January has the mildest weather of the entire year, making it the perf...
The word “Dubai” has become synonymous with wealth, extravagance, excess and an ambitious outlook on the future. But did you know Dubai is also a great place to settle down? Not only does it have incredible modern architecture, but there are plenty of opportunities for business, recreation, and education. It’s not hard to see why homebuyers and real estate investors are flocking to this Middle Eastern metropolis in droves.
Sunshine All Year Round
Dubai is a beautiful city thanks to its location. Located in the United Arab Emirates on the Persian Gulf, Dubai has a subtropical desert climate all year round. That means people can enjoy an average of 300 days of sunshine a year. So, it’s no surprise that the city is a paradise for tourists and residents!
The beauty of Dubai lies in its diversity. The city offers a multitude of cultures, religions, and ways of life from all over the world. It’s a multicultural hub where people from all walks of life can coexist peacefully.
Dubai’s booming economy, coupled with its progressive and visionary leadership, has positioned the emirate as a global hub for tourism and trade. Dubai is a city of superlatives: it has the world’s tallest building, largest shopping mall, biggest airport and busiest port.
If you are an entrepreneur, Dubai is heaven. Dubai has no income taxes, no capital gains taxes, no inheritance taxes and no import duties on goods. As an investor, Dubai is also a great place to be. There are more than 100 banks in the free economic zone of Dubai International Financial Centre which offers banking facilities for both entrepreneurs and investors at low rates.
Real Estate Investment Opportunities
Dubai has been one of the world’s fastest growing real estate markets for many years and is a perfect destination for real estate investment. It has one of the most attractive property markets in the world, largely due to its great economic stability and strong government backing. But there are other factors that make it an attractive place to buy or invest in property. Dubai offers excellent returns on investments, with the average return on property over 26% per annum.
Dubai is one of the most popular destinations in the world for expatriates and entrepreneurs because it offers people both opportunity and security. With Dubai’s bustling economy, modern infrastructure, international banking system, and world-class destinations, it is no wonder that people are moving their lives to this Middle Eastern city. Whether you are moving for work or for leisure, you will find Dubai’s wealth of benefits unparalleled anywhere else in the world.