We all know that in real estate or any kind of investment, it is all about the time frame of investment and same is the case with Dubai’s real estate market.
0% Property Tax
There is no property tax in Dubai. This means after paying the registration fee to Dubai Department of Land and ownership transfer, there is no other tax to be paid related to property or rental transactions.
Economic growth
Dubai property’s cost of acquisition is much lower than the other major cities in the world.
Higher Capital Growth
Dubai property’s cost of acquisition is much lower than the other major cities in the world.
Modern infrastructure
Under the guidance of the Dubai leadership, the city has successfully built a large network of mega infrastructure projects in order to create a suitable environment for further growth.
Transparent Regulations
Dubai’s real estate market is a well regulated among GCC nations; as the government has taken some measures such as escrow arrangements, lease terms, rental increase calculator, and a rent dispute resolution center.
Political Stability
The UAE remains politically stable due to its visionary leadership working towards economic, social, cultural, environmental and political development.
Strategic Location
Dubai is an important multimodal transportation center. Dubai International Airport, which receives 8.2 million passengers a year, is one of the busiest in the world.