10 Reasons to Buy Property in Dubai

1. Reliable Market: Dubai now has a long and proven track record, with an infrastructure to continue that success. In future, the Dubai property market will no doubt experience the small ups and downs of any market. However, the level of government investment underlying property in Dubai will ensure a sustained interest in Dubai real estate.

2. Prices: By international standards, property in Dubai still offers real value for money. Per square metre, for example, even the most sought-after Dubai homes for sale in Dubai cost just a fifth of those in London.

3. Freehold: Since March 2006, foreign investors have been able to buy real estate Dubai on a freehold basis, something that will create even more demand and push prices up higher.

4. Tax Free: With no property tax, capital gains tax or tax on rental income, buyers of properties in Dubai see a lot more for their investment.

5. Economic Growth: For 20 years the economy has grown extremely strongly and currently lies at around 16% a year - a level that nowhere else can offer. The high tax-free earnings also support a continuing rise in Dubai property prices.

6. Rental Returns: In spite of the large and inspiring number of developments under construction, Dubai's economy and attraction to foreign investment means that Dubai holiday apartments and villas for rent are still in relative short supply, and as such can demand up to 15% a year.

7. Demand: Again, the dynamic and burgeoning economy – along with the freehold status – creates real desire for Dubai properties. For today's buyers, that creates a guaranteed 'exit strategy' - when they come to sell, there will be the demand and significant appreciation.

8. Residency: All non UAE property buyers and their family members receive resident visas upon purchasing their emirates property.

9. Location: Dubai is becoming a global hub – easily accessible from all over the world. Plus, the majority of Dubai real estate projects available now are in prime locations that cannot be repeated in future. With Dubai continuing to spread, edge-of-town Dubai apartments today will be city centre pied-a-terres within a few years.

10. More to Come: Most importantly of all, nobody in Dubai is sitting back on their heels and marvelling at what they have already achieved. The investment is continuing to roll in, as the government set their mind to making Dubai the leisure and commerce city of the future.

For more reasons to buy properties in Dubai, speak to our helpful Dubai property investment team.

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