Source: Unsplash | Nick Fewings
Have you been interested in investing in Dubai’s real estate market? Are you in love with those off plan projects by Emaar and want to know more about it and see if it is a good investment option? Would you like to live in one of the amazing apartments for sale in Dubai you’ve seen twice online this week in Dubai? How about moving to a wonderful residential community such as Dubai Hills Estate?
Here are some reasons why you should heavily invest in Dubai property market:
EXPO 2020 IS COMING TO DUBAI
Dubai will be the host for the World Expo in October 2020 which will attract not only thousands but millions of people from all over the world. Due to this event, the off property market has boosted because investors who buy near the Expo will receive an even higher ROI (return on investment).
The Expo will be on for over six months so that will be an excellent opportunity for buying and getting started on the rental property market.
LOW CRIME RATE
Dubai has been known worldwide for having some of the lowest crime rates of the world and this is one of the main reasons and advantages of acquiring a property in this great city.
NO ANNUAL PROPERTY TAXES
You have to know that one of the perks of investing in Dubai’s real estate market is that it is tax-free. When you buy a property, doesn’t matter if it is a residential or a commercial one, the purchase doesn’t include taxes. And further in time as an owner, you won’t be obliged to pay taxes either. That’s an amazing deal, right?
DUBAI’S POPULATION IS GROWING
Of course, with its constant economic growth, Dubai’s a city that is constantly growing in demographics too. This translates in an increase of property projects and developments.
GOURMET RESTAURANTS, ENTERTAINMENT
There are many things to do in a non-stopping city like Dubai. You can go to every kind and type of restaurant you can think off, buy all you want on retail stores and enjoy a luxurious life on the amazing theme parks, spas, beaches and more!
You can also go out on safaris, go skydiving or even skying. Dubai’s also home to some world record projects, such as the tallest building in the world: the amazing Burj Khalifa.