In terms of
real estate business, Dubai
in itself is a hot selling brand. With Government taking keen interest in
execution and completion of so many amazing projects, and the last decade
showing a constant growth, Dubai
economic future looks bright. Investing in Dubai property is becoming every investor’s dream,
although some raise questions on issues like high demand vs. low supply and
infrastructure problems. Let’s have a look at what’s positive and what’s not
with investing in Dubai
real estate.
High Demand:
One thing is
for sure, Dubai
properties are in demand. Investors from all over the world are flocking to Dubai, to get a share in
huge profits. Since non-residents of Dubai have
been allowed to buy the property in Dubai, Dubai is flooded with
interested investors. Everybody seems excited and exuberant about on going
development plans. It will take some time before these jaw dropping
constructions can be matched at some other place of the world.
Lower Prices –
Higher Value:
Rapid increase
in property prices has created the impression that real estate prices are high
in Dubai, which
is completely wrong. One has to consider the rates of equally deluxe apartments
and offices in other main cities of the world. Comparison will reveal the true
picture. Dubai
property is still under valued if we take into amount these factors. Dubai is going through an
economic boost and with properties prices hiking quickly; the perfect time to
invest is now.
Tax Free
Zones:
Dubai government has offered so many
incentives to attract investment, tax free zones are one of them. Free zones
like Jebel Ali free zone, Dubai
international financial centre, Airport free zone and Maritime city, presents
great opportunity for investors. Dubai
offers unsurpassed tax incentives in the world for businesses. More and more
companies from all over the world are setting up their business in these free
zones.
Tourism:
Dubai is a dreamland for tourists. It has
everything, from mysterious deserts to exhilarating
beaches, marvelous hotels and resorts. Approximately 6.5 million tourists will
be visiting Dubai
annually by 2011. World’s biggest arts & entertainment events are held
here, making it even more attractive.
Political
Situation:
Dubai enjoys political stability and
steadiness which is rare in most parts of the world. Since its establishment, Dubai has never been
under political chaos, riots or disturbance. Policies are not shuffled and you
can invest with the sense of certainty which you will hardly find anywhere
else.
Crime:
It’s hard to believe
but crime rate is almost zero in this part of the world. With no reports of
robbery or theft going around, Dubai
is a safe place to live. In today’s world, this kind of peaceful place appeals
everyone desperate to live a life, free from anxiety.William King is the director of Mobile Phone
Wholesalers: http://www.wholesalepages.co.uk/ukwholesalers/Mobile_Phones-119-0.html,
Dropshippers & Dropship Services & Dropshipping Suppliers: http://www.dropshippages.com Dubai & UAE
Property & Real Estate Portal: http://www.bayut.com and Pakistan Real Estate
Directory & Property Portal: http://www.zameen.com/
. He has 18 years of experience in the marketing and trading industries and has
been helping retailers, entrepreneurs and startups with their product sourcing,
promotion, marketing and supply chain requirements.