Why Dubai


The world EXPO 2020:

Dubai will host the next World Expo between October 2020 and April 2021 .This event on a 438 hectare site ,will bring together more than 180 nations and it will fetch more than 25 million global visitors making it one of the greatest exhibitions on Earth.

The Expo will provide visitors with the chance to merge with global cultures,see spectacular architecture and examine thoughtful exhibitions.The Expo will be an unforgettable, once in a lifetime experience for visitors.This expo, among the world’s largest exhibitions, can greatly benefit the economy of Dubai ,particularly when it comes to the real estate sector – there will surely be a higher demand for more luxurious properties.

The huge influx of visitors will have a major impact on Dubai’s already thriving hotel industry, which saw revenue reach up to US$ 6.5 Billion in 2015, a 9.8% year-on-year increase. This could account for a total economic output of AED 142 Billion and create over 277,000 employment opportunities between now and 2021.

Dubai real estate is a strongly regulated market
(RERA – Real Estate Regulatory Agency)

The regulatory arm of the Land Department, where the department sets legislations to regulate the relationship between all contracting parties and to organise the exchange process of properties. The department provides many services to clients in Dubai extending to its role in planning, organising and evaluating operations related to real estate licenses, and the organisation and development of real estate activities, as well as a commitment to monitor projects financially and technically, in order to protect investors.

Source :http://www.dubailand.gov.ae/

Locally tax-free investment with no restrictions on money movement:

Investors enjoy capital gains tax & income tax (Inheritance tax) relief when investing in Dubai property.

Open to foreign investors

Dubai is open to foreign investors who plan to invest in freehold/Leasehold property in Dubai. By Government’s initiative of opening the Dubai market to non-UAE nationals, Dubai has levelled its property market to international standards.

Low Transaction cost

The cost of buying property in Dubai is one of the lowest in the world which attracts investors to consider Dubai real estate.

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