advantages of investing in Dubai
Transparent legislative framework
Freehold districts are special territories where citizens of other countries can acquire any real estate objects with the right to dispose of them. This is enshrined in the Property Law of 2006. All rights to real estate are registered with the Dubai Land Department. The registration certificate is issued to the buyer directly at the time of application, which makes it a significantly simplified and secure procedure.
Preferential tax treatment
The absence of property and income taxes and fees is what distinguishes Dubai from European resorts. Property owners are free from paying state duties in the UAE. According to the reports of the largest international financial organizations, the UAE tax system ranks fourth in the world in terms of attractiveness for international business.
Transport accessibility
Moscow and Dubai are at a distance of 3.682 km. The time difference is only 1 hour. No jet lag syndrome and unpleasant adaptation after long journeys! Moreover, Dubai Airport is located within the city limits, which greatly simplifies the transfer to the final destination. The government of Dubai plans to make 25% of public transport and taxi fleet unmanned by 2030.
High business activity
Dubai is the capital of business projects at the crossroads of East and West. The business eco-system of the city is constantly evolving. Ultramodern venues and exhibition complexes are being built. Millions of entrepreneurs from all over the world visit Dubai every year. Innovations, technical and technological achievements and new acquaintances with business partners – all this makes the city a modern business center.
Affordable real estate prices
The prices of local real estate objects are commensurate with the prices of apartments in Russian cities with population of over one million. Besides luxury apartments, real estate in Dubai can be purchased at prices similar to Moscow apartments. Terraces, outdoor pools, panoramic windows in local housing facilities are not a luxury, but a customary norm.
High-return investment
Real estate in Dubai is liquid all year round. The owners have the right to make transactions with their property at any time; apartments are guaranteed to be in demand. Depending on the area where real estate objects are located, the return on investment is 7-15% per annum. This is several times higher than the returns from properties in Europe.