Investing in Dubai and its benefits and positives

Dubai has a strong track record in securing foreign direct investment with its tax-free environment and no restrictions on repatriation of profits.  According to the Dubai Investment Development Corporation, Dubai is the world’s preferred destination for foreign direct investment for more than 70 percent of the companies listed on the Fortune 500 list and entrepreneurs in the new economy.

For foreign investors, comprehensive legislation is available through UAE Federal Law No. 19 of 2018 on Foreign Direct Investment which clearly stipulates foreign ownership and the sectors it allows.  In addition to these legislations, Dubai has its own set of revised regulations and rights in each of its free zones depending on your investment method and the structure you choose.

The most prominent benefits of investing in hotel apartments in Dubai 2023

Looking at real estate developments in Dubai, interest in business and tourism emerge as major sources of increased demand for temporary accommodation, and here hotel apartments are at the forefront of their strength in this field to fill this gap and meet the demand of a wide segment of market customers.

 The main aspects that make hotel investments attractive to investors are:

Less risk associated with an operator, as this task is handled by the hotel management on your behalf.

It is one of the least risky types of investment in terms of demand for renting units.

Obtaining a high financial return as a result of the increasing demand for this type of unit.

The possibility of the investor obtaining accommodation within his hotel unit when visiting Dubai.

The hotel pledges to maintain the hotel unit in accordance with general standards.

Carrying out maintenance work and paying outstanding bills on your behalf.

Advantages of real estate investment in Dubai

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The Emirate of Dubai never ceases to amaze citizens, residents and visitors with its unique and picturesque landmarks. It enjoys an amazing harmony that combines economic and technological development with a lively social life.  Dubai also attracts investors from all over the world to its various sectors, and perhaps the most prominent of these sectors are real estate, buildings, and lands.

 Advantages of investing in Dubai

Obtaining a residence visa in the UAE

Residence visa application for investors in English

Once you start a real estate investment in Dubai you will obtain an investor residency visa

Perhaps the most prominent advantage of investing in Dubai is obtaining a residency visa in the Emirates. Foreigners, expatriates, and investors can obtain residency in the Emirates by purchasing a property there. If you have sufficient financial capacity for that, we certainly encourage you to take this step without hesitation.  A residence visa is also necessary and mandatory for all those wishing to work in the Emirates or practice the real estate brokerage profession.  When granting residency visas to expatriates, the Emirate of Dubai and all the Emirates succeed in attracting more investors, stimulating their presence in the country and contributing to the development of its economy and resources.

Economic stability and recovery

The stable and excellent economic situation helps in developing amenities and increasing individuals’ happiness with government services by attracting investors from all countries of the world, and persevering in continuous and permanent improvement of the elements of the real estate sector.  The future of real estate investment in Dubai is linked to the state of the economy itself, and this applies to all countries. If the country’s economy is strong and thriving, the return on investment will be excellent and satisfactory for the investor.

The official portal of the UAE government provides full details about the economic incentives in the country and all the initiatives undertaken by the government to ensure that investors have a distinctive and unique experience when investing in real estate in Dubai and purchasing buildings.

 Not charging income tax

The first thing an investor looks for in the country in which he intends to invest is the economic situation and the taxes incurred in the future.  Perhaps what most attracts investors to the Emirate of Dubai in particular and the Emirates in general is that the state does not impose a tax on personal income, which encourages individuals to work and invest in the emirate, as the Emirates imposes a value-added tax on goods and services, and an excise tax that the state requires on products that are harmful to health.  humans and negatively affecting the environment.

 High investment returns

Someone hands the house key to another person

We advise you to do extensive research before choosing the most suitable property for you

Returns on investment in real estate vary depending on the type of property itself and the type of investment.  Often, renting real estate in Dubai brings high returns throughout the year. If an investor buys a property in Dubai and rents it for short periods, he will get amazing returns.  Investment options do not end there. There is another type of investment in Dubai real estate, which is buying buildings and then selling them at a higher price when the value of the property increases and according to the market situation.

What is better than investing in the Emirate of Dubai?  It is truly a center for development, making profits, and practicing the profession of real estate development or real estate brokerage, thanks to its encouraging environment and economic incentives.

 Progress and innovation

The Emirate of Dubai is on its way to becoming a smart city in the transportation, transportation, and even services sectors. It has many smart means of transportation that operate without the need for a driver, such as the Dubai SkyPod project, which individuals are looking forward to officially launching, and the electric bus project, which is supervised by the Roads and Transport Authority, and which is constantly updated.  To reach a better level than the previous one.

Innovation and progress are not limited to the transportation sector, but extend to all other sectors, as the Emirate of Dubai supports a healthy relationship between investors and entrepreneurs and modern innovations in the areas of business development, which encourages investment in hotel apartments in Dubai and other types of real estate that are rented.  .

Safety and security

Transportation station in Dubai

Whether you travel by transportation or car, the Emirate of Dubai is safe for everyone

Whether you are thinking about investing in apartments in Dubai or another type of building, safety and security are very important.  One of the most important positives of investing in Dubai is the imposition of strict laws to ensure the safety of individuals from any danger or attack and to protect buildings from any damage, as the Dubai Police works around the clock to respond to any call or problem that may arise between individuals.  It is also known that theft and seizure of property are rare in Dubai, which enhances the confidence of individuals and businessmen in investing in Dubai and purchasing real estate.

 Abundance of real estate options

One of the advantages of buying a property in Dubai is checking out the various options available in the UAE market for types of real estate in Dubai, such as residential apartments that may be a studio or a full apartment, or even luxury villas, townhouses, and private residential complexes.  Not only that, but there are many commercial real estate options that some consider the best investment in Dubai and that bring excellent financial returns to its owner.

 Possibility of freehold ownership

A group of areas in the Emirate of Dubai have been allocated for foreigners and non-Emiratis to be able to buy real estate there, and they are called freehold areas. One of the most prominent features of freehold areas is that the owner enjoys all ownership rights that apply to the property.

 Here are some freehold areas that encourage investment in Dubai and purchase of real estate:

Dubai Marina

Downtown Dubai

Jebel Ali Hills

Discovery Gardens

Jumeirah

 Investing in real estate under construction

Many people with experience in the field of investment in Dubai believe that investing in properties that are still under construction is excellent because the cost of purchasing unfinished properties is much lower than unfinished properties.  After the project is completed, its value becomes much higher than the initial value upon purchase, and thus the investor makes a profit when selling or renting it after the project is completed.  It is worth noting that real estate under construction takes two or three years to become ready and complete, so investors who are able to freeze their money in a property under construction for a long period benefit from it.

This contributed to encouraging real estate investment in 2023, which is expected to grow during 2024 as well.  In addition to the increasing population in Dubai and the influx of more expatriates, which has encouraged an increase in demand for rental properties.  This comes in different types of apartments, villas, and commercial halls.

https://en.wikipedia.org/wiki/Investment_Corporation_of_Dubai

https://en.wikipedia.org/wiki/Dubai_Investment_Fund