Why Buying Properties in Dubai Is a Lucrative Investment?
Dubai is an artificial oasis and is one of the greatest man-made cities with all sorts of attractions that you can’t even think of. Aside from the beautiful weather and gorgeous beaches, Dubai has an impressive infrastructure and a plethora of stunning buildings making it a great option for investment, especially in the realty sector. Dubai is home to the world’s largest mall, the highest tower on the planet, and some of the most exclusive restaurants, hotels, and nightspots around. Not only this, but Dubai real estate offers some of the most attractive rental yields in the world. Also, the property prices per square foot are lower than in many other cities globally making Dubai an affordable location to own prime real estate.
What makes Dubai a lucrative option to invest in?
- World-class Architecture – Being the smartest city in the world, it is already home to the tallest building Burj Khalifa
- Ideal Location – Dubai is an international central hub of links to other countries and is the 2nd busy airport and largest airport in the world making it an ideal location for investment.
- UAE Property Visa – One of the most interesting facts about Dubai is that you will be allotted a resident visa based on your property purchase in Dubai. However, the value of the property you invest in should be at least AED 1 million and there should be no mortgage against the property and should be completely habitable.
- Tax-free Heaven – Dubai is a tax-free country, which attracts people across the globe to work and invest in Dubai.
- Higher Rental Return – Who doesn’t want good returns on his/her investment? Dubai offers much higher returns as compared to other capitals. On a very conservative basis, the rental return in Dubai will not be less than 9%.
The demand for investment properties in Dubai is constantly increasing and real estate investment is one of the most feasible ways for investors to enjoy various benefits such as no additional annual property taxes, residence visa, high return on investment, etc. If you are convinced about investing in properties in Dubai, then feel free to consult the realty experts at Sweet Home Dubai- A one-stop destination for your Dubai real estate requirements. Visit us at https://www.sweet-home-dubai.com/, or talk to our experts at +972 03-644-44-46 and make your next big investment in Dubai properties with the Sweet Home Dubai.