News
March 14, 2024

Unique Dubai Perfect Place to Invest

Dubai is a unique and exciting city that offers a wealth of opportunities for property investors. With its strategic location at the crossroads of Europe, Asia, and Africa, Dubai is a hub for trade, tourism, and finance.

Unique Dubai Perfect Place to Invest

4 questions to consider before buying a home

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Simple steps to buy a home successfully

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Consider your finance options, and then choose the best one available

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Make an offer with some wiggle room for negotiation

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Which other tips do you recommend when buying a home?

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Real estate in Dubai continues to be a priority for investment

Dubai is a unique and exciting city that offers a wealth of opportunities for property investors. With its strategic location at the crossroads of Europe, Asia, and Africa, Dubai is a hub for trade, tourism, and finance.

The city’s tax-free status and liberal business policies make it an attractive destination for entrepreneurs and investors from around the world.

Dubai is also known for its luxurious lifestyle amenities, including world-class shopping, fine dining, and stunning beaches.

Growth in population

With 5.8m by 2040, doubling the current population

Growth in GDP

A 4.6% YoY GDP growth rate in the first nine months of 2022

Growth in real estate

A 65% growth in the number of transactions and 71% increase in value compared to 2020

For those interested in investing in this growth, off-plan projects in Dubai offer a great opportunity. These projects, which are sold before they're fully constructed, often come with attractive payment plans and the potential for high returns.

Real estate in Dubai continues to be a priority for investment

  • Development of +5 urban areas.
  • 105% more green and recreational areas.
  • new urban planning laws to support sustainable development and improvement.
  • 55% of the population live within 800 meters of a main public transport station.
  • 25% increase in spaces designated for educational and health facilities  increase in space for hospitality and tourism activities.

LONG TERM RESIDENCY VISAS

Under the Golden Visa system.

MINISTRY OF TOLERANCE

Only country in the world to have a Ministry of tolerance

Attractive Tax System

0% income tax, 0% capital gains tax, consumers pay 5% VAT on top of their purchases, from 1 June 2023 corporate tax is set at 9% on profits above AED 375,000 which is about €95,000. Exceptions: certain exempt (government) companies and companies in Free zones meant for international trade.

BEST PLACE TO LIVE AND WORK GLOBALLY

Dubai rank 5th in the list for expats as the best place to live and work globally.

HIGHLY COMPETITIVE REAL ESTATE PRICES

As compared to global cities like New York, Hong Kong, London, Paris, Singapore and Tokyo.

WORLD-CLASS EDUCATION AND HEALTHCARE

A seven year agreement was signed with McGraw-Hill Education, a learning science company. Dubai Health Care City (DHCC) is the world’s first business park/cluster of 20 million square feet devoted to health care.

PRO ACTIVE GOVERNMENT

A Series of monetary and fiscal measures by the government backed by a reliable health sector have cushioned the impact of the covid19 Pandemic.

DUBAI AIRPORT

Ranked as the busiest International Airport with over 90 mn passengers being handled annually.

AT THE CENTER OF THE GLOBE

  • A 4-Hour Flight – from 31% of the world’s population with 11% of the global GDP.
  • An 8-Hour Flight – from 76% of the world’s population with 53% of the global GDP.

The team at R&AA Properties is excited to speak with you, feel free to contact us for expert guidance on buying or selling properties in Dubai's real estate market.