Home to numerous skyscrapers, Dubai hosts some of the tallest buildings in the world. And we all are aware of them. We have heard about them, read about them and many amongst us have also witnessed the beauty of these mighty buildings.
Anyone who has visited this vertical city will tell you about the breathtaking view that one can oversee from the top floors. You can also capture the high-resolution 360-degree panoramic imagery of several indoor and outdoor locations of the building. Isn’t that amazing?
Most of us would definitely want to invest in these high-rise buildings and enjoy breath-taking views for more than a few minutes. For them, Dubai real estate opens up a long list of opportunities to explore and capitalize on. Here’s how!
No Property Tax
Yes, you heard it right. Dubai has no property tax or capital gains tax. This makes the Emirate the best place to invest in. It also signifies that Dubai welcomes investors and greatly supports growth and stability.
High Return on Investment
As more and more investors are choosing to invest here, the demand is significantly increasing. Epitomized as a ‘Hybrid’ city, Dubai is known for its medium-size and specialised markets while benefiting from access to large domestic markets. Together with progress and development, Dubai investors are able to achieve higher rental yields compared to other mature property markets, thus generating a greater ROI.
Solid Infrastructure
For steady business growth, the prerequisite requires a strong infrastructure to stay in place. The exceptionally well infrastructure and the high standard of living continue to advance the development. Bustling airports, seaports, and businesses and expos, savvy investors have enough reasons to understand why Dubai is the right place for their investments.
Dubai Expo
We have clearly heard of Dubai Expos happening annually as one of the largest global business events. it brings forth massive opportunities for potential entrepreneurs and investors. Since its inception, Dubai has been committed to harnessing cutting-edge technology to provide visitors with an enriched experience, both onsite and wherever they may be in the world.
With the Dubai expo just around the corner and the visitor influx in place, we can surely comprehend the amount of revenue our rental properties can generate for us. So why not invest today and earn the maximum out of it.
Major Tourist Attraction
We all know how major a tourist attraction it is. It is the world’s famous shopping malls, retail brands, entertainment spots, famous attractions, theme parks, and even an insight into the cultural heritage of the city. The visitors can embrace the hospitality of the emirate and enjoy their vacation to the fullest and add it to memory lane.
Investing in Skyscrapers
With all these highlights, it is no wonder that anyone would want to miss out on the properties that Dubai holds. The real estate market is open for residential and commercial properties of numerous sorts. From apartments to penthouses, villas, condos, and much more, Dubai has it all. It all comes down to the investors making an informed decision.
Amongst the notable properties for investment, people look forward to the residential apartments, of which Princess Tower is an iconic example. This secure locality houses numerous families and provides all the facilities and amenities to make your investment credible and promising.
The Takeaway
Therefore, when investing in properties, research thoroughly about the laws governing, benefits offered, and most importantly, the property category. One would definitely want to invest where it reaps the maximum benefits and takes you to the height of growth. Just as high as the skyscrapers we commonly see in Dubai!
