Why Dubai Is So Striking?
Apart from the beautiful skyscrapers, resorts and gorgeous beaches, Dubai has a remarkable infrastructure that has been recognized by the global community. It is distinguished for many different reasons, firstly for being one of the most luxurious cities, with ultra-modern architecture and, definitely, Burj Khalifa, the tallest building in the world with 828 meters.
In 40 to 45 years, Dubai has evolved and became one of the best cities in the world. From its constantly thriving culture to its continues success in the world of business, thanks to its unique architecture, multicultural environment, overseas property demand and top tourist attractions.
Is Dubai Safe To Live?
Dubai ranks 1st in more than 11 indicators on Personal Safety within different competitiveness indices, mainly the Safe Cities Index by the Economist Intelligence Unit where scores look at Personal, Infrastructure, Health and Digital safety, as well as the Smart Cities report by IMD World Competitiveness Center. The indicators where Dubai ranked first reflects the distinguished role of the local police and other institutions in prioritizing personal safety.
Why Invest In Dubai?
There are many reason on why you should invest in Dubai, and why it has emerged as one of the best real estate destinations by investors around the world. Here are some of the top reasons on why:
⦁ High Rental Yield.
⦁ World class infrastructure.
⦁ Strong regulations.
⦁ Relaxed Tax rules.
⦁ Aviation Hub.
⦁ Property investor visa.
⦁ Growing population.
UAE Golden Visa
“In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland. These visas will be issued for 5 or 10 years and will be renewed automatically.”
The was designed to attract and retain talents from all over the world and establish the UAE as an ideal destination to live and work in. Investors, entrepreneurs, special talents and researchers in various fields of science and knowledge and bright students are eligible to receive the visa.
Why Real Estate?
Obviously, a strong return on investment (ROI) is the ultimate goal when investing in the property or real-estate sector. Securing a property that delivers healthy rates of return requires proper due diligence from the outset. Here are some of the factors that can influence ROI:
⦁ Location that attracts people to live
⦁ Facilities and amenities available in the community, including proximity to transport, education, childcare etc.
⦁ Size of the property
⦁ Quality of the property
⦁ Market conditions and timing of purchase
⦁ Interest rates
⦁ Maintenance costs (RERA Service Charge and Maintenance Index)
Flexible Payment Plans For Everyone
It is difficult for a lot of people to make a full payment up-front when buying a property in Dubai. Property developers like Emaar, Damac, Majid Al Futtaim, Dubai Properties and others offer their buyers a comprehensive payment plan for their ease and convenience. Basically, a payment plan specifies the number of instalments to be paid in a fixed time period as well as the amount to be paid in each instalment. In summary, different property developers offer different types of payments plans which you can pick from to fit your convince.