Looking To Invest In International Real Estate?
Looking to invest in international real estate? Invest in Dubai
If you’re looking to invest in real estate beyond borders, Dubai offers some of the best returns on investment (RoI) for your real estate investments. Dubai is a top destination for all sorts of travellers – business, leisure, holiday makers, this is a city that has it all. Home to over 200 nationalities and easily accessible from just about anywhere in the world, Dubai boasts pristine beaches, rich Arabian heritage and five-star luxury living. High-end shopping, dining and entertainment are complemented by year-round sunshine and a safe family-friendly environment. In addition, with such ease of doing business, a stable economy and tax-free status (5% VAT since January 2018), it’s no wonder Dubai is one of the world’s favourite destinations.
Here are some quick facts about Dubai and why you should be keen on diversifying and expanding your real estate portfolio to Dubai regardless of which country you live in;
It is the world’s longest driverless metro network and spans 74.694 kilometres across the Red and Green lines.
Dubai International Airport is one of the busiest airports in the world for passenger traffic.
Al Maktoum International Airport is undergoing an AED 117.54 billion expansion program by the end of Q1 2022 it will be the world’s biggest airport with a capacity of 240 million passengers per year. (Source: dubaiairports.ae)
In February 2016, Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, announced the inauguration of the Minister of Happiness for Dubai, a government role that would channel policies and plans to achieve a happier society.
The Dubai Land Department (DLD) revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED 285 billion through 69,000 real estate transactions.
Highly liquid property market
Logistically, it’s very easy and relatively inexpensive to invest in property in Dubai, whilst the following points ensure the property market remains highly liquid:
- Some of the highest rental yields in the world
- Strong capital appreciation
- Readily-available financing options
- Zero tax, except 5% VAT since January 2018*, on commercial units.
Ease of business set up
Free Zones give companies 100% foreign ownership; exemption from all import duties; 100% repatriation of capital and profits; and freedom from corporate taxation.
Safe and very sound
UAE is the second safest place in the world in which to live, just behind Finland.
Open and free system
Open economic policies, minimal government control and private sector regulation have played an instrumental role in attracting Foreign Direct Investment (FDI).
Dubai’s vision to invest heavily in its transport, telecommunications and industrial infrastructure also make it an attractive destination for international businesses
The UAE dirham being pegged to the long-established and globally recognized US dollar means the value of the currency has enjoyed balance and growth, as well as stability to the import and export trade.
Dubai sits at the crossroads of Europe, Asia and Africa.
Still not keen to make a move and invest in Dubai, BCA Properties will gladly help and address all your questions and concerns about investing in Dubai. We are here to help you decide and facilitate recommended and trusted real estate investments in Dubai through our carefully selected strategic partners with global footprints in real estate development. Get in touch today for an in-person presentation of key opportunities to invest your money in this high-yielding city. We’ll visit you at your convenient time and preferred location for a short presentation of real estate investment opportunities in Dubai.