Why Buy Real Estate in Dubai?
Dubai is one of the leading global tourist, financial and investment hubs. It is the most popular emirate, with luxurious beaches and world-famous attractions: Burj Khalifa, Dubai Mall, The Dubai Fountain, Burj Al Arab, Palm Jumeirah, Museum of the Future and others.
In addition to entertainment, Dubai offers great incentives for work and business. There are more than 20 free economic zones, world-class business centers, and many residential complexes with conference rooms and co-working spaces. The emirate has 2 international airports and multiple seaports.
About 90% of the population of Dubai is foreigners. People from different countries move to Dubai because of the high quality of life and the developed infrastructure. There are first-class medical facilities, international schools and universities that offer world-class education. The Expat Insider 2022 by InterNations ranked Dubai as the second best city in the world for expats.
In 2006, Dubai passed a law that allows foreigners to buy property in freehold zones. Also, there is a lucrative residence-by-investment program. The owners of completed property valued at a minimum of AED 750K (USD 204K) are eligible for a 2-year visa, which can be extended. Investments valued at AED 2M (USD 545K) and above, grants the investor a 10-year Golden Visa, which includes family members and domestic staff as well.
The emirate has a stable demand for the purchase and rental of residential and commercial properties. Here you can acquire real estate across different price segments: from affordable studios and apartments to ultra-luxury penthouses and villas.
