10 Reasons To Invest In Dubai Real Estate In 2021
Over the past few years, Dubai has been known as a beautiful Middle Eastern city attracting investors from all around the world. If you wonder why Dubai has gained fame as one of the best investment hubs, here are 10 reasons to invest in Dubai real estate in the year 2021…
Get UAE’s passport through property
Issuing the UAE’s passports for property investors and also talented people is one of the most recent and also one of the most important initiatives that the government of the UAE offers. There’s no better reason than UAE’s passport to invest in this privileged country!
Dubai, more affordable now
In the past, Dubai was a very expensive city. On the contrary to this, Dubai now offers much cheaper prices in comparison to other main cities in the world. For example, you can find affordable properties for sale in Dubai that are priced at only AED 400,000 and sometimes even less. Yes, this is a golden opportunity that should not be missed!
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Economic growth is one of the most important factors that investors take into consideration when they decide to invest in a foreign country. One of the most interesting facts about Dubai is its huge economic growth that no one can deny. More interestingly, Dubai’s economy will flourish even in the next few years. Also, all of the recent progress this amazing city has made has been in spite of some challenges including Covid-19. Thus, Dubai is a perfect place to invest in 2021!
Over the past few years, tourists from all around the world have been flocking to Dubai as they are fascinated with how that city has turned into a paradise in the heart of a desert. Dubai is a futuristic city in which you will find yourself surrounded by fascinating buildings, ultra-luxurious hotels, eye-catching properties, the best in entertainment and luxury shopping that you cannot find anywhere else, literally. The city also offers exotic nightlife and a number of festivals in different themes.
Safety and security
Just in the time you enter this amazing city, you will find out that Dubai is one of the safest cities on the planet. This is because the crime rate in it is very low, and the majority of prisoners are in jail only because of financial crimes. An efficient legal system is also another reason why Dubai is among the safest places in the world. So, if you are looking to a safe place to invest in, Dubai is absolutely a perfect place.
Perfect for doing business
The UAE is one of the best places in the world for ambitious businessmen. This record-breaking country has ranked:
- 1st for getting electricity
- 2nd for paying taxes
- 5th for dealing with construction permits
- 7th for registering property
- 9th for enforcing of contracts
- 15th for protecting minority investors
The world-class infrastructure of Dubai is also another factor making it among the most unique places in the world. It is interesting to note that Dubai has the tallest building that has been ever built as well as the largest shopping center in the world and the largest airport. The Dubai International Airport is not only a large airport, but also one of the busiest in the world. Besides, Dubai is famous as a place with the biggest man-made islands and a lot of other wonders that make it truly one of a kind. This is why Dubai is a perfect place to invest in 2021!
Dubai is among few places on the planet where you don’t have to pay any tax. Weather you are a business owner or you have chosen this city as a place to live in, you won’t have to pay any tax for anything. There is also a law that allows 100% ownership of your business even if you are a foreigner. Enormous benefits also make Dubai a highly desirable place. One of these benefits is the 10-year residency visa that you can obtain as an investor or specialist.
Happiest Place On Earth!
It is hard to believe that the UAE has a ministry called Ministry Of Happiness. The only duty of this ministry is to set and enforce laws that enhance life quality for people and make them happy. This is also another factor that has turned Dubai into a Middle Eastern paradise for investors. This fact adds value to any investment!
Another reason for the distinction of the UAE is its visionary leadership that not every country has. The government of the UAE works on different aspects of people’s lives to make them better and better. It is one of the few constitutional monarchies in the world that has been highly successful. There’s no doubt that in the future also it will be highly successful.
According to the above, Dubai is one of the best places not only to invest in real estate, but also to step into other investments!