Dubai is one of the most populous and cosmopolitan city in the United Arab Emirates. Dubai is known for its luxurious lifestyle, extravagant shopping, mind boggling architectural marvels and sky scrapers. It truly is an oasis in the dessert.
Dubai in recent times have seen a huge surge in expats moving in and settling down there. This also has made the real estate scenario in Dubai extremely popular.
What Living in Dubai is Great?
- The UAE is a largely tax free country – so you don’t have to pay taxes. The government collects revenue through other means – parking fees, car registrations etc
- Dubai offers good medical and schooling facilities.
- It has great transportation options – broad roads, cabs, metro
- It is a largely safe country – whether you are a male or female you can almost walk anywhere in Dubai at any hour
- Dubai gives you a sense of freedom in practicing your religion freely
- Everything in Dubai exudes luxury – shopping, living, food, festivals, cars
Property in Dubai
Dubai Real estate market got a huge popularity w.r.t. return & hence most of the expats has already started investing in Dubai to get good return out of their investments.
Indians top the list of foreign investors in Dubai Real Estate Market in 2014 and 2015.
According to real estate studies rents for studio apartments in Dubai yielded 7 percent on an average in December 2015, which is far higher than many prime properties in across the world.
DAMAC Properties is one of the leading real estate company in Dubai. They construct and offer luxury residential and commercial properties both for sale in Dubai, UAE and other Gulf countries.
Some of their famous projects include
AKOYA Oxygen
AKOYA Imagine
AYKON City
Investing in a property in Dubai now can be good in terms of returns and living. Apart from the financial advantages, investment in the real estate in Dubai is a pretty straight forward and hassle-free process. It is hard to ignore the massive growth that Dubai has seen in recent times in every aspect. Riding the same wave is a good idea.
So if you have the means for investment and looking to invest in a property Dubai can be just the destination for you. Do have a look out for properties for sale in Dubai.
3 comments
Dubai has all the upmarket residencies. It has become a global business centre and hence the residencies developed and sold are very premium with all the hi- class amenities.
Damac has a detailed information on their project which are very luxurious. This is the great transparent platform where one can buy the property from the developers directly without the middle men or agents
Dubai has all the upmarket residencies. It has become a global business centre and hence the residencies developed and sold are very premium with all the hi- class amenities.
Damac has a detailed information on their project which are very luxurious. This is the great transparent platform where one can buy property in Dubai from the developers directly without the middle men or agents
Well written and insightful article o investment in Dubai, Dubai has seen an increase in the number on Indian Investor in the past few years, read my article to know why Dubai has become the paradise for India Real Estate Investors.