Perpetual Economical Growth – The growth of an economy is continuously in UAE and especially Dubai has its own contribution in UAE economy that can’t be ignored. Dubai came out of the economical crisis by gaining upper hand in winning economical development for MENA market.
The revenue generated by oil in Dubai is only 5% of total economy, so we can say that it is not only petro dollars economy. After 2015 Dubai is one of the fastest growing economies in the world that also contributed in UAE to come over the financial crisis of 2008, which has got to be stable now.
Property business is flourishing due to the growing number of expats who arrived to invest in Dubai in search of protective business and career.
he other business sectors are growing as in 2016 the population of Dubai was 2.5 million and is expected to grow up to 3 million by 2020. So Dubai revealing the bright future and is best place for return on Investments.
Dubai gives investors the high sense of security and safety as the money is secured in form of investment asset. The neighboring countries of Dubai are having political issues and the people are coming to Dubai.
Dubai Police had have played a significant role publicly as the police is famous for its gentle behavior and highly law abiding character. They are prompt in action and you will never ever witness a chaotic situation. Crimes are something which is unheard due to lowest crime rate and this can be considered as the best of benefits of buying property or starting the business in Dubai.
An individual who will do investment in Dubai will not possibly going to stay in a hotel for ever and will purchase the property that is going to provide him the residence visa on investment in property that should worth AED 1 million or above.
The best performing areas of Dubai are generating up to 10% rental yield on average. The average rental yield in New York is only 3.91%, in London it is 3.21%, in Singapore it is 2.83% and in Hong Kong you will not get more than 2.82% rental income.
On a very conservative basis, the rental return in Dubai will be not less than 5.82% and that makes Dubai the best destination around the globe for property investors. Some communities in Dubai offer rental yields as high as 9 – 10% per annum. So if you want to enjoy the benefits of buying property in Dubai, don’t forget about the higher rental income that your real estate investment will generate in Emirates of Dubai.
There is zero property tax in Dubai compare to other countries like Hong Kong, London, Singapore and New York.
Dubai rental returns are much higher any country. The best performing areas of Dubai are generating up to 10% rental yield on average. The average rental yield in New York is only 3.91%, in London it is 3.21%, in Singapore it is 2.83% and in Hong Kong you will not get more than 2.82% rental income.
Dubai is one of the fastest growing economies of the world. With a huge influx of visitors and tourists, the emirate is fast multiplying its monetary gains.
Because of this ever-increasing demand of property, real estate in Dubai is becoming more valuable by the day. Capital appreciation is no less than a guarantee with the development path Dubai has set its foot upon.
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