10 reasons why you have to purchase dubai property

Here are some reasons for investors to consider committing to the Dubai real estate sector:

Expo 2020 is coming to Dubai
Dubai is hosting the following World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations. The announcement from the Expo in Dubai has boosted the off-plan property sector. Investors who are buying Commercial for rent in Dubai prior to the Expo will receive a higher return on investment. The Expo’s duration is 6 months and an incredible number of visitors will need to rent property. The rental demand is going to be high, enabling landlords the flexibleness to boost rents.

Dubai seeks being happiest city in the world
In 2016 The Secretary of state for Happiness was developed in Dubai with primary aim to develop programmes and policies to improve the benefits amounts of Dubai’s residents, that has been well received from the public.

High ROI for Dubai investors
Dubai’s market is maturing because the city’s human population is increasing each year with all the numbers from Dubai Statistics Department marking 2,885,818 around the population clock. Investors aware of the growing demographic are wisely purchasing property to produce the rise in rent demand.

Tourism in Dubai booming
Some of the main areas of Dubai’s economy incorporates tourism, trade, business services and real-estate. The making of new hotels and real estate projects can be a direct results of Dubai’s growing tourism industry. By October 2017 Dubai recorded 11.58 mil visitors, while by the same period in 2016 it was recorded 10,77 mil. The number of visitors is predicted to improve by 2020 to 25 mil yearly.
Source Business Intelligence & Reporting – Department of Tourism and Commerce Marketing – Dubai

The Museum for the future
The Museum for the future allows website visitors to feel the future through cutting-edge simulations and interactive exhibits. The museum should include scientific conferences and gives advanced courses on new scientific achievements and trends. The museum will give attention to solutions to the very best three challenges emerging from climate change: water supply, food security and self-sufficient cities.

Low crime rate
The sense of safety factors are an important good thing about buying property in Dubai since it is considered one of the safest havens for both investors and end-users. The crime minute rates are lowest on earth.

0% income and corporate tax
Dubai’s policy of no income or corporate taxes attracts many investors and residents from the majority of the countries around the world where taxes are incredibly high. The UAE is home to over 200 nationalities, and Emiratis constitute roughly 10% from the people in this country, making UAE home to one of many world’s highest number of immigrants.

Superior transportation routes
Dubai is continuously advancing its transportation infrastructure. The US-based Hyperloop One is creating an expedited transportation route between Dubai and Abu Dhabi. Hyperloop One prepares to produce the world’s first operational Hyperloop system, allowing passengers to travel between the emirates in pods at 1,200 km each hour. The project’s goal is always to provide transportation from Dubai to Abu Dhabi in 12 minutes. Hyperloop One estimates that approximately 4,000 vehicles commute daily from Abu Dhabi to Dubai. Dubai Metro has also expanded their routes making it a straightforward journey for Dubai visitors and residents.

Dubai’s inhabitants are growing
Property project launches in Dubai are estimated to improve since it’s population grows every year which is guaranteeing high ROI for investors. The Dubai Statistics Centre announced that Dubai’s population in January 2016 was 2.4 million and will reach 5.Two million by 2030.

Gourmet restaurants, entertainment
Dubai offers unique experiences with desert safaris, luxurious spas, beaches, yacht communities, skydiving, water parks then one of the kind entertainment and nightlife. The town is also recognized for its wide range of gourmet restaurants and worlds renowned brands have the ability to presence in the metropolis Dubai; ensuring that there is certainly plenty to accomplish for the children, families, visitors and singles.
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