Real estate investment in Dubai
[edit] Introduction
The emirate of Dubai in the United Arab Emirates is one of the largest hubs for business, entertainment and tourism. The metropolitan haven is a magnet for expatriates looking to run businesses whilst enjoying life in an urban setting.
These are some of the reasons for Dubai's popularity as a real estate investment option:
Absence of property tax. Ordinarily, investing in commercial real estate and getting a loan is accompanied by a significant property tax. The United Arab Emirates offers the opportunity of purchasing property free of this property tax, automatically cutting costs on an initial property investment.
Residence visa. A major benefit of purchasing an off plan property in Dubai is the residence visa. Purchasing properties valuing AED 1 million and above enables the investor to qualify for a residence visa. A residence visa will allow the investor unlimited entry into the United Arab Emirates, ensuring ease of secondary real estate investment properties.
Leisure hub. Dubai is one of the most frequently visited tourist destinations in the world. Dubai is also one of the premium shopping hubs in the world.
Weather. The emirate of Dubai offers the combination of the warm backdrop of a middle eastern desert, coupled with all of the amenities and luxuries of a modern-day city. The warm heat of Dubai attracts residents and secondary property investors alike to experience the sandy beaches from the comfort of a luxury holiday home to real estate rental property investing.
Infrastructure. The skyline of Dubai is adorned with magnificent skyscrapers, with the Burj Khalifa at the heart of it. It includes buildings designed by some of the best architects in the world and showcases impressive heights of world-renowned infrastructure.
Ease of conducting business. The emirate of Dubai is ranked as one of the top cities in the world for the ease of conducting business. This ranking is based on key considerations such as the process of business establishment and the convenience of permits. The organisation of free zones within the city encourages trade and boosts the economy of the country.
Tolerance. The city of Dubai is a welcoming and tolerant place. The multicultural nature of the country allows for residents to live in harmony and peace whilst simultaneously sharing cultures through numerous restaurants and festivals. This tolerance, combined with the low crime rates ensures that Dubai is an extremely popular place to reside.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Amendment to the GB Energy Bill welcomed by ECA
Move prevents nationally-owned energy company from investing in solar panels produced by modern slavery.
Gregor Harvie argues that AI is state-sanctioned theft of IP.
Heat pumps, vehicle chargers and heating appliances must be sold with smart functionality.
Experimental AI housing target help for councils
Experimental AI could help councils meet housing targets by digitising records.
New-style degrees set for reformed ARB accreditation
Following the ARB Tomorrow's Architects competency outcomes for Architects.
BSRIA Occupant Wellbeing survey BOW
Occupant satisfaction and wellbeing tool inc. physical environment, indoor facilities, functionality and accessibility.
Preserving, waterproofing and decorating buildings.
Many resources for visitors aswell as new features for members.
Using technology to empower communities
The Community data platform; capturing the DNA of a place and fostering participation, for better design.
Heat pump and wind turbine sound calculations for PDRs
MCS publish updated sound calculation standards for permitted development installations.
Homes England creates largest housing-led site in the North
Successful, 34 hectare land acquisition with the residential allocation now completed.
Scottish apprenticeship training proposals
General support although better accountability and transparency is sought.
The history of building regulations
A story of belated action in response to crisis.
Moisture, fire safety and emerging trends in living walls
How wet is your wall?
Current policy explained and newly published consultation by the UK and Welsh Governments.
British architecture 1919–39. Book review.
Conservation of listed prefabs in Moseley.
Energy industry calls for urgent reform.