exceptional opportunity to Buy property in Dubai and capitalize on its robust real estate market. With its impressive economic standing, Dubai stands out as an ideal destination for property investment.

Residential Visa Opportunities

Acquiring UAE residency has become more straightforward than ever. Individuals who choose to invest in residential or freehold properties, with a minimum value of AED 10 million, can now apply for a 10-year residency visa in the UAE. Likewise, those with investments exceeding AED 5 million are qualified for the 5-year residency visa in the UAE. Additionally, property owners investing AED 750,000 or more can avail themselves of the 3-year visa option. Each of these alternatives comes ...
... with various perks, including the ability to sponsor family members and dependents, as well as obtaining a driver’s licence and Emirates ID. For those looking to establish long-term residency, considering these options is a strategic move to Buy property in Dubai and enjoy the associated benefits.

No Annual Property Tax

Only a handful of countries globally have embraced a 'no property tax policy' while accommodating a rapidly expanding community of residents and investors. In this regard, the United Arab Emirates stands out as unparalleled. As per the official announcement from the Dubai Land Department, a striking 85% of elements within Dubai's real estate sector are exempt from the 5% VAT policy, ensuring they remain tax-free. The only exceptions to this rule are the sale of vacant commercial properties and leases for commercial properties. This tax-friendly environment makes it an attractive proposition for individuals looking to Buy property in Dubai and benefit from the unique advantages offered by the UAE's progressive approach to property taxation.

Gross Rental Yields of 5% to 9%

Over the course of just fifty years, Dubai has undergone a remarkable metamorphosis, evolving from a visionary desert tribe into a vibrant, sophisticated cosmopolitan city that leads the way in various industries, including real estate, hospitality, tourism, and aerospace. For potential investors looking to buy property in Dubai, the city presents an enticing opportunity with a gross rental yield ranging from 5% to 9% per annum. This places Dubai at the forefront of similar competitive markets, surpassing cities like Beijing (2.10%), London (2.76%), Paris (2.79%), New York (2.91%), and Toronto (3.91%). The impressive growth and profitability make buying property in Dubai a strategic move for investors seeking a thriving market and attractive returns.

World's Number One Destination

In 2022, Dubai was acclaimed as the world's most sought-after destination, surpassing iconic cities such as London, Rome, and Paris. This prestigious recognition comes from Tripadvisor's Travellers' Choice Awards for 2022: The Best of the Best Destinations. Annually attracting an impressive 15 million international visitors (excluding the Covid-19 period), Dubai significantly contributes to its economy through thriving industries like tourism, real estate, and hospitality. The city's allure is evident in its high-rise skyscrapers, luxurious man-made islands, an array of international shopping brands, Michelin-star gourmet bistros, and heart-pounding desert safaris. With such magnetic attractions, it's no surprise that people worldwide are drawn to buy property in Dubai and experience the glamour of this bustling metropolis.

Desirable and Luxurious Properties

Dubai's real estate landscape features developments crafted by globally acclaimed developers such as Emaar and Nakheel. These properties, known for their robust construction and resilient design, also embody luxury and elegance. The townhouses and villas in Dubai stand at par with the most desirable properties worldwide, making them an attractive choice for those looking to buy property in Dubai.
As a noteworthy addition, the upcoming Hyderabad Expo 2024 is set to showcase diverse opportunities and innovations. Against this backdrop, investing in properties in Dubai presents a unique prospect for individuals seeking not only structural strength and aesthetic sophistication but also a strategic move to buy property in Dubai amidst dynamic global developments led by events like the Hyderabad Expo 2024.
The Hyderabad Real Estate Expo 2024 by Inch & Brick Realty is not just about properties ; it's an immersive experience designed to connect you with the leading developers, financial experts, and real estate professionals. Engage in informative seminars, panel discussions, and interactive workshops to gain a comprehensive understanding of the real estate market trends, financing options, and legal aspects.
Inch & Brick Realty's commitment to transparency, reliability, and customer satisfaction is reflected in the expo's ethos. This event is a unique opportunity to interact directly with representatives from Inch & Brick Realty, fostering a personal connection and building trust in your real estate journey.