Why invest in Dubai?

One cannot speak of Dubai in any other way than superlatives. It is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, and in recent years it has developed rapidly, becoming a cosmopolitan metropolis, which is recognized not only for its skyscrapers, for the records broken over time or for the most popular tourist destination in the world, but also for the fact that it has become a favorable environment for investments, being in continuous development.

If in the 18th century it was just a small, fishing town, it later developed rapidly, becoming a cosmopolitan metropolis that focused on tourism, emphasizing unique experiences. In recent years, however, Dubai has become a hub for top investors from all over the world. Dubai is undoubtedly synonymous with records – it has the tallest building in the world – Burj Khalifa, it has the second most spectacular five-star hotel, the largest fountain in the world – The Palm Fountain at The Pointe, Palm​​ Jumeirah , has the world’s highest infinity pool – Address Beach Resort, the world’s largest observation wheel – The Ain Dubai Ferris Wheel, the world’s deepest diving pool – Deep Dive Dubai. At the same time, in addition to these record statistics and in addition to the opulence encountered at every turn,

Dubai is constantly developing and is one of the most attractive places to purchase property. Always oriented towards economic growth, Dubai annually attracts not only millions of tourists, but also foreign investors from all corners of the world, to whom it offers favorable conditions.

Why to invest, specifically, in Dubai, find out below:

01. There are no annual property taxes

Unlike other places in the world, there is no property tax or capital gains tax in Dubai, which makes this city a great place to invest. Once the property has been purchased, the owners will not have to pay additional taxes in the future, but only a one-time tax on the real estate transaction.

02. Significant financial gains, almost certain

Dubai is synonymous with performance in any field and this city boasts the fifth highest performing economy in the world. And this is possible because the Government annually introduces various measures aimed at improving the business environment and promoting long-term development.
Thus, people investing in real estate in Dubai benefit from various flexible payment plans, adapted to their financial situation, and the interest rate is 4.5% for residents and 5.5% for non-residents.
Also, the increase in population from year to year means that in Dubai, the demand for housing is also increasing. Precisely for this reason, investors from all corners of the world prefer Dubai, as it develops rapidly.

03. It has developed infrastructure

Dubai is a metropolis that impresses not only with its futuristic-looking skyscrapers, but also has the third best infrastructure in the world, according to a new study published by the respected real estate agency Knight Frank, which analyzed seven cities in the world from from the point of view of logistics, infrastructure and industrial sectors.
Over time, the Government of Dubai has invested billions in infrastructure development to support general economic growth, but especially industrial growth. Moreover, according to the same study, between 2007 and 2017, Dubai's industrial sector expanded by 10.7%, compared to Hong Kong (42.0%), Singapore (59.6%) and Shanghai (85, 8%). And the experts' statistics are excellent, as they claim that the development of the new infrastructure will increase the city's industrial activity by 57.4% in the next decade, surpassing these cities, according to the report.
Among other things, Dubai has one of the tallest and most elegant buildings in the world, but also the most attractive man-made island. Also, before the Covid-19 pandemic, which broke out in March 2020, Dubai boasted the busiest airport in the world in terms of international passenger traffic. In terms of seaports, Dubai has the Jabel Ali port, which is the largest man-made port in the world.
So, all these are just some of the reasons why investors from all over the world choose to invest in Dubai.
Also, there are some laws that allow obtaining residence visas under advantageous conditions, for periods of 3-10 years, depending on the amounts invested in properties, or even citizenship.

04. It is a true shopper's paradise

Dubai is home to some of the largest malls in the world, attracting shoppers from all over the world every year.
Although Dubai is one of the most attractive shopping destinations in the world and boasts the largest area dedicated to malls in the world, namely the Dubai Mall, in the coming period this city is expected to add more than 1, 5 million square meters of retail space.
Also, every year dozens of new brands choose to enter the Dubai market. For example, in 2020, more than 57 new retail brands, more than half of them from Europe, chose to open their outlets in the UAE city.

05. It is the business center of the Middle East

Dubai is undoubtedly a true business center of the Middle East, being considered a hub of international trade or, more specifically, a gateway to the Middle East, India and Central Asia. It is home to a third of the Fortune 500 companies and attracts investors from all over the world.
Moreover, Dubai offers an excellent legal framework for businesses to grow, and business leaders see this city as an untapped area that will continue to grow in the years to come.

06. The population is increasing year by year

Dubai is undoubtedly one of the fastest growing cities in the world. Thanks to modern infrastructure and amazing economic growth, as well as warm weather and abundant opportunities, this city is considered to be a top choice for expats. According to statistics, more than 150 nationalities live here, and the population is growing year by year. In addition, thanks to the economic stability and policies regarding the business and economic environment, this city is a favorable environment for real estate investment.

07. There are certain free zones

The government of Dubai wants to attract foreign investors, and for this it offers them favorable conditions. Thus, foreign investors have the opportunity to purchase property in several free zones in Dubai. This is beneficial not only for residents but also for non-GCC citizens as it gives them full property rights. Thus, they can sell, rent or live in that property. At the same time, it can be bequeathed.

08. You can get an investor visa

Anyone who invests in Dubai a minimum of AED 1,000,000 (approx. EUR 250,000) in a property can obtain an investor visa. What role does this play? Well, this gives investors added confidence, but also the opportunity to come and go as they please during its validity.

09. It is one of the safest cities

Despite the fact that there are many expats, Dubai is one of the safest cities in the world, with an extremely low crime rate. This is precisely why this city is one of the safest places in the world from many points of view, either economically or politically.

10. Dubai's economy, among the strongest in the world

Dubai's economy is undoubtedly among the strongest in the world. Specifically, in 2018, the gross domestic product (GDP) amounted to 421 billion dollars. That is why it is the fifth largest economy in the Middle East, after Turkey, Saudi Arabia, Egypt and Iran.

11. Dubai's ever-growing real estate market

At the start of 2022, Dubai's property market has seen its strongest start to the year, with more than 12,000 properties being traded, according to a report published by Property Monitor. This figure shows a 17.7% increase in transactions compared to 2017, when the best start to the year was recorded.
Also, the real estate agency Core estimates that the construction of no less than 36,000 homes will be completed this year. This figure is not very different from last year, when 37,000 homes were built, but it shows stability.

12. Dubai real estate market, supported by laws

Real estate transactions in Dubai are strongly supported by laws passed by the Government over time. Whether we are talking about the purchase of properties, or whether we are talking about renting, in recent years numerous measures have been adopted to support real estate investments. At the same time, this city in the United Arab Emirates is a paradise from a fiscal point of view, as it benefits from low taxes, unlike other businesses.

13. Affordable real estate prices

Although it is a city where luxury and opulence are met at every step, the prices per square meter of properties are much lower compared to other cities of the world. For example, the price per square meter for a premium apartment is 8,400 dollars. That's slightly higher than last year's average price of $8,200, but well short of $48,000 per square meter in Monaco.

14. The weather is pleasant

An important aspect, which should not be neglected, is undoubtedly the weather. Except for the three months of heatwave, here the temperatures in the thermometers are very pleasant. And this not only brings joy to people who prefer heat, but supports the economy, tourism and businesses that can run smoothly, not being seasonal.

15. Well-developed transport network

Dubai is not just a city that stands out for its skyscrapers. To meet the needs of the millions of tourists who are attracted here annually, as well as the residents, a well-developed transport network has been built. In addition to the two airports, which are recognized for the fact that they are transited by millions of tourists annually, Dubai has a well-developed public transport network. There are buses, trams, metro, but also taxis. Even water and rail transport are well developed here.

16. Extended facilities for communities

People who choose to live in Dubai are, more often than not, captivated by the opportunities and facilities offered to them. Here, residential complexes are built in the form of communities that enjoy the facilities of a city. Thus, there are swimming pools, gyms, shopping malls, clubs, restaurants, event halls, sports/golf courses, running or cycling tracks, so everyone's needs are met.

17. It stands out through development and innovation

Dubai is undoubtedly a city of superlatives, but also of innovation, which determines the rapid development of the economy and population. From the tallest buildings to the largest airports, Dubai has become, in recent years, a hub for technological and business development, all thanks to the innovative ecosystem. With humanoid robots serving ice cream at "Icealice", at Festival Dubai City Mall, this city is recognized as a world leader in artificial intelligence and robotics, constantly developing and providing companies with continuous support and production centers for to create and test their products.
Taking into account environmental sustainability, but also economic and social development, numerous investors from all over the world are attracted to this innovative city. Precisely because of this, you will always be able to find something new and exciting here, which will make investing in Dubai auspicious.

Meet our Team

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Kathleen Grant
Funder
Kathleen Grant
Funder
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Keith Bailey
CEO
Keith Bailey
CEO
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Danielle Murray
Manager
Danielle Murray
Manager
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Thomas Stevens
Manager
Thomas Stevens
Manager
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