If you are a real estate investor, Dubai properties offer some pretty promising opportunities for you to consider. However, many investors often worry about investing in overseas property for the first time. This worry is unfounded. You just need to take the time to prepare. Luckily, learning about investing in Dubai real estate is a much simpler task than learning Forex trading basics. Find out why you should consider investing in Dubai properties below.
Property demand is the highest its ever been in Dubai. Increasing property prices in India have caused a huge trend of Indians investing in Dubai properties. In addition, news about Dubai’s excellent investment opportunities have spread. This has led to a ton of Pakistani, British, Chinese and Canadian nationals seeking real estate in Dubai for their own. If you want to capitalize on high property demands, invest in Dubai real estate.
Booming Tourism Industry
Just as property demands are rising, the Dubai tourism industry is also experiencing a boom. The United Arab Emirates economy has reflected this as well. A ton of new hotels and real estate projects are under construction as a result of the booming tourism. There are even new luxury retreats in development that are sure to lengthen the boom even more. This is a peak time for investors to capitalize on.
Tax Free City
Dubai is one of the tax free zones of the United Arab Emirates. This means that Dubai is a tax-free city. There are no income taxes or capital gains taxes for investors like yourself. This obviously presents one of the best tax-free investment opportunities for those who are looking for them. If you want to capitalize on a place that offers some of the best real estate investment opportunities with no taxes due on income or capital gains, Dubai is the place to be.
Low Crime Rates
Dubai has an incredibly low crime rate. Of course, the low crime rates in Dubai make it an incredibly enticing prospect for the Emirati people to live and work. This contributes to real estate demand, which is great news for property investors. If you want invest in a safe area with low crime rates, consider investing in Dubai real estate properties.
Preferred Property Investment Location
Just this year, Dubai surpassed London as the number one preferred property investment location in the world. If you were still up in the air about whether or not to invest in Dubai properties, let this be the argument that sways you. Real estate investors from all over the globe are clamoring to purchase property in Dubai. Make sure you invest now, before your potential ROI takes a hit from waiting too long to act.
If you are a real estate investor, investing in Dubai real estate could be the best decision you ever make. The UAE economy is thriving. Housing demand is higher than ever, and the Dubai tourism industry is booming. Make sure you consider all these reasons to invest in Dubai when making your decision. These investments could even outperform some of the best bond rates. Now is the time to capitalize on the perfect tax free environment to start investing in Dubai properties.
Photo from https://thedubai100.com/travel/2017/07/10/dubai-ranked-as-top-ten-world-destination