Why Invest in Dubai Property?
By Jenny Andrew
Dubai properties have actually climbed by greater than 20% in the previous 2 years - Dubai building is still set to see approximated growth over of 12% per year
No Resources Gains Tax, No Revenue Tax obligation or Estate tax
Dubai Building Costs
Dubai properties are still far cheaper than many significant cities - if you could buy London Docklands One Decade earlier would you? Yes
Demand vs Supply
85,000 Dubai Properties are being built annually - 52,000 Residency authorizations are looked for every month! The supply of Dubai properties isnot anticipated to fulfill the demand for many years to come Dubai property Rental Rates Rental prices in Dubai have actually increased significantly year on year with boosts in between 20% - 40% in the last 2 years alone
The increase in tourism is clear for every person to see
1.9 Million Visitors in 2000
5.4 Million Visitors in 2005
15 Million Visitors anticipated by 2010
Dubai will be a Worldwide location
Dubai is creating a destination with something for every person - From beautiful beaches, largest shopping malls worldwide to the spectacular Dubailand development, 3 times the size of Disney World in Florida and a lot far more ...
Attractive Currency exchange rate
The UAE Dirham is secured to the US Dollor
Dubai is business hub of the Middle East, with a 24 Hr stock market and Business Bay under way, Dubai's Manhattan! Using prime industrial & household financial investment chances
And after that to top it off naturally, year round sunlight and a worldwide way of life with a selection of entertainment choices to suit every taste.