WHY DUBAI?
The business capital city of the world
Economic development
Whether in the field of real estate, research, health, tourism or even finance, the emirate of Dubai is today an essential global center for the economy of the future. With an average age of 30, its population has tripled over the past 20 years. Surpassing performance records every year, Dubai has become a megalopolis in 50 years, which had never been done before.
Accessible real estate price
Dubai is one of the most affordable real estate megacities in the world. The standards of service in the buildings are top-of-the-range, the buildings very often have a swimming pool, a gym and a concierge service. Local real estate is considered one of the best value for money.
High rental yields
As one of the most profitable cities in the world, Dubai has become a major economic hub. Attracting constant flows of entrepreneurs, researchers and executives throughout the year, the continuous rotation of its population makes the rental market extremely dynamic. Thanks to its affordable selling prices and this strong rental demand, Dubai is posting rental yields of up to 10%
Interest-free payment plans available to everyone
Real estate developers in the emirates offer payment facilities for up to 15 years and without having to go through a banking institution. These credits are interest-free and facilitate access to property for investors around the world.
Tax exemption
Dubai residents enjoy tax-free rental income, no income, wealth or inheritance tax is levied. In addition, Sheikh Mohammed bin Rashid Al Maktoum, Emir of Dubai, declared that his country intended to maintain this policy. A real estate investment also allows you to obtain a residence visa conferring many financial advantages
Full ownership and owner protection
By investing in real estate in Dubai, you can enjoy, since 2012, a 100% property (free hold). In addition, the government offers full protection to landlords, unpaid rent is considered a serious offense and penalties can be immediate.
Top 5 destinations to live and work
Dubai was ranked 4th best destination to live and work according to the expat explorer 2021 study, made by the british giant HSBC. Thanks to its high standard of living (its quality of life), its abundance of opportunities, and its good management of the health crisis Dubai has become a city of choice for expatriates.
Ideal geographical location
The city is easily accessible with direct flights from major cities around the world. Dubai is geographically located at the crossroads of asia, africa and europe. DXB airport is the 3rd busiest airport in the world with more than 100 million people passing through each year. Within 8 years, the country plans to receive more than 160 million people in their second airport Al Maktoum International Airport (DWC) which will thus become the busiest airport in the world
Security
The United Arab Emirates has been rated the third safest country in the world and the crime rate is close to 0. Safety makes Dubai a top destination for families and seniors.
Financial Security
Since 2012, the government has been securing transaction flows and monitoring developers closely in order to secure all real estate transactions. Firm regulations have been put in place in the course of their operations: the majority of funds dedicated to the construction of a real estate project must be held in a government-controlled escrow account. In addition, the promoter has the obligation to fund this account beforehand up to 50% of the total cost of the future project. This sum is then released only when the keys to the property are handed over to the owners. This is to ensure the delivery of the project.
