Skip to content Skip to footer

TOP-8 Areas for Investment in Dubai for Foreign Investors πŸ‘πŸ‡¦πŸ‡ͺ

One of the biggest advantages of buying real estate in different areas of Dubai is that the city’s economy is growing at a good pace, as well as the population growth itself. Since 2002 Dubai has become a center for foreign investors with its freehold areas.

Most of the listed areas in Dubai have both residential and commercial properties. The cost of purchasing real estate in Dubai is lower than in most other major cities in the world and brings in an average higher rental income.

The most important factor determining the growing of the real estate market in Dubai is the tax system, the quality and the pace of construction, and the demand of investors who want to launch a business in the region.

Choosing the best places to invest in real estate in Dubai is one of the main factors of investing in real estate to get a high ROI in the UAE.

Some investors choose Palm Jumeirah, Business Bay and Dubai Marina to put up money in Dubai real estate. There are many other top investment areas in Dubai that offer world-class amenities required for a high-standard living.

Despite the fact that according to Property Monitor, the rental yield has decreased by a insignificant 0.20%, one can still profit from an attractive rental yield of average 6.23%.

,

Despite the impact of the coronavirus pandemic on the world economy and the well-being of the population, the economy of the UAE remains safe and stable due to the government of the United Arabian Emirates has taken all necessary preventive measures to avoid spreading of coronavirus infection, measures to support the population and economy of the country.

In this way, they managed not only to minimize losses, but also to keep the economic situation stable and at a level no lower than before the COVID-19 pandemic.

The real estate sector in United Arab Emirates stays stable enough, and the total cost of transactions has even increased compared to the same period last year and the freehold areas are in demand for purchase, rent and invest.

The real estate market in Dubai remains attractive for purchase and investment especially with well-integrated communities such as Dubai Marina, Arabian Ranches and Palm Jumeirah with upscale amenities and reputed developers behind them.

Leave a comment

0.0/5