Why Invest in Dubai?

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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).