Por investors, Dubai is a true paradise, especially when it comes to investing in the real estate sector. If you want to invest in Dubai but don’t know which line of business to choose, real estate is the best option available to you. Are you wondering why? In fact, investing in real estate in Dubai has many advantages. Let’s take a look at these various benefits here.
Property in Dubai: very unique features
While it can proudly claim the same, if not more, prestige as other major cities in the world, the city of Dubai offers much more affordable property prices. Indeed, it is enough to compare real estate prices, in particular, per m2 in Dubai and in other cities such as Paris, London or New York, to notice a noticeable difference. Similarly, Dubai’s real estate market is managed as efficiently as it is efficiently.
We highlight the presence of real estate agencies that offer property management services.Property investment in Dubai. In this array of agencies operating in Dubai, Dubai Real Estate has established itself as a reference brand. It offers you a full range of services designed to give you the confidence to have a great real estate investment. Once you have made up your mind and are ready to invest in property in Dubai, make the right choice by contacting a reputable real estate agency such as Property in Dubai.
Property in Dubai: a surprisingly successful market
If there is something that characterizes Dubai real estate market, this is his great performance. For example, in 2021, both investors and foreigners invested heavily in the real estate sector in Dubai. This factor contributed to the attractiveness of the market and spawned large financial transactions in the field. We also noticed a significant increase in demand for luxury apartments. Overall, over 60,900 sales were registered in Dubai in 2021, up 75% from 2020.
Virtually no taxes
When it comes to investing in real estate, one of the biggest fears investors have is taxation. In most major cities, states are introducing tax systems that can cost investors dearly. The taxes that affect real estate transactions are varied and are of great concern to investors. In Dubai, on the other hand, things are different.
As the city of Dubai plans to increase its population, it is banking on, among other things, real estate investment. This does not apply to real estate taxes, taxes on rental income or capital gains. At this level, it is important to point out that Dubai is the only city in the world that offers such services. fiscal benefits to their investors. This policy allows them to increase the return on their investment exponentially.
Completely safe destination
Per invest in the real estate sector, security is one of the criteria commonly taken into account by investors. Recognizing this reality, Dubai authorities have made every effort to make this city a completely safe place. The world’s safest city rankings show that both investors and Dubai residents can rest on their laurels.