Over the decade, Dubai has evolved into a global metropolis brimming with unparalleled investment opportunities, attracting people from all over the world. With tremendous economic growth, breath-taking infrastructure and sustainable living, Dubai is all geared up to thrive in the coming years.
That being said, investment in the real estate market of Dubai can be a sound long-term investment strategy. The market looks promising and is going to rebound strongly. Here are eight reasons to invest in Dubai’s real estate market in 2022-
1. Boost your rental yields
Want to make the most out of your real estate investment? Dubai can be your best bet. The city’s real estate market offers extremely robust opportunities that help investors yield a consistent income stream. In addition, investment in Dubai could be a highly rewarding experience as you can expect returns which are significantly higher than its counterpart cities, including Hong Kong, New York City, and London.
2. Breath-taking infrastructure
Known for its glittering skyline, cutting-edge transportation and busy malls, Dubai has always been in the limelight for its infrastructure. As the centre of international trade in the Middle East, Dubai demands attention for its breath-taking architecture, excellent facilities and amenities. Thereby, Dubai makes a great place to invest in as it has everything you need.
3. Tax Incentives
When it comes to paying taxes, Dubai is a tax-free haven. With absolutely no annual property taxes, it exempts you from any obligations related to residing in a large metropolis. As Dubai is one of the few places with 0% tax on its properties, it makes investment here more lucrative.
4. Strict Framework
Political stability has long been a priority for the UAE. The UAE government has always highly valued participation in daily governance. In addition, Dubai also has considerable financial and monetary stability.
With its advanced banking system, there is wide access to credit facilities and plenty of liquidity. Furthermore, the rigid rules and regulations implemented by the Real Estate and Regulatory Agency (RERA) provide an added benefit
5. Unparalleled Quality of Life
Dubai’s standard of living is unmatched worldwide! It is regarded as an attractive place to live on a global scale. Life here is the finest due to the excellent living level, excellent connectivity, strong educational and healthcare systems, and more. It is safe to say that this is one of the MENA region’s safest nations to invest in.
6. Low Crime Rates
UAE is the second safest country in the world, with the lowest crime rates in Abu Dhabi and Dubai. Thanks to its well-functioning legal system, the country offers more than just safety to its residents and investors.
7. Investor-friendly Policies
Investors receive resident visas based on their property investments in the city, making it another compelling reason to invest in Dubai. Expatriates who invest a minimum of AED 2,000,000 in a fully paid freehold property in Dubai are eligible for the policy.
8. Exemplary real estate properties
Whether it’s a convenience, comfort or desired budget, Dubai has something for everyone. Every day, something new and unthinkable is introduced to the market to meet the expectations of the current trends. So if you are a businessman or a non-resident of the UAE, there are numerous options available to you.
Final Words
Dubai has transformed itself into a major business hub constantly evolving to attract the masses to invest in it. As you can always expect something new and exciting, it can be a great choice for long-term investments. Contact Cheval Blanc Real Estate today if you are looking for residential or commercial properties in Dubai.
