Why Dubai Beats Other Global Real Estate Markets

Dubai has emerged as one of the world’s most dynamic real estate markets in mere a few decades. Its futuristic developments such as the Burj Khalifa, Burj Al Arab and Palm Jumeirah, world-class infrastructure, freehold property laws, off-plan investment options, long-term residency visas, splendid living and convenient business environment define the glamour, captivation and attraction of Dubai.

Dubai welcomes everyone. It is considered a city for all because it offers something to everyone. The dynamism of Dubai’s real estate market makes it unique. A variety of real estate investment opportunities, including luxury and affordable properties and ready-to-move-in and completed properties fascinate property investors. So when it comes to property-related investment options, investment-friendly policies and exceptional returns, Dubai outpaces other global markets.

No matter whether you are a property investor seeking exceptional returns on investment, a businessman looking to establish or expand your business or a family looking for a luxury living environment, Dubai can be your dream destination. So, if you are interested in investing in Dubai’s real estate then keep reading this blog to explore why Dubai beats other global real estate markets.

Why Dubai Beats Other Global Real Estate Markets?

Dubai is one of the most advanced cities in the world. Its investment-friendly policies, high rental returns, capital appreciation and luxury living make it a preferable investment destination, attracting both local and foreign investors.

Strategic Location

Dubai is also popular because of its strategic location. It is located at the crossroads of Europe, Asia and Africa. Its strategic location and geographical advantage make it a central hub for tourism, trade and investment. In simple terms, it has become a global real estate hotspot.

Tax-Advantages

Unlike other popular property markets, there is no income tax, capital gain tax and inheritance tax in Dubai. It means what you earn is yours because the government does not charge anything from your income, leading to high returns on investment. In simple terms, Dubai extends high net profits compared to other popular property markets such as London, New York, Singapore, etc. Dubai’s tax benefits attract investors from across the globe.

High Rental Yields Compared To Other Property Markets

For investors, the primary objective of real estate investors is to earn maximum profit out of their real estate investments. So, they prefer investing in locations that produce significant yields. Dubai is known for offering significant returns on investment. For example, rental returns in Dubai remain somewhere between 5% to 11%. On the other hand, other popular cities like Hong Kong, London and Singapore offer 2% to 4%, making Dubai a top investment destination in the world.

Strong Economy And Political Stability

Dubai’s consistent GDP growth, low inflation and diversified economic model strengthen the economy of the emirate, creating a secure and thriving real estate market. Along with that, the political stability of the UAE also ensures a stable and transparent system, boosting the trust and confidence of investors and businessmen. The political and economic stability of Dubai make it a considerable real estate investment choice.

Transparent Real Estate Market

The Dubai Land Department (DLD) and the Real Estate Regulatory Authority (RERA) are government bodies that regulate Dubai’s real estate sector and ensure transparency. In order to maintain transparency and secure the finances of investors, an Escrow account is opened to secure the payment of an investor when he invests in an off-plan property.

Affordable Luxury Real Estate

Luxury enthusiasts also choose Dubai for their investment because of Dubai’s luxury real estate. Lavish properties such as splendid villas for sale in Dubai, mansions, penthouses and waterfront elegant living spaces are relatively affordable in Dubai as compared to other cities like New York and London. It means, property investors can live a dream lifestyle and also experience the utmost comfort and elegance in Dubai without overspending, enhancing the attraction of the emirate of Dubai.

Dubai’s Golden Visa Benefits

Like many other popular cities of the world such as Spain, Dubai also offers Golden visas to property investors. Dubai’s Golden Visa option is considered more flexible and investor-friendly. People who own a property worth AED 2 million in Dubai are eligible to apply for the Dubai Golden Visa. It is a 10-year renewable residency visa option that enables property investors to stay for an extended period in Dubai.

Sustainable And Smart Developments

Eco-friendly living and sustainable developments are considered the requirements of today’s lifestyle amid modern challenges. Dubai is committed to eco-friendly growth and has also prioritized the concept of sustainability and smart living to address environmental challenges and create a futuristic yet comfortable living environment to facilitate environment-conscious investors and shape a better tomorrow.

Safe And Secure Living Environment

Dubai is one of the safest cities in the world. Its law and order system, strict regulations, low crime rates, proactive law enforcement agencies and secure investment environment make Dubai a safe and secure living and business environment. The city’s safety measures also attract property investors, entrepreneurs, businessmen and high-profile individuals who intend to live and set up their businesses in a protected environment.

Property Ownership Option

What makes Dubai a global city is its property ownership option. Dubai allows expats and foreign nationals to invest, purchase and own all types of residential and commercial real estate without any intervention. Foreigners can enjoy the ultimate property ownership rights over their purchased properties. They can also sell and transfer those properties without seeking the approval of any third party. Freehold properties for sale in Dubai also attract global investors who are passionate about owning property in Dubai.

Off-Plan Properties And Flexible Payment Plans

Not everyone is interested in investing in ready-to-move-in real estate. Some property investors prefer investing in incomplete or under-construction properties because these properties are easy to purchase and also come with flexible payment plans such as a 1% payment plan, allowing investors to pay only 1% of the total amount each month after paying the initial down payment which is also quite reasonable when compared to that of completed properties.

Comparison With Other Global Real Estate Markets:

Why Dubai Attracts Global Property Investors?

• Dubai’s political and economic stability, high returns on investment and cosmopolitan lifestyle attract local and global real estate investors
• Foreigners are allowed to invest and own properties for sale in freehold areas of Dubai
• Zero property taxes in Dubai also make its property market highly attractive and a preferable investment destination
• State-of-the-art infrastructure, low crime rates, safety and security and economic growth also attract real estate investors from across the globe
• affordable luxury real estate, growing population and increasing tourism and high demand for properties also highlight the growth of Dubai’s property sector

The Bottom Line:

Dubai is known as one of the best real estate investment destinations in the world. Investor-centric policies, luxury real estate, tax benefits, exceptional rental returns, 1–% property ownership rights, off-plan real estate, flexible payment plans, safety and security and transparent regulatory framework make Dubai a secure investment choice, attracting local, regional and global investors who seek excellent returns and lavish living spaces.

Partner With Us For A Smooth And Secure Property Purchase In Dubai:

Kelt and Co Realty is a prominent real estate agency in Dubai. This property company helps people buy, sell and rent all sorts of luxury and affordable, residential and commercial properties for sale in Dubai. If you desire to buy property in Dubai to capitalize on its offerings and generate high returns then let our real estate experts guide you through the entire buying process. Our property professionals strive to deliver value and meet the objectives of our respected clients.

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