Here is why investing in Dubai is really the right way to make you your money! Dubai Property Investment works in close knits with leading developers and real estate agents in Dubai, which enables us to offer you a wide range of apartments and villas in the best of locations. It must always be remembered that the one and only 7 starts hotel is there which gives wide tourists attraction as well as attraction to the worlds leading singer, actors, prime ministers, presidents and hence on
Through our research and experience in the Dubai property market we are able to bring you well-grounded knowledge and understanding of this dynamic investment market for your investment purposes that will get you what you desire to earn you and make you your right investment
Property is cheap in absolute and relative terms. For example at this moment, an average luxury condominium will cost around $1,000 per square meter in comparison to London Docklands where it would cost $5,000 per square meter. There are not many modern cities in this world where high-standard property at such rate. Not to forget that Dubai is growing into something really extravaganza and the property price is still really affordable so it should be wise to all to invest here.
Dubai is in the making of inventing an international property market from scratch, with foreign ownership of freehold only introduced last year. Thus potential buyers are given an exceptionally good deal to solicit them to be pioneers; the fact that their market value is also so flexible is that encourages all elites to invest.
A fundamental influence on property prices is raising building costs. The low US dollar is pushing up the cost of any items that are needed from Europe, which is pushing energy and oil prices to its peak but yet the fact that the prices are still cheaper in comparing to United Kingdom
Tax Free Income
Dubai is a city where a lot of people earn high tax-free salaries and are in a position to support higher house prices. This is a city with a 20-year track record of strong economic growth and will continue to be that attraction for foreigners and regional inward investment to solicit the elites in making a right investment. Thus, to make an investment here would be wise as it can be seen that the country is indeed growing and heading to the top. The fact that there is a strong economic growth is really fundamental to the fact that investing in Dubai would be wise.
The country has developed rapidly over the past 10 years and has transformed itself from an oil dependent regional entrepot, a small country that was dependent on everything and anything into a highly diversified international business centre of global importance and has never looked back since, which offers opportunities for UK business people in all sectors. At present, over 500 UK companies have been set up in Dubai, making in known to many that it’s a worthwhile investment. It just keeps growing, not only is it a good investment as major leading companies are there the fact that the its so unique and has a 7 star hotel is major attraction to many.
Tourism
Over 3.4 million tourists visited Dubai in 2001 and this figure is expected to grow to in excess of 6.0 million by the year 2010. Dubai is going from all aspects tourism and economy, thus if you invest there it does not mean that you have to stay there. Although there is the renowned 7 star hotel there, most people can’t afford it thus if you invest there you can actually rent out and earn money just by doing this!
You should also buy and not rent as studies have clearly shown that it’s much cheaper to buy (ie 40%) then to rent. It’s also known that property appreciates in value and the fact that Dubai is a country that keeps developing it can be known for sure that one day you will make double or triple your investment!