Here are the top 10 reasons why Dubai is a very good place to invest and why has emerged as a preferred lifestyle and real estate destination by investors all over the world:

1. High rental Yield

Dubai offers one of the highest rental yields in the world. Compared to global property destinations, the cost of purchase is lower in Dubai while generating higher rental yield.

2. Growing Population

Dubai is one of the fastest growing cities in the world with a population growth of 1000% in just 40 years. As of 2017, Dubai has around 3 million residents which the majority of which are expats from over 190 countries. This is projected to double in the next decade. *(source – www.dsc.gov.ae)

3. World-class Infrastructure

Dubai is a modern, world-class city with record-breaking skyscrapers, bustling megamalls and high-tech transport infrastructures. Dubai metro is the world’s longest driverless metro network and the City is still rapidly expanding in the run-up to Expo 2020.

4. Tax-Free and Freehold

As per the UAE’s VAT Law, anything designed for living in, such as your own home, is considered residential and is of0% VAT. The first supply of residential real estate within three years from completion is also of 0% VAT.

5. Safe & Stable

UAE is one of the safest countries in the world. The World Economic forum ranked UAE as the 3rd safest country in the world. Proactive government initiatives and a stable law and order system, attract expats from all over the globe to Dubai.

6. Strong Regulations

Dubai has a strong Real Estate and Regulatory Agency (RERA) that enforces a stringent framework of rules and regulations. The transparent policies investor’s rights and boost long term growth of the sector.

7. Aviation Hub

Dubai is strategically located with almost 70% of the world’s population within an 8-hour flight. This makes Dubai International Airport the world’s busiest international passenger hub with close to 85 million people passing through in 2017.

8. Booming Tourist

With adrenalin-pumping desert safaris, luxurious spa breaks, mega shopping malls, fascinating wildlife encounters, high-octane skydives, and exhilarating water park rides, Dubai has something for everyone.

9. Property Investor Visa

Investors who purchase a Dubai property above AED 1 million ($272,294) are eligible to apply for the Property Investor Visa. This renewable Property Investor Visa enables the investor to obtain an Emirates ID, UAE Driving License and sponsor the family as well.

10. World- Class Sporting Events

Dubai is home of the most prestigious sporting events in the world, putting the City in the global spotlight throughout the year. these include the premier golfing championship – Omega Dubai Desert Classic, Dubai Tennis Championships, Dubai Rugby Sevens, and Dubai World Cup – one of the richest horse races in the world.