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Dubai Real Estate & Dubai Property |
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There are many reasons why all nationalities are investing in property & real estate in Dubai.
Dubai Real Estate (Dubai property) has only recently been made available for purchase by foreigners and the interest worldwide is incredible. The Dubai Real Estate & Dubai Properties market is very active and is expected to remain so for the foreseeable future.
- The purchaser of Properties in Dubai is entitled to a Residence Visa;
- Properties in Dubai are all finished to a very high standard;
- Dubai Property prices are low compared with other developed countries;
- There is no income tax or capital gains tax applicable on property sales or rentals in Dubai;
- There is no stamp duty, legal fees on freehold property in Dubai - apart from a 1.5% land registry fee on completion;
- Rental income from Dubai Real Estate is presently between 8 - 10%;
- Capital growth on Dubai property is expected to be in excess of 15% per annum;
- Mortgages are available in Dubai to foreigners to purchase Dubai real estate;
- The UAE Dirham is pegged to the US dollar which makes it a stable currency;
- Dubai is a Muslim country but there is a very tolerant attitude to the western culture;
- Crime is almost non-existent in Dubai.
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