Why Invest in Dubai?
Sections :: 2260
Why Invest In Dubai?
There are many reasons why not only UK and US nationals, but all nationalities, are purchasing property in Dubai.
Dubai Financials
- Dubai property prices are low compared to those in
the UK and popular European countries where markets are at all time
highs
- There is no income tax or capital gains tax applied in Dubai on
rent or resale
- There is no stamp duty, legal fees or survey costs
involved in buying freehold property in Dubai - apart from a 1.5% land
registry fee on completion
- Property has only recently been open for
purchase by non UAE Nationals and therefore many investors view there
to be a huge potential for growth in the Dubai property market
- With
the current level of exchange rate, the value for money in Dubai
compared to many other global property prices is second to none.
- Rental income from Dubai property is currently yielding around 8-10%
- Capital growth is likely to average in excess of 15% per annum
Dubai Lifestyle
With year round sunshine the weather in Dubai is simply superb. Temperatures
rarely fall below 20 degrees Celsius - for more information, see
Dubai 's yearly temperature chart.
- The population in Dubai is very cosmopolitan with over 85% of residents
being expatriates
- There is a superb choice of restaurants offering international cuisine to
suit all budgets.
- Dubai, whilst being an exciting, thriving, bustling city still offers the
calm family orientated environment that suits all ages
- Dubai is a city which offers amazing choice of activities for both adults
and children
- There are over 47 shopping malls that offer many high street brands as well as designer outlets from around the world
Printed from the UAE Realtor Website (www.UAERealtor.com).