Dubai, The City of Gold, is one of the fast-moving cities in the world. The city is a tax-free haven and the place has very limited immigration laws. Because of these reasons many foreign investors are planning to buy an apartment in Dubai.
Apart from the attractive physical aspects of Dubai, it is also a multicultural city that welcomes people from all over the world with open hearts and warmth. The mesmerizing beauty of the place, the captivating aura, warm and friendly people, and relaxed government norms entice many foreigners all across the globe including many Indians to buy an apartment in Dubai.
The city provides an open opportunity for foreign nationals to come ahead and grab the opportunity of owning a piece of land in the City of Gold. So before you find out answers on how to buy apartment in Dubai, it is imperative that you know about some of the specific benefits of buying a property in Dubai:
1. Constant Growing Economy: UAE turns out to be a consistently growing economy aiming at alluring more investors from all across the globe. The UAE government has been working endlessly to establish the City of Gold as an international business ground, providing umpteen numbers of advantages like tax exemptions, free zones, etc. This makes Dubai the best place for investing in property.
2. Affordable Luxury Homes at The Most Economical Price: Luxury homes in Dubai are far cheaper than those valued in other key cities around the globe. The rate at which the luxurious properties in the prime location are available in Dubai is enough to make the foreign investor plan to buy a villa or buy a two-bedroom apartment in Dubai.
3. Availability of Freehold Areas: Dubai has areas where ex-pats or foreign investors can invest in real estate. Designated as “freehold areas”, these places offer international buyers properties in varied options- with some communities offerings apartments, villas, or some offering you to buy a studio apartment in Dubai or a mix of all. Studio apartments in Dubai are one of the best affordable housing options. They are easy to maintain, energy-efficient, and environment-friendly, and give you a unique lifestyle. A cheaper option to go for, where you can save money without bargaining on the lifestyle you wished to have.
4. Good Rental Yields: One of the key benefits of buying a property or planning to buy a two-bedroom apartment in Dubai is the high ROI offered for buyers and investors. When it comes to apartments, Dubai offers an ROI of over 6%. Also, some properties in popular areas of the city yield a rental return of over 9%, an impressive consideration for those wanting to buy apartments in Dubai.
5. Easy Finance Options: Owning a house or aiming to buy a two-bedroom apartment in Dubai in a luxurious area of Dubai is a cakewalk activity because of the many easy financing options available. In the UAE house financing is within the reach of everyone. You can easily buy an apartment of your choice in Dubai in installments with the attractive available payment plans in the market.
6. Secure Living: Dubai is one of the safest places to live in the world. It is the finest place and perfect for families seeking to call it home. Stringent norms and standards for curbing crime and smart and swift police actions are a few examples of how the city keeps its residents safe and secure. The emirate has smart solutions that can halt crime. In a nutshell, a secure living aura is also a major benefit of investing in real estate in Dubai.
7.No Property Tax: This is one of the remarkable and attention-grabbing benefits that the city holds that allures mammoth investors to invest in the real estate of their choice. Tax is completely exempted and this motivates foreign investors to grab a piece of land in the City of Gold
If you are planning to buy an apartment in a city that is ever-growing, developed, and safe to live in, then Dubai is the best option to go for. Given the beauty of the place, and the easy availability of apartments at the best prices, buying a property in Dubai is undoubtedly an exciting proposition.
Dubai, the place with the tallest buildings in the world, is heaven for the real estate market. We, RGESTATE.COM (by Riveria Global), are a fast-growing real estate agency in Dubai. We have been helping people invest in selling and buying properties in Dubai with our real estate investment website since 2008. We offer top-notch homes for sale and rent in Dubai as well as full-service property management. We help customers in locating luxurious, inspirational, and ideal properties.
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