12 reasons why you might want to buy a property in Dubai
People from over the world eagerly purchase houses and apartments in Dubai. From this article, you’ll get to know why you might want to do so too.
The demand for Dubai real estate has been growing steadily over the past few years. Premium properties, such as Dubai Hills Vista, are true gems that can impress even the most discerning buyers. In this article, you’ll find a list of reasons that might convince you to invest in Dubai houses and apartments.
An Extensive Choice of Properties
Most tourists fall in love with Dubai at first sight because it’s an extremely beautiful and welcoming city. Some people dream of living in a skyscraper, where they can admire breathtaking views while sipping their morning coffee. Others prefer private houses with well-groomed gardens and panoramic windows. No matter which type of property you want, you’ll be able to find it in Dubai and buy it.
Continuously Increasing Prices
Every year, real estate in Dubai is becoming more expensive. The sooner you buy it, the more you’ll benefit from it! The house or apartment that you purchase will have a high resale value. But most foreigners don’t want to just make money on Dubai properties. They like spending time in the city, so they normally save at least one apartment for themselves.
Top-Notch Construction Quality
Dubai properties look just as stunning in real life as in promotional photos and videos. They are modern, environmentally friendly and energy-efficient. Construction materials that local building companies use are highly durable and safe. Famous designers and architects gladly come to work in Dubai because here, they can make many of their professional dreams come true.
High Rental Returns
If you rent out your property, you can expect to get around 8% of its cost back every year. That’s much higher than in most other cities on the planet.
An Opportunity to Get the Local Residency
To become a Dubai resident, you should buy a property that costs at least AED 1 million. It should be ready to move in, so you shouldn’t opt for an off-plan apartment. Plus, you need to pay in cash. After that, you won’t be a tourist in Dubai anymore but a full-fledged member of the local community.
No Taxes
The city remains one of the very few places on the planet where you don’t need to pay a yearly tax for the mere fact of owning the property. Moreover, you won’t need to pay a tax on your income! That might sound too good to be true but it’s a fact.
Prolific Business Environment
If you want to find a job in Dubai, you’ll appreciate local salaries. Professionals with extensive experience in their spheres can land very good positions. Many international companies have branches or headquarters in Dubai.
If you run your own business, you might want to open an office in Dubai as well. Your odds for success will depend on your industry. In the last few years, online education, gadget repair and cleaning were among the fastest-growing spheres of activity.
Outstanding Safety
Dubai is one of the safest cities on the planet. Well-off individuals feel more comfortable here than in many other tourist hubs. People respect each other in the street and in public places.
Top-Notch Transport Infrastructure
You can easily fly from Dubai to nearly any destination in the world, at any time of the year. Local roads are perfect and you’ll enjoy every minute of driving a car.
Fabulous Shopping Opportunities
Local shopping malls are legendary. In Dubai, you can buy items from the latest collections of top designers: clothes, accessories, furniture, decor items, gadgets, works of art and so on. All your family should be over the moon!
Excellent Weather
While it might be rather hot in Dubai, there is air conditioning everywhere. You’ll be able to go to the beach every day and enjoy the sunshine much more often than in Europe or America. The warm climate makes people happier and healthier.
Cosmopolitan Vibes
You won’t need to learn Arabic before moving to Dubai. It’s enough to speak English to be able to enjoy the local life to the max. As you probably know, even the road signs here are available in two versions: Arabic and English. Nevertheless, you might want to learn the language just to show your respect to the national culture — and because it should be a pleasure!
In Dubai, you’ll be able to meet expats from all continents. You’ll make many new friends and establish useful business connections. Here, you’ll realize that you’re a true citizen of the world.
Final Thoughts
Hopefully, this article came in handy and has inspired you for purchasing a property in Dubai. People from all over the world buy houses and apartments in this vibrant city. Some of them become Dubai residents, others come here for holidays. Plus, many owners rent out their properties and make good money on them. Maybe, now it’s your turn?..