Search engine for touristic excursions to any place in the world Here are some reasons behind investors to consider committing to the Dubai real estate sector:
Expo 2020 is coming to Dubai
Dubai is hosting the next World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations. The announcement from the Expo in Dubai has boosted the off-plan property sector. Investors who are buying Top Real Estate agent in Dubai prior to the Expo get a high return on investment. The Expo’s duration is half a year and millions of visitors should rent property. The rental demand will be high, enabling landlords the flexibility to increase rents.
Dubai seeks to become happiest city on earth
In 2016 The Secretary of state for Happiness was created in Dubai with primary try to develop programmes and policies to boost the benefits amounts of Dubai’s residents, that has been appreciated from the public.
High ROI for Dubai investors
Dubai’s market is maturing since the city’s human population is increasing every year using the numbers from Dubai Statistics Department marking 2,885,818 on the population clock. Investors mindful of the growing demographic are wisely purchasing property to supply the boost in rent demand.
Tourism in Dubai booming
Some of the main areas of Dubai’s economy incorporates tourism, trade, business services and real estate. The making of new hotels and property projects is really a direct result of Dubai’s growing tourism industry. By October 2017 Dubai recorded 11.58 mil visitors, while from the same period in 2016 it was recorded 10,77 mil. The number of visitors is anticipated to improve by 2020 to 25 mil yearly.
Source Business Intelligence & Reporting – Department of Tourism and Commerce Marketing – Dubai
The Museum for the future
The Museum of the Future allows visitors to experience the future through cutting-edge simulations and interactive exhibits. The museum includes scientific conferences and offer advanced courses on new scientific achievements and trends. The museum will give attention to methods to the top three challenges emerging from global warming: water supply, food security and self-sufficient cities.
Low crime rate
The experience of safety is a major advantage of buying property in Dubai as it is considered one of the safest havens both for investors and end-users. The crime minute rates are lowest on earth.
0% income and company tax
Dubai’s policy of no income or corporate taxes attracts many investors and residents from the majority of the countries around the world where taxes are very high. The UAE hosts over 200 nationalities, and Emiratis constitute roughly 10% of the total population, making UAE the place to find one of the world’s highest percentage of immigrants.
Superior transportation routes
Dubai is continuously advancing its transportation infrastructure. The US-based Hyperloop The first is creating an expedited transportation route between Dubai and Abu Dhabi. Hyperloop One prepares to produce the world’s first operational Hyperloop system, allowing passengers to travel involving the emirates in pods at 1,200 km each hour. The project’s goal would be to provide transportation from Dubai to Abu Dhabi in 12 minutes. Hyperloop One estimates that approximately 4,000 vehicles commute daily from Abu Dhabi to Dubai. Dubai Metro in addition has expanded their routes rendering it a straightforward journey for Dubai visitors and residents.
Dubai’s inhabitants are growing
Property project launches in Dubai are estimated to improve since it’s population grows every year that is guaranteeing high ROI for investors. The Dubai Statistics Centre announced that Dubai’s population in January 2016 was 2.4 million and definately will reach 5.2 million by 2030.
Gourmet restaurants, entertainment
Dubai offers unique experiences with desert safaris, luxurious spas, beaches, yacht communities, skydiving, water parks then one of the kind entertainment and nightlife. The town is also known for its wide array of gourmet restaurants and worlds renowned brands have the ability to presence in the metropolis Dubai; making certain there’s plenty to do for both the children, families, visitors and singles.
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