Why Invest in Dubai Real Estate?

*Fly to Dubai: Aer Lingus operate direct flights to Dubai 3 times a week*

The attractions of Dubai

Dubai is the ‘Pearl of the Arabian Gulf’ and is a city that is enjoying a period of dramatic, yet carefully controlled growth. 5 million tourists currently visit every year and this is expected to rise to 15 million by the year 2010. These visitors are guaranteed spectacular surroundings, year round sunshine, clean and safe streets, duty free shopping centres that sparkle with gold and superb sporting facilities. The city and its surrounding cater for all types of holiday from relaxing on the world famous Jumeirah Beach to a truly Arabian adventure at one of the many desert or mountain resorts. The city centre itself offers spectacular feats of architecture, both modern and historical, museums and mosques and a wide range of retail therapy provided by local merchants. The hotels of Dubai are nothing short of unbelievable and all share the common factors of excellence. The Palm Island complex for example is said to be visible from the moon and this typifies Dubai’s reputation of planning and building the spectacular time and time again.

Dubai is emerging as a city intent on growth and innovation. It is ideally situated in the regions commercial centre and offers tourists an experience that is nothing short of luxurious. The economy of Dubai grew 16% in 2005 and continues to increase at a rate expected to exceed that of China. This expansion is very carefully controlled and regulated at government level which assures a sustainable level and speed of growth.

Why invest in Dubai Real Estate?

Dubai is a prime example of contemporary design in a prime location
All planning is government controlled – supply demand ratio is controlled
Worldwide recognition and press attention due to developments such as ‘The World’ and ‘Sports City.’
Unparalleled luxury for an increasing number of tourists
A massive and increasing range of Dubai real estate is available
No capital gains or income tax
High quality and consistency of build
No legal fees are payable
Capital appreciation of between 15-25% annually (this figure may vary)
Relatively simple buying process
High rental yields
Property purchase allows you to apply for a residency visa

The latest figure, released in 2006, revealed that over 100,000 Britons have bought property in Dubai. Whether it be a Dubai holiday apartment, a vacation property, a Dubai villa for rent or you want to buy a property in Dubai and live there full time there has never been a better time to invest in real estate in the paradise location of Dubai.