HJ Real Estates tell us, why you should invest real estate in Dubai. Dubai is known as one of the best places in the world to live, visit, and invest, among other things. It is also the safest place in the whole world. It has a social, economic, and service-friendly atmosphere that gives residents and investors many benefits not found in other countries. This makes it one of the best places to invest in a wide range of industries, especially real estate.
Hj real estates gives some reasons why this year is a good time to invest real estate in Dubai real estate. Feel free to say what your own reasons are.
To live and work safely
In the first six months of 2018, there were ₹ 27,642 real estate transactions in Dubai worth AED111 billion. This shows that the Dubai real estate market is growing, as nearly half of the deals were made by foreign investors.
Foreign buyers are very interested in the Dubai invest real estate market because it has a number of key benefits that make it a good place to invest in real estate. And at HJF Real Estate, you can choose from a wide range of homes that fit every lifestyle and taste.
Affordable homes and a good way lifestyle that is a big reason for invest real estatein dubai
With its world-class infrastructure, top-notch restaurants, and state-of-the-art recreation and entertainment facilities, as well as its great healthcare and award-winning schools and colleges, Dubai offers a high-quality lifestyle at a reasonable price.
Benefits of Invest real estate in Dubai Real Estate
1. Competitive Rental Yields
With a gross rental yield of between 6 and 10% and an average return of 7.5%, Dubai has better property yields than popular places like London and New York. London, New York, Hong Kong, Paris, and Singapore, all of which are big international hubs, have property prices that are comparable to those in Dubai.
2. Economic Growth & Stability
Investors choose Dubai because it has a stable and growing economy. As the Middle East’s centre for tourists and business, it has one of the most diverse economies, which brings in a lot of foreign investment every year. It’s not surprising that Dubai won the top spot in 2021 for bringing in the most projects funded by foreign direct investment.
3. Regulated Market
It has been said that Dubai’s real estate market is the most open in the Middle East and North Africa. The market is currently at its highest point and shows no signs of slowing down. The government is making the market more open by adding and changing programmes and rules. The Dubai Land Department (DLD) just started a new project this year that makes all real estate info public.
4. Tax Free Investment
One of the best things about investing in Dubai, especially in real estate, is that you don’t have to pay taxes on your home. Even though VAT is new and doesn’t apply to the buying of a home, it doesn’t make much of a difference in terms of overhead costs. So, you can buy a villa or flat anywhere in the city without giving up any of your yearly income.
5. Growing Population
Since Dubai’s population is projected to double by 2040, more real estate projects will likely be started, which will give investors a high return on their money. The Dubai Centre for Statistics says that in January 2021, there were 3.4 million people living in Dubai and that by 2040, there will be 6.2 million.
6. Safest City in the world
People say that the United Arab Emirates and Dubai are very safe places to live. It’s often called the best place in the world. More than 96.1% of people who answered a poll by the 12th International Symposium on Best Policing Practices in 2019 said they felt safe walking the streets at night. As a woman who lives and works in Dubai, I can confirm this.