Dubai's Real-Estate offers Value for Long-term Investors
Indeed, for many international investors keen on buying, selling, or leasing property, the emirate has become as safe and reliable an investment destination as any in the world post-covid. Now, market analysts are predicting even stronger growth for the industry, a boom period likely to lift other economic sectors, including aviation and tourism. Besides, the Golden Visa, tax-free incentives, and its distinctive multicultural character only add to Dubai's investor-friendly vibes.
UAE is a cosmopolitan country with a host of opportunities for any business to take advantage of, and its real-estate market is a fantastic option for investors, especially in the wake of growth picking up pace post the pandemic. Moreover, the UAE is facilitating more benefits for the aviation, logistics, and tourism industries and the real-estate sector. In fact, no part of the economy is currently not doing well, and this is bound to have a positive knock-on effect on the property market.
Demand for real estate in Dubai and Abu Dhabi is especially high. Both offer some of the best luxury options in the world for investors, while also guaranteeing a higher ROI than the other emirates. Another point to factor in is that UAE provides a tax-free environment for investors, who are welcome to grow their financial portfolio without having to worry about paying any income, property or rental-revenue tax.
Dubai, with its world-class infrastructure and promise of a glamorous lifestyle - including beach-facing villas and spacious high-end apartments - stands out as a business hub in the region, which makes it an especially attractive prospect for investors. Additionally, once an investor buys a property worth AED2 million, they are eligible to obtain a Golden Visa, which entitles them to long-term residency in the country.
The Golden Visa allow you to, live with your spouse, children and family members - regardless of age - until their permit duration expires, a temporarily stay outside the UAE for more than the usual period of six months to ensure the validity of their residence visa. The Golden Visa gives the investor peace of mind and a stress-free work environment, while assuring him of an unparalleled quality of life.
Behind the introduction of the new real-estate law was a desire to increase investment in the market, and am this reflects in the increase in the property market sales in the past months. It is anticipated that a momentum will be created to keep the industry on an upward growth trajectory.
