Dubai is full of opportunities in terms of employment or business, we have multiple nationalities living & growing here in peace and harmony. Located at the crossroads of Asia, Europe, and Africa, making it an ideal location for international trade and commerce. This strategic location has helped Dubai become a hub for starting a business and for relocation. It offers the best life style and exceptional facilities such as high-end retail, gourmet dining, and top-notch entertainment. The favorable weather, fun activities and events all-round the year have drawn affluent individuals and families seeking to invest in luxury properties in Dubai.

Stable exchange rates support long-term growth in the market. The dirham is considered to be one of the most stable currencies globally.

The UAE dirham has maintained a stable exchange rate with the U.S. dollar for over two decades. The currency effects directly to the profit or loss of any investment. But when the currency is stable, you will always be safe whether you are buying or selling your property in the real estate market.

Besides the market fluctuations in the global market, investments in Dubai has always been in the upward direction. Also, in the coming year the overall trend for the Dubai real estate market is upward, with prices expected to rise by a minimum of 10-15%, and some areas experiencing growth of up to 46%, as per the data.

When you invest in an off plan property, you have the option to pay it off as per the payment plan from the developer and is generally available at lower prices. Also the available mortgage options make the transaction easier for the investor. Dubai government has also implemented favorable laws that help the buyer benefit by investing in off-plan properties.

The United Arab Emirates maintained its first place among the Arab countries for the sixth consecutive year, according to World Happiness Report 2020 . The UAE maintained its advanced position globally and surpassed many developed countries and economies in the global report issued annually by the United Nations Sustainable Development Solutions Network (SDSN). With the strict laws to safeguard the rights and happiness of citizens, residents, employees and stake holders Dubai has sights to become the happiest place on earth. Dubai’s safety is a key element and one of its biggest advantages, which highlights the city’s competitiveness when it comes to the security of its citizens. With residents coming from more than 180 different countries and over 100 nationalities living and working together in the emirate, Dubai is virtually crime-free, and UAE has been named the world’s safest country, retaining its first place in the Global Terrorism Index (GTI) this year.

The ranking is based on findings by the Institute for Economics and Peace and is due to UAE’s ongoing efforts to ensure maximum safety, combat crime and prevent any extremist activities within its borders.

Aligned with the dream to become the world’s crypto capital, Dubai allows buyers to pay in crypto. The Dubai real estate market will accept transactions made using Bitcoin and other cryptocurrencies as long as all legal requirements are met. 

This means that investors have the option to buy villas, townhouses, apartments, and commercial properties in Dubai using Bitcoin, ensuring that the transaction process is secure, efficient and quick.

Dubai real estate market does not impose taxes on properties. Instead, it charges a monthly “housing fee” (also known as municipality tax) and a 4% transfer fee as a way to generate revenue from property transactions.

According to the latest data from CBRE in 2022, the average housing rents have gone up by 27.3% in the year until November 2022. Specifically, the average apartment rents have increased by 27.6% and the average villa rents have risen by 25.4%.

The Dubai real estate market has been acknowledged as the most transparent among countries in the Middle East and North Africa region. Currently, the market is performing strongly and there are no indications of a decline.

The government is implementing new measures and rules to enhance transparency in the market. This has created numerous prospects for those interested in investing in the thriving property market in Dubai.

Dubai presents remarkable returns on property investment, with a gross rental yield ranging between 6-10%, and an average return of around 7.5%. Additionally, Dubai property prices are favorable when compared to other major global cities around the world.

All these factors make the real estate market, one of the best investments in Dubai.