Investing in Property in Dubai

Reasons to Invest

In recent years, Dubai has received a huge international interest and attracted large numbers of new residents on a monthly basis. In 2007 alone, Dubai received approximately 200,000 new residents. With its strategic location and tax advantages, Dubai is an ideal base for multinationals targeting markets in Central Asia, the Middle East, Africa, the Asian Subcontinent and the Eastern Mediterranean. These regions combined have a population of over 2 billion people and a GDP of US$ 6.7 trillion.

Property in Dubai is an investment option viable to almost every level of investor, with property prices to accommodate both high and low financial levels. Some of the benefits of the cheaper properties to be found in Dubai are the sought after locations and residential facilities incomparable with many other locations for investments at similar prices. Along with the benefits, it is possible to purchase within developments offering guaranteed rental income, providing returns from the moment the construction has been completed.

• Innovative architecture
• Legal foreign ownership for freehold property
• Current rental yields are around 5%
• No capital gains tax
• No rental income tax
• Luxury facilities in most developments
• Magnificent beaches attractive to the tourist market

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