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Dubai - the city of possibilities

19.12.2019

Why Dubai is the city of possibilities

  • 0% personal income tax
  • Year-round sunshine
  • Buy property, residential, tax-free
  • The shopping capital of the Middle East
  • One of the highest gross rental yields in the world (with an average of 7.4%)
  • Officially an Islamic country, but Dubai is tolerant and respectful of other religions
  • One of the world's safest cities
  • 1/3 of the world's population is within four hours' flying time
  • 92% of the multicultural population are expats
  • Demand for off-plan properties is blooming* (according to source - Dubai Land Department)
  • AED 285 billion invested in Dubai property in 2017
  • One of the world's fastest-growing cities, increasing at 10.7% annually
  • Politically stable, thriving economy
  • Average 7-8% capital appreciation for property (source - http://gulfnews.com/property/dubai-s-strong-yields-1.2056845)
  • The first city in the Middle East to host a World Expo, Dubai expects 25 million visits in 2020)

author_pict
Olha Novikova

Author

Property specialist living and working in Dubai since 2019. Has deep knowledge of Dubai real estate and neighboring emirates.

Dubaiproperties.pro
Office 502B, Prime Business Centre Jumeirah village circle 784 Dubai
+971 55 583 50 40info@dubaiproperties.pro