A global city, known for its exotic lifestyle, the tallest buildings in the world, and omnipresent opulence, Dubai is one of the most attractive places to live in, and is a favoured location for property investments. While a tremendous economic growth is foreseen, Dubai is continuously and consistently attracting global talent, Foreign Direct Investment, and impressive real estate projects.
Why is it so lucrative to invest in Dubai?
A few reasons:
Dubai has a strategic location on the world map. As it is situated at a flight distance of 6-7 hours from most cities on the Western and Eastern hemispheres, it is a convenient hub for business leaders and investors. Therefore, the city attracts business and professional talents from across the globe, all the while.
The Dubai Expo 2020 has been the largest global business event to be held after Covid-19 ravaged the world. It shows Dubai’s commitment to economic growth through massive opportunities for potential entrepreneurs and investors.
Dubai has no annual property tax. This makes it an ideal location for investment in real estate.
The Dubai administration is continuously and consistently introducing new measures to improve the business environment and promote long-term growth.
Investors enjoy flexible payment plans, that is customized to their needs and their financial status. Investors also enjoy higher rental yields.
It is a shoppers’ paradise, with Dubai having some of the biggest malls in the world. This attracts tourists and shoppers from all over. This enables further growth of the economy.
Eligible investors will be granted 10-year residence visas. This will add on to the motivation level of investors.
Dubai is one of the safest cities in the world. And it seeks to be the happiest too. Adopting a unique scientific and methodical approach, the Dubai Happiness Agenda measures, impacts, and sustains happiness.
WEDNESDAY, 16 FEBRUARY 2022
